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PRIVACY
Commercial Property

New base for Birmingham property consultancy

MK2 Real Estate has moved to larger office to accommodate planned growth following successful year

From left: MK2 directors Paul Rixon, Mark Johnson, Ian Wilton, Mark Rooke and Marcello Della Croce

A Birmingham-based niche property consultancy is targeting significant growth following a move to new offices in the city centre.

MK2 Real Estate, which specialises in investment, property management, building consultancy and landlord and tenant work, has ambitions to be a £4.5 million turnover business, employing 30 people, in the next five years.

The company currently turns over circa £1.5 million with 11 staff.

Previously based at Maddox House in Edmund Street, MK2 has doubled its office space with a move to 172 Edmund Street, taking space on the fourth floor of the building on a five-year lease.

The move to bigger offices comes after a year in which it recorded its best year of trading, with 17 investment deals completed across the º£½ÇÊÓÆµ, with a total value of £95 million.

These included the £26 million sale of the city centre Premier Inn, in Waterloo