4th December 2017

Property investment market buoyant for AGM

He also announced that Helmsley Group now has £65million worth of property in development across the UK, including a mixed-use development at York’s Fire Station and further affordable homes developments launched to local acclaim at Clifton Moor.
The group also provides development finance – a growth area for the business at present.
Syndicated property Associate Ed Harrowsmith added that the group’s syndicated investments now total 58 properties worth £128million.
He commented: “Yields have been compressed in the investment market due to an uptake in demand and a lack of supply of quality stock. There is still a strong desire from UK investors to make their money work in the property sector, as it’s seen as a positive place to invest, versus other options on the market.”
Tom Sykes, asset manager at Helmsley Group, discussed the strategy behind maximising rental and capital values for properties owned by the Group.
Charles Harrison, head of management at sister company Colenso, introduced a new brand identity for Colenso and discussed how optimal property management can keep property values consistent and tenants content.

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