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Belvoir Lettings buys Maitland Rachel

Fri, 04th Jul 2014 17:47

Belvoir Lettings has purchased lettings and estate agent Maitland Rachel in Hereford.Maitland Rachel will be combined with the franchise owner's current agencies. The acquisition will be financed by a loan from Belvoir head office, funded through existing cash facilities and will more than double the size of the franchisees property portfolio. Mike Goddard, Chairman and Chief Executive, said: "This acquisition is another example of Belvoir's strategy to support our Franchisees as they expand their businesses in their local areas whilst also expanding the Belvoir brand across the UK. With a number of more acquisitions currently in the pipeline we look forward to updating the market on our progress of further expanding our network."RD
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7 Mar 2024 16:47

EARNINGS AND TRADING: Belvoir, Property Franchise merger now effective

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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6 Mar 2024 20:43

IN BRIEF: Belvoir and Property Franchise to merge after court approval

Belvoir Group PLC - Grantham, England-based property franchise and financial services company - High Court of Justice approves merger with Property Franchise Group PLC, a Bournemouth, England-based lettings and estate agency franchising firm. The proposed merger will create a GBP214 million company managing 152,000 properties across the UK. The takeover is expected to become effective on Thursday.

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15 Feb 2024 14:33

IN BRIEF: Belvoir shareholders approve merger with Property Franchise

Belvoir Group PLC - Grantham, England-based property franchise and financial services company - Shareholders approve all-share merger with Property Franchise Group PLC, a Bournemouth, England-based lettings and estate agency franchising firm, with about 98% voting in favour. The proposed merger would create a GBP214 million company managing 152,000 properties across the UK. Last week Friday, virtually all Property Franchise shareholders at the company's general meeting also voted in favour of the merger. Belvoir expects the merger to complete on March 7.

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9 Feb 2024 20:24

TRADING UPDATES: ValiRx receives shareholder request for board change

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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11 Jan 2024 09:00

TOP NEWS: LondonMetric Property and LXi REIT plan all-share merger

(Alliance News) - LondonMetric Property PLC and LXi REIT PLC on Thursday said they have agreed to an all-share merger that will create the UK's fourth largest real estate investment trust.

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10 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 falls as investors await rates clarity

(Alliance News) - Blue-chip European shares were lower early Wednesday afternoon, with the mood in equity markets uncertain ahead of Thursday's key US inflation report.

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10 Jan 2024 09:22

TOP NEWS: Property Franchise Group and Belvoir agree all-share merger

(Alliance News) - Belvoir Group PLC and Property Franchise Group PLC on Wednesday said they have agreed an all-share merger that will create a GBP214 million company managing 152,000 properties across the UK.

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10 Jan 2024 07:40

LONDON BRIEFING: Sainsbury's grocery sales drive festive growth

(Alliance News) - Stocks are expected to retreat at Wednesday's market open in London, with investors hesitant to take risks ahead of key market catalysts later this week.

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10 Jan 2024 07:21

Belvoir agrees all-share merger with Property Franchise Group

(Sharecast News) - Belvoir Group and the Property Franchise Group announced a recommended all-share merger on Wednesday, to create a combined property franchise business.

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5 Nov 2023 21:40

Sunday share tips: Belvoir Group, YouGov

(Sharecast News) - Midas told readers on Sunday to hold onto their shares of property rental outfit Belvoir Group.

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4 Sep 2023 10:58

Belvoir posts improved interim results; set to meet expectations

(Alliance News) - Belvoir Group PLC on Monday said its half-year results were "comfortably" in line with its expectations as it posted a higher profit and revenue.

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29 Aug 2023 14:12

Belvoir buys two financial services firms

(Sharecast News) - Property and financial service franchise Belvoir Group announced the acquisition of two financial services businesses on Tuesday - MAB South West and BMA Bristol - as part of its ongoing growth strategy.

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29 Aug 2023 12:09

Belvoir buys financial services business MAB for GBP1 million

(Alliance News) - Belvoir Group PLC on Tuesday said it has acquired MAB (South West) Ltd, a financial services business for GBP1.0 million in cash.

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3 Aug 2023 15:51

Belvoir expects positive first half results in all revenue streams

(Alliance News) - Belvoir Group PLC on Thursday said it expects positive first half results across the board.

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18 May 2023 14:31

IN BRIEF: Belvoir says trading to date in line with expectations

Belvoir Group PLC - Lincolnshire, England-based property franchise and financial services - For 2023, says trading to date has been in line with expectations. Notes resilient performance, with management services fees up 5% from the property franchise division year-on-year. Says gross profit from the financial services division is up 8% year-on-year.

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