Adam Vaughan’s Post

A Huge Vote Of Confidence In The Letting Market The recent sales of Stirling Ackroyd, Chestertons and Alexander & Co represents a huge vote of confidence in the UK letting market. Despite endless articles about the decline of the buy to let market, it seems that a private equity fund and a large European property conglomerate still have enough confidence in the sector to spend a nine figure sum on three large acquisitions and I believe that this confidence is fully justified. Whilst over 200,000 buy to let properties were sold in 2023, most of ... https://lnkd.in/eXmAicFK

🚀 Major News in the UK Housing Sector! Bellway's elevated proposition for Crest Nicholson is making waves with a hefty £720m bid now on the spotlight. 🏠🔑 Crest Nicholson's leadership seems ready to signal approval for the agreement, pending the submission of a formal offer by August 8. Fending off earlier offers and a distinct pitch from Avant Homes, the revised bid of shares has captured Crest's interest. Here's the takeaway: Crest Nicholson shareholders are looking at a potential 273 pence per share, a rewarding 28.3% premium. 💸🌟 On top of that, the icing on the cake - an added dividend of 4 pence per share. Bellway's ambitions go beyond mere expansion; it's strategically seeking to merge prowess by retaining the well-known Crest Nicholson brand. Think double branding across at least ten sites. What's the reward for shareholders? An influential position in what could grow to be the UK's second-largest housebuilder based on turnover. 🌠🏗️ As we witness another large consolidation, what are your thoughts on what this means for the sector? #UKHousing #ConstructionBoom #StrategicDevelopment 🏗️🏡💼

🚀 Major News in the UK Housing Sector! Bellway's elevated proposition for Crest Nicholson is making waves with a hefty £720m bid now on the spotlight. 🏠🔑 Crest Nicholson's leadership seems ready to signal approval for the agreement, pending the submission of a formal offer by August 8. Fending off earlier offers and a distinct pitch from Avant Homes, the revised bid of shares has captured Crest's interest. Here's the takeaway: Crest Nicholson shareholders are looking at a potential 273 pence per share, a rewarding 28.3% premium. 💸🌟 On top of that, the icing on the cake - an added dividend of 4 pence per share. Bellway's ambitions go beyond mere expansion; it's strategically seeking to merge prowess by retaining the well-known Crest Nicholson brand. Think double branding across at least ten sites. What's the reward for shareholders? An influential position in what could grow to be the UK's second-largest housebuilder based on turnover. 🌠🏗️ As we witness another large consolidation, what are your thoughts on what this means for the sector? #UKHousing #ConstructionBoom #StrategicDevelopment 🏗️🏡💼

⭐ Knights delivers another year of growth despite challenges 📈 The professional services group increased revenue 6% to £150m and profits 29% to £14.8m for the year to April. #financialresults #growth CEO David Beech said he's "confident" in plans to double the business medium-term 💪🏼 #ambitiousgoals #expansion Knights' acquisitions of Baines Wilson and St James Law in May are "trading ahead of expectations" providing organic growth bases. 🤝#MnA #integration #synergies Beech added Knights has delivered a "good performance" through diversification and strategic acquisitions, building on strong growth since 2018 IPO. 📈 #strategy #execution Headquartered in Newcastle-under-Lyme, Knights now operates across 23 UK locations including Bristol, Cheltenham and Exeter. 🗺️ #nationalfootprint #regionalpresence Share price has more than doubled in a year despite recent pull back, demonstrating investor confidence in growth plans. 📈👍#shareholdervalue #momentum

Mmmm…. Portfolio deals 🤤🤤🤤🤤 Did you know that in Scotland we still have Multiple Dwellings Relief, And can apply non-residential rates of LBTT to acquisitions of 6 or more units? Not in England anymore after last budget announcement 😤 So not only are the returns favourable compared to anywhere else across the UK (I know, I’m biased!!), But the tax advantages are also phenomenal 😍 When it comes to property, Scotland really is on a pedestal. Want to scale your property business rapidly? We can help you do that. Let’s talk 🤙 https://lnkd.in/ex6B2_rf REAL Property Scotland

Exciting news from the Leeds West Groups Real Estate Division. LWG has purchased the real estate for its fourth location in Missouri. This latest land acquisition is the Midas location at 3101 S. Noland Rd. in Independence, MO. Learn more about LWG's acquisitions https://bit.ly/3uljAiA #LWG #LeedsWestGroups #independencemissouri #Midas #independencerealestate #autorealestate #midasofficial #realestateinvesting #automotiveproperty

Check out this latest activity update to see what Acorn Property Group and Acorn Property Invest have been up to recently. There's been some exciting new site acquisitions as well as great feedback on another one of our completions! #newhomes #propertydevelopment #housebuilders #investinproperty #propertyinvestments #investors

Celebrating our Failures! 🎉 We aimed to increase our property holdings to 10 on an estate in Gainsborough, Yorkshire, we faced market shifts that altered our plans. While the last 2 acquisitions didn't meet expectations, we redefine failure as any asset where we can't recycle our entire capital. Despite this, these properties are yielding an average of 11%. Although we haven't pulled out the initial capital from the last properties, we're still enjoying a decent yield for single let family homes in Yorkshire. That's not too bad! 💼💡 #Failure #RealEstate #Investing #Adaptability #Yield

CoStar UK rankings are in for 2023 and Newton Perkins have secured 2nd place🥈 in two categories (London City) for ‘most active single branch agency acquisitions and disposals’ for both the total amount of space leased as well as the total number of deals completed over the year. In addition we have also secured 2nd place (London Single Branch) for ‘most active single branch agency acquisitions & disposals’. This is a great result for the team, especially being recognised as one of the leading ‘single branch’ firms across the whole of central London. The team put in a sterling effort over the course of 2023, in what was a tricky market at times with the total number of recorded deals down on 2022. We take pride in the fact that for the past 3 years NP has secured either 1st or 2nd place for total number of deals completed in the City of London, by a single branch agency, highlighting not only our success in securing transactions for our clients but also our consistency, as a firm, in achieving these results year-on-year. We strive to make sure our clients are provided with a best in class service and advice, which ultimately leads to these kind of accolades. #newtonperkins #costar #realestate #cityoflondon #londonoffices #commercialrealestate #property

Some more exciting news for M&C Property!