A healthy start to 2018 for Belvoir Lettings PLC
Belvoir Lettings PLC, the UK’s largest property franchise, issued a trading update ahead of the Group’s Annual General Meeting to be held at 11.30a.m. today.
To read the Belvoir Lettings PLC trading update 29th May 2018 in full click here.
Dorian Gonsalves, CEO, commented:
“The Group has seen a healthy start to 2018 including increased MSF from property sales despite a widely reported background of softening house transactions. A further ten of our franchise owners have substantially grown their businesses by acquiring a local competitor and we are seeing our lettings-biased Belvoir and Northwood franchisees extending their services to encompass property sales and related financial services. We continue to work closely with our franchisees, providing the support they need to strengthen their businesses, ensuring they are in the best position to take advantage of the opportunities arising from changes in the sector.”