Landmark’s profits rise to £2.9m
The Bolton-based business completed 171 transactions in 2014, and has more than 200 projected for 2015. Landmark Investments Group has unveiled pre-tax profits of £2.9m in the year ending September 2014, up 142 per cent.
The record-breaking performance comes as the firm celebrates 15 years in business.
The business completed 171 transactions in 2014, and has more than 200 projected for 2015.
Deals included the summer 2014 sale of a £6m portfolio at 3 per cent yield and a refinancing package to provide over £10m of capital to invest in ground rents.
The firm was set up in 2000 by the then 19-year-old Mark Hawthorn and Landmark Investments Group’s main area of activity is the purchase of ground rents, also known as the freehold, of residential and commercial properties