SIXTEEN REAL ESTATE (OFFICES) LTD

What SIXTEEN REAL ESTATE (OFFICES) LTD does

Sixteen Real Estate (Offices) Ltd is a Manchester-based commercial property consultancy founded in 2016, operating across Northern England with a team of approximately 11–50 professionals organised into four vertical service lines: Industrial, Offices, Professional Services (rating, lease advisory, expert witness, dispute resolution), and Building Consultancy. The firm acts on both sides of the market — for landlords (asset management, investment agency, leasing) and occupiers (acquisition, relocation, post-Covid workplace strategy) — and is structured around named specialist teams led by founding director Andy Backhouse (Industrial) and co-founding director Nick Nelson (Offices), with additional director-level leadership in Professional and Building Consultancy. Two enterprise or mid-market clients are explicitly named in the source material — Muffin Break (retained for retail expansion) and Blok Projects (occupier on a joint-agency deal with Colliers at Northspring | Spring Gardens).

The firm generates revenue through two streams: (i) commercial property advisory and transaction fees on sales, leasing, and investment transactions in the office, industrial, and retail/leisure sectors; and (ii) professional services including rating appeals, lease advisory, expert witness work, and building consultancy mandates such as project management, due diligence, and dilapidations advice. Pricing is transaction- and mandate-specific — office rents disclosed on listings range from £22.50 to £48 per sq ft, and sales are quoted per freehold interest. Go-to-market is sales-led and relationship-driven, combining direct advisory engagement with joint-agency partnerships (notably with Colliers), a property listings portal on the company website, and earned-media channels including LinkedIn, Instagram, and X/Twitter.

In 2026 Sixteen marked its tenth anniversary by relocating to a 1,284 sq ft third-floor suite at The Pinnacle on King Street in Manchester city centre under a six-year lease, and by appointing Manchester-based PR and social media agency Smoking Gun to drive senior-team profile-raising. There is no disclosed funding, no M&A activity, no proprietary technology platform beyond a listings website, and no AI/ML capabilities — Sixteen operates as a traditional boutique property advisory rather than a PropTech business.

Name

SIXTEEN REAL ESTATE (OFFICES) LTD

Legal name

Sixteen Real Estate Ltd

Website

https://sixteenrealestate.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Sixteen Real Estate is a Manchester-based boutique commercial property consultancy, founded in 2016, serving landlords and occupiers across Northern England through four service lines: Industrial, Offices, Professional Services, and Building Consultancy.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (53121)

SIC

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

akta.pro primary industry

Property Management Advisory & Leasing Administration (FSAEAJAN)

akta.pro secondary industries

Office Real Estate Asset Management (BPAJAMAG), Flex / R&D Industrial Space Brokerage (BPAJACAC)

Keywords

• Commercial real estate advisory
• Property consultancy services
• Office leasing agency
• Industrial property services
• Building consultancy services

Headquarters

HQ city

Manchester

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Commercial Property Advisory and Transaction Fees: Sixteen Real Estate generates revenue through advisory fees and transaction commissions on commercial property deals including sales, leasing, and investment transactions for landlords and occupiers across office, industrial, and retail/leisure sectors.
2. Professional Services (Rating, Lease Advisory, Building Consultancy): Revenue generated from professional services including rating appeals, lease advisory, expert witness, dispute resolution, and building consultancy services including project management and due diligence reports.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Sixteen Real Estate is a Manchester-based commercial property consultancy providing tailored advisory services to landlords and occupiers across the North of England. The firm operates four integrated service lines: Industrial (sales, leasing, strategic land acquisition, and investment agency for logistics/warehousing), Offices (asset management, leasing, investment, and occupier services), Professional (rating, lease advisory, expert witness, and dispute resolution), and Building Consultancy (project management, due diligence, dilapidations advice, and refurbishment of dilapidated commercial buildings).

