A North West property auction firm has relocated to larger Liverpool city centre offices after doubling its headcount over the past year.
Landwood Group said it has reaffirmed its commitment to the city by taking space in the Grade II-listed Exchange Flags in the heart of the city’s commercial district, moving from its old The Plaza home on Old Hall Street.
The move will take place at the start of April, with the Manchester-headquartered group set to occupy a 1,200 sq ft space at the development owned by Ashtrom Properties 海角视频.
Founded in 2008, Landwood Group specialise in property, asset management, plant and machinery and property auctions.
Mark Bailey, Landwood Group’s managing director, said: “Exchange Flags is an iconic building at the heart of Liverpool’s business quarter and our move to the building represents how significant the city is to our business and our future.
“The Plaza helped facilitate our growth at a central location, but moving to Exchange Flags will enable us to continue increasing our presence in a key region and where demand for our services is growing.
“The move comes at a time of growth for the group and our business performance over the past year represents the extraordinary effect the pandemic has had and how quickly it has accelerated many emerging trends.
“The changing face of city centres and the high street, and the closure or restructuring of many traditional businesses, has seen a rising demand for our recovery and valuation services.
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“Meanwhile, the closure of traditional auction houses has meant a greater number of businesses are now comfortable selling property - including large portfolios - online through our property auction site.”
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Eight members of staff across the group’s four service lines - property auctions, asset management, recovery and valuation, and project and building consultancy - will relocate to the new premises, which also houses a boardroom and has capacity for more staff.
Headcount at the group’s Liverpool office has increased steadily since it first opened its two-person capacity office in 2018, before quickly doubling to four employees.
Over the last 12 months, the Landwood Group has experienced growth across all its divisions, with headcount across the group increasing from 18 to 27 FTE employees.
In September, the group launched its new project and building consultancy division in response to growing demand for concise, expert commercial advice.