Belvoir Lettings PLC annouces further growth through franchisee-led acquisitions

Belvoir lettings plc, the UK’s largest property franchise, announced today that the Group has secured further growth and an increase in the number of properties it has under management following twelve franchisee-led acquisitions during 2017 across the country.

Belvoir now represents 57,637 properties under management following the addition of 1,310 from these latest acquisitions.

Dorian Gonsalves, CEO of Belvoir commented;

“I am delighted that our networks have been very active, supported strongly by available financing and resource from our Central Office operations. The Assisted Acquisition programme has contributed significantly to Belvoir’s continued growth over recent years and we now expect to exceed the additional network revenue from acquisitions set by the Board for 2017.  We have further such deals currently with lawyers and other opportunities under review, with the aim of enabling our franchisees to benefit from consolidation in the sector. Belvoir is here to support our franchisees entrepreneurial growth ambitions, which will benefit the Group and our shareholders alike.”

Read the announcement in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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