A surveying firm has won the contract to produce Kent’s annual property review.

Caxtons Chartered Surveyors is teaming up with Locate in Kent and Kent County Council’s Economic and Spatial Development Division to produce the annual Kent Property Market Report for the next three years.

Caxtons takes over from Cluttons, one of the report’s founders.

Caxtons, which has offices in Gravesend, Medway and Canterbury, will research the annual publication which reviews activity and major deals in the county’s commercial and residential property sectors.

The report, which is in its 22nd year, is the definitive guide on the state of the property market and is used to help attract investment into Kent and Medway. Caxtons takes over from Cluttons LLP who, together with KCC and Locate in Kent, were founding partners.

Researchers at Caxtons will analyse property performance in Kent during 2012/13, including an overview of the county’s property market, and a detailed review of the business park, office, industrial, retail and residential sectors.

They will also work closely with Locate in Kent and KCC to collate data about the year’s regeneration projects and inward investment successes.

Caxtons’ managing director Neil Chatterton, said: “It’s a really exciting time for Caxtons to be getting involved with the project.

"Last year continued to be challenging for the economy and the property market, but there were some exciting developments taking place that have put Kent in a very favourable position to see growth in specific sectors.

“Over the next six months our consultants and researchers will be gathering relevant data for analysis to compile the report.”

The 2013 report will be launched at Discovery Park, Sandwich, on October 17.