BELCOR

What BELCOR does

BELCOR (legal entity Belchak Corin & Co) is a London-based commercial property agency founded in 2009, specializing in the city-fringe submarket spanning Shoreditch, Hackney, Dalston, Hackney Wick, Old Street, Spitalfields, Whitechapel, Islington, and the City of London. The firm operates from its headquarters at 34 Artillery Lane (E1 7LS) with a lean team of 1–10 professionals, including RICS-qualified staff (Joe Meisel MRICS) and senior partners Paul Belchak and Lucy Stephens. BELCOR offers six service lines: core Leasing, Property Management, Tenant Representation, Capital Markets (investment and development advisory), and two sub-brand offerings — BEFLEX (flexible workspaces) and BASE (managed workspaces, delivered through a partnership with BaseOffices London).

The firm's revenue model is commission-based on leasing and sales transactions, supplemented by recurring property management fees for rent collection, service charge administration, and tenant relations. Pricing is quote-driven with commercial rents on listed stock ranging from approximately £12.50 to £116 per square foot depending on micro-location and asset quality. Go-to-market is sales-led and direct: the firm engages landlords, developers, and occupiers through its website listings, email newsletter, client logo credibility, and personal broker relationships — with no proprietary technology platform underpinning the offering. Notable tenant representations include Gucci (4 Chance Street, Shoreditch), Pret A Manger (192/193 Shoreditch High Street), Winnow Solutions, Nicce, Dotted Desks, All Press Roastery, Room2, and Truman Estates (acquisition).

BELCOR is privately held under founder/partnership ownership with no disclosed institutional investment, parent entity, or funding history. The company has no public APIs, no disclosed software products, and no AI/ML capabilities — its competitive positioning rests on localized domain expertise, personal service, and a curated portfolio of instructions across the East London fringe. Recent strategic activity (2025–2026) centers on service-line diversification into flexible and managed workspace, the formalization of a Capital Markets advisory practice, and a measured geographic expansion into North London.

Name

BELCOR

Legal name

Belchak Corin & Co

Website

https://belcor.london

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

BELCOR is a London-based commercial property agency specializing in city-fringe submarkets (Shoreditch, Hackney, Dalston), providing leasing, tenant representation, property management, and investment advisory services to landlords, developers, and occupiers through a 1–10 person partner-led team.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (531210)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Retail Brokerage (BPAJABAB)

Keywords

• Commercial property agency
• Commercial leasing services
• Property management services
• Tenant representation
• Commercial real estate investment

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Leasing and Sales Commission: Belcor generates revenue through commission fees from property leasing and sales transactions. They provide leasing services to landlords and developers, investment guidance to clients, and tenant representation services.
2. Property Management Services: Revenue from property management services including rent collection, service charge management, and tenant support services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

BELCOR is a London commercial property agency providing advisory and brokerage services across leasing, investment, property management, and tenant representation. The firm works with landlords, developers, and occupiers primarily across London's city fringe areas (Shoreditch, Hackney, Dalston, and surrounding neighborhoods), offering in-depth advice on rental and capital values, leasing and sales strategies, and access to flexible and managed workspace solutions through partnerships.

Product overview

BELCOR is a London-based commercial property agency offering a unified service platform that combines leasing, investment, property management, and tenant representation. The portfolio consists of six core service lines: Leasing (core property transactions), BEFLEX (flexible workspace), BASE (managed workspace), Capital Markets (investment advisory), Property Management, and Tenant Rep. The company operates primarily across East London's city fringe areas including Shoreditch, Hackney, Dalston, and surrounding neighborhoods, providing end-to-end commercial property services for landlords, developers, and occupiers.

