Rising rents accelerate growth at residential specialist
The Property Franchise Group (TPFG) is expecting "a lack of stock, unprecedented demand, and rising mortgage costs" to continue to drive rents, and its lettings revenues, up throughout this year.
The residential specialist manages 55,000 properties on behalf of landlords. It operates through seven brands, including Hunters, CJ Hole, EweMove, and Martin & Co, and the group is the largest property franchisor in the UK.
TPFG's chief executive Gareth Samples expects "to continue delivering growth in 2023 and beyond".
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