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  • Langtree celebrates £1m maiden profit

Langtree celebrates £1m maiden profit

01 December, 2016

By: Angela Hankey

category: Property News

0

Property development and management business Langtree has shed light on its multi-million pound rent roll and asset portfolio.

The Warrington-based firm, which was bought out of commercial property company Network Space Developments in 2015, pulled in more than £12m from 450 tenants in its first year, generating a maiden profit before deductions of over £1m.

Langtree, whose operations range from local authority joint ventures to asset management services for investment funds, said it now has assets under management worth £130m spanning 20.5 million sq ft.

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