Belvoir Lettings has seen further growth at Northwood, one of the group's wholly-owned subsidiaries.
At the end of August, Belvoir reported that Northwood franchisees had benefited from the group's assisted acquisitions programme with five franchisees having successfully completed on portfolio acquisitions.
It said that since then, and with almost 50% of the Northwood 87 strong office network having registered on the programme, a further five acquisitions had been completed bringing the total for the year to date to 10.
It said that together, these 10 acquisitions had added around 1,000 new properties under management to the group and would generate an additional £140,000 p.a. of management service fees, the group's core revenue stream, for Belvoir.
At 9:29am: (LON:BLV) Belvoir Lettings PLC share price was 0p at 107.5p