Differentiator

Problem solved

Functional benefit

Brands

• BEFLEX: Flexible workspaces service offering
• BASE
• BELCOR Capital Markets

Products and services

• Leasing Core commercial property leasing service providing landlords, developers, and occupiers with in-depth advice on current market rental and capital values, leasing and sales strategies, and marketing tools. The design-led firm works with landlords, developers, and architects to create sought-after commercial products across London city fringe areas.
• BEFLEX Flexible workspace solution offered through BELCOR's sub-brand, providing businesses with adaptable office spaces that can scale with their needs in London.
• BASE Managed workspace service partnered with BASE Offices (baseoffices.london), enabling landlords to offer fully serviced workspace experiences with turnkey, hospitality-led operations. BASE holds the lease and issues licenses directly to clients, operating on a back-to-back model with no exclusivity or fees charged to landlords.
• BELCOR Capital Markets Investment and development guidance service offering comprehensive advice on vacant sites, buildings with development potential, and income-producing investments. Provides strategies for releasing or increasing asset value for property investors and developers.
• Property Management Personalized property management service for commercial and mixed-use assets, handling rent collection, service charges, and tenant relations with proactive problem-solving. Includes tenant support services covering payments, building issues, fire alarms, health and safety, and CCTV.
• Tenant Rep Tenant representation service advocating for clients by introducing off-market opportunities, adeptly negotiating on their behalf, and streamlining the legal process to ensure seamless deal completion within the client's best interests and timeframe.

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• BASE (baseoffices.london)coreChannel Partner/ Reseller/ DistributorBelcor has partnered with BASE to support landlords in marketing their properties as fully managed workspaces. This collaboration empowers landlords to position their spaces more competitively by offering a turnkey, hospitality-led office experience underpinned by Base's operational expertise and technology. BASE offers landlords full market access to both traditional lease opportunities and the growing demand for managed workspace.
• The Wickers CharityminorOthersThe Wickers Charity supports young people from disadvantaged backgrounds to steer them away from a life of crime by providing opportunities and education to succeed. Belcor donates a percentage of every transaction to support this cause.
• Noah's Ark Children's HospiceminorOthersNoah's Ark helps children who are seriously unwell make the most of every day. Belcor's pledge is to host a golf day every year to raise money for this charity.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hanover Green: London-focused commercial property advisory operating across office, retail and investment. Comparable to BELCOR in target market (UK commercial real estate), boutique service model and city-fringe / mid-market occupier focus.
• Fladgate: Independent London commercial property agency offering leasing, investment, development and tenant-rep services. Directly comparable to BELCOR in service mix, London-centric coverage and middle-market occupier and landlord client base.
• Edward Charles & Partners: London commercial property agency providing office, retail and investment agency. Comparable to BELCOR in product, London geography and mid-sized transaction focus.
• Compton: London-focused commercial property agency active in offices, retail and development. Comparable to BELCOR in boutique advisory positioning and concentration on London city-fringe micro-markets.
• Strettons: East London / City commercial property firm with strong East London coverage including Hackney, Stratford and Walthamstow. Comparable to BELCOR in East-London submarket focus, mid-market occupier base and full-service agency offering.

Broad incumbents

• Knight Frank: Global commercial and residential real estate advisor with significant London office agency, capital markets and property management practices. Competes with BELCOR on larger mandates while offering a much broader service portfolio.
• CBRE: World's largest commercial real estate services firm with deep London office, retail and investment coverage. Competes with BELCOR on capital-markets and leasing mandates at the upper end of the city-fringe market.
• JLL: Global real estate services and investment management firm with a substantial UK office agency, capital markets and property management business. Overlaps with BELCOR in London leasing and tenant representation.
• Cushman & Wakefield: Global commercial real estate services firm with a sizeable London office agency and capital markets practice. Competes with BELCOR for city-fringe occupier and investment mandates at scale.

Emerging players

• Hubble: London-headquartered flexible office marketplace and brokerage. Comparable to BELCOR through overlap on London office leasing and through the BEFLEX / BASE flexible-workspace product, representing a digitally enabled alternative to traditional city-fringe agency.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BELCOR