Meet the Property Management Expert

By Abigail Burt
News
26th May 21

Jonathan Vanstone-Walker
Managing Director at TSP

What is your role at TSP?

I am responsible for implementing strategy as well as overseeing the day-to-day business operations. I also get involved in client work, mostly on the strategic side.

What do you enjoy most about working at TSP?

I’ve always enjoyed the variety of work and responsibility that comes with working at a niche firm. It’s also exciting to pitch and win new business, which is always something I endeavour to do more of. I was exposed to that early on in my career here, and it means I never take clients for granted or assume that new instructions flow to us. We have to constantly work as a team to create opportunity, which means work never becomes routine and there is always some new challenge to work towards or problem to solve. 

What positive changes has Covid-19 had on your role and the industry?

It provided the impetus to ask some difficult questions about the future of commercial property, and what TSP needed to do to adapt. The lockdown gave the team and I more time to think about strategy and plan for the future. Embracing change is something that I have found exciting and professionally satisfying, and has become a mantra for us at TSP.  

How do you think traditional property management will change in the next year?

Traditional property management will continue to be a race to the bottom for anyone with a commodified product. I think we will see some long vacancies for average-quality offices, and tenants continuing to use break options and lease expiries as an opportunity to review their property strategy. This will mean a lot of change, and a spike in vacancies, prompting some soul searching amongst building owners. It will be harder to defend the traditional model of keeping service charges low to be competitive. Offices now compete against remote working, which is effectively free, so saving a marginal cost is pointless. Offices need to provide occupiers with value and smart property managers are already helping their clients to do this. 

What are you looking forward to post lockdown?

Two things are at the top of my list; being able to travel again, and going for an impromptu pint without having to book in advance.  

Featured Stories & Insights

12th July 24

TSP Celebrates 15 Years: Q&A With Zac Goodman, Founder & CEO

This year celebrates TSP’s 15th Birthday. Co-founded by Zac Goodman in 2009, the business emerged...

Read More
12th July 24

Understanding Forfeiture of Commercial Lease

Have you ever considered what happens if a commercial tenant breaks their lease? Can the...

Read More

5th July 24

Can ‘core to floor’ move the dial in a polarised office market?

AS FEATURED IN ESTATES GAZETTE, 04.07.2024 “A core-to-floor approach is the middle ground office landlords...

Read More
2nd June 24

‘Core to Floor’: The Latest Strategy Helping Landlords Keep Their Buildings Fuller For Longer

Traditional long-term leases and hands-off landlords don’t meet modern occupiers’ needs. These assets are struggling....

Read More
30th May 24

People talk about “customer-centric”, but what is it?

The term “customer-centric” is often thrown around, but what does it actually mean – especially...

Read More
28th May 24

Simplify Processes & Add Value in Property Management: Insights from TSP x Trustek

In this conversation between TSP and our PropTech Consultant partner Trustek, we explore meaningful, data-backed...

Read More

View all

Let's Talk

Got a question? Use the form to get in touch.

    Sign up to our newsletter

    For updates on commercial property news and events.