Product overview

Sixteen Real Estate is a niche commercial property consultancy operating as a single unified service offering rather than a platform with separate modules. The firm provides four integrated service lines: Industrial Services (covering logistics, warehousing, sales, leasing, and investment), Offices Services (asset management, leasing, investment, and occupier advisory), Professional Services (rating, lease advisory, expert witness, and dispute resolution), and Building Consultancy (project management, due diligence, dilapidations, and building reinstatement). These services are delivered through a collective of specialists and clients access properties and services via the company's website portal.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Services Industrial real estate advisory covering logistics and warehousing across the North of England, including sales, leasing, strategic land acquisition, and investment agency services for both landlords and occupiers.
• Offices Services Office space advisory services encompassing asset management, leasing, investment, and occupier services, helping clients navigate post-Covid workplace requirements, from first office space to relocation.
• Professional Services Expert advisory in rating (business rate mitigation and appeals), lease advisory (rent review, lease renewal, restructuring), expert witness, and dispute resolution for UK commercial property owners and occupiers.
• Building Consultancy Project management and building consultancy services including due diligence reports, contract administration, dilapidations advice, planned preventative maintenance schedules, schedules of condition, building reinstatement cost assessments, and defect diagnosis, with specialization in reviving dilapidated commercial buildings.

Quantifiable outcome

• Shortlisted for Deal of the Year at Liverpool City Region Insider Awards 2022

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Smoking GuncoreGTM or Marketing Partner · 7 April 2026Manchester-based PR and social media agency Smoking Gun was appointed by Sixteen Real Estate following a competitive pitch. The strategic brief focuses on profile-raising activities for Sixteen Real Estate's senior team ahead of the consultancy's landmark ten-year anniversary, emphasizing earned media and LinkedIn visibility.
• CollierscoreChannel Partner/ Reseller/ Distributor · 10 March 2026Colliers acted as joint agents alongside Sixteen Real Estate on the Northspring | Spring Gardens building in Manchester city centre. Sixteen Real Estate's associate director Rosie Veitch welcomed the new tenant Blok Projects to the building.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Savills: Major international real estate advisor active across office, industrial, investment, and consultancy services in UK regional markets including Manchester, competing for the same mid-market occupier and investor clients Sixteen targets.
• Colliers: Global commercial real estate advisory firm that Sixteen has partnered with as joint agent on transactions (e.g., Northspring/Spring Gardens for Blok Projects), indicating overlapping coverage of the same Manchester office occupier and landlord market.
• Lambert Smith Hampton: UK-wide commercial property consultancy with strong Northern regional coverage across agency, valuation, lease advisory, and building consultancy — competing directly with Sixteen's four service lines.
• Cushman & Wakefield: Global real estate advisory with strong UK regional presence in office agency, industrial & logistics, and valuation/rating services — a direct competitor for Sixteen's landlords, occupiers, and professional services clients.
• Knight Frank: Global real estate consultancy offering office, industrial, and professional services across the UK; directly competes with Sixteen for landlord and occupier mandates in Manchester and the wider North of England.
• JLL: Global commercial real estate services firm offering agency, advisory, and asset management across office and industrial sectors; competes with Sixteen for North of England landlord and occupier mandates, especially post-Covid repositioning work.
• Avison Young: International CRE advisory offering office, industrial, investment, and project management services in Manchester and across the North, competing with Sixteen for occupier relocation and asset management mandates.
• CBRE: World's largest commercial real estate services firm, with established Manchester and North West teams covering office, industrial, investment, and professional services — directly overlapping Sixteen's full service mix.

Direct peers

• Matthews & Goodman: North West England-based commercial property consultancy offering office, industrial, retail, and professional services — a similarly-sized regional peer with overlapping service mix and target clients in Manchester.
• Worthington Owen: Manchester-based niche commercial property consultancy covering offices, industrial, retail, and investment, directly comparable in scale, geography, and service breadth to Sixteen.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/16realestate
• LinkedInlinkedin.com/company/sixteen-real-estate-ltd
• Instagraminstagram.com/16realestate

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 SIXTEEN REAL ESTATE (OFFICES) LTD