Manchester based Build to Rent (BtR) and property management company, Ascend, has announced a record 2019, with continued growth in turnover and its management portfolio.
The company achieved a turnover of £3.4million in 2019, which represents a 30% year-on-year increase.
Ascend also bolstered its BtR partnerships, bringing the total number of units under management to 4,000 and is in the process of finalising partnerships with institutions regarding even larger BtR contracts that will be brought on board in 2020.
To support this growth, staffing across offices in Manchester, Salford, Liverpool, Leeds and London has increased to 85 employees, a 77% uplift.
Ged McPartlin, Managing Director, said, “Now we can reflect on 2019, it’s been an amazing year, cementing our position as a major Build to Rent player in the North and across the Midlands.
“We owe our success to the great team we have developed at Ascend. Their continued hard work, professionalism and expertise in the sector is the core of what we do. We have even bigger Build To Rent contracts on the horizon, presenting more opportunities to grow our offering for the business and investors.”