Nick Leslau and Mike Brown’s Max Property has appointed GVA Grimley to manage the newly acquired industrious portfolio.

GVA Grimley has taken on staff from Industrious which will be integrated into its national property management team.

The AIM-Max bought the 7.34m sq ft portfolio, made up of 85 properties across 1,262 units, from receivers Ernst & Young in October for £227m.

Mike Brown, CEO of Prestbury Investments, said: “GVA Grimley has a longstanding relationship of managing property for Prestbury and played a pivotal role in integrating the Industrious team into the services provided to us.”