Landmark toasts strong year
Bolton-based Landmark Investments Group, which this year celebrates 15 years in business, said it placed £101m of ground rent deals with lawyers on behalf of clients in the year to 30 September 2015.
Landmark’s main area of activity is the acquisition and management of residential and commercial ground rents. The activity covers Landmark’s own growing portfolio as well as deals for a number of retained clients. It is estimated that the deal haul covers ground rents on more than £2bn of land and property. Landmark also has its own directly owned portfolio, which has also grown this year.
Ben Ogunby, acquisitions director, said: “We are sought out on a daily basis by a host of residential and commercial developers as well as their advisors, lawyers and lenders. We are happy to provide free up to the minute advice and guidance on the market to ensure sites are optimised for best value. We are confident of being able to add value in almost every situation, which is reflected in our deal volumes.”
Mark Hawthorn, managing director, Landmark Investments Group said: “I’m very proud of what we have achieved over the last 15 years, during which we have seen a lot of changes in the market. We continue to grow and innovate and are seen as leaders within the market. Our own portfolio has grown to over £25m and targeted to hit £30m by the end of the year. We enjoy low gearing which offers a robust platform for further growth and expansion into other asset classes.”