Record investment levels for property firm
York-based Helmsley Group is celebrating record levels of investment over the last 12 months, with more than £75m invested in property on behalf of its clients.
The money was spent across a number of new properties, helping to drive forward a series of developments across Yorkshire and beyond, from luxury townhouses in historic buildings, to spacious office lets, and residential schemes aimed at first-time buyers.
Max Reeves, director at Helmsley Group, said: “Our current projects have a combined value of £75m, demonstrating that property continues to be a safe haven for investors, even with the ambivalence around Brexit causing one of the most uncertain periods for investment in recent years.”
The property investment specialist, which provides syndicated and development investment opportunities for high net-worth individuals, pension funds and businesses, continued to expand its network of clients in 2019.
Its syndicated portfolio has grown to include 65 properties across the country, with a total combined value of over £165m.
Reeves continued: “We’re witnessing an influx of younger entrepreneurial investors who have made their money through the tech and SME sectors, and this evolving client demographic has definitely helped us to grow our operations.”
Helmsley Group, which is celebrating its 40th anniversary in March, has developed a range of major commercial and residential developments throughout the North.
These include a mixed-use scheme at the historic Old Fire Station in York and a commercial development at Felling Shopping Centre in Gateshead.
The group also plans to expand its holdings further into the North West, following a recent investment in south Manchester.
Richard Peak, managing director at Helmsley Group, added: “As we enter our 40th year in business, we are looking forward to continuing our success and establishing our vision for the future including further expanding our operations outside of the Yorkshire region.
“We look forward to engaging with new clients, while continuing to develop the strong working relationship that we have with our historic investors. We’re very excited to see what is to come.”
