STUDENT property firm Mansion Group has made a pre-tax profit of £1.74m, in the eight months since it changed its year end to December, following a restructuring of the group.

The Manchester-based group, which employs around 25 staff, acquires, refurbishes and asset manage student properties.

Following the credit crunch it has changed its strategy from targeting rich individual investors through buy to let marketplace to offering properties to investors through student property funds.

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