Strong growth in the West Midlands has helped property management and surveying group Scanlans achieve a 16 per cent rise in annual revenues.
Overall turnover in the year to March 31 increased to £4.4m from £3.8m, with growth across all of Scanlans’ operations. The best performance came in Scanlans’ 20-strong Birmingham office.
Scanlans is a national practice with seven partners and 64 staff across its offices in Birmingham, Manchester, Leeds and London.
The Birmingham team grew fee income from property management by 25 per cent, fuelled by a host of new instructions for apartment block schemes in the city.
These included Elevate Property Group’s Honduras Wharf scheme comprising 99 apartments in the city centre, and the 128-apartment Heritage Court scheme in the Jewellery Quarter, where Scanlans took over the leaseholders’ Right to Manage.
The firm was also appointed by Elevate to manage the 62-apartment Queens House development in Coventry.
"We are pleased with our performance and are well-placed to see further growth"
Scanlans’ surveying division focuses on commercial and residential property valuations, building surveying, LPA receiverships, expert witness advice, rating and leasehold enfranchisement.
Key appointments in the building surveying and rating teams helped drive income growth by 40 per cent for the Birmingham office of this division.
Neil Inman, pictured, the partner who heads Scanlans’ Birmingham office, said: “We are pleased with our performance in our latest financial year and we are well-placed to see further growth.
“We have worked hard to grow our business in the Jewellery Quarter and other areas of the city and wider region.
“This strategy is bringing positive results. We have doubled fee income for our Birmingham operation over the past four years.
“With a marked rise in the number of developments being managed by Scanlans Property Management, and with new schemes under way, we are confident of further growing our market share as the agent of choice.
“Key recruits in Birmingham have also enabled us to offer our surveying, valuation and rating services to a wider client base with great success.”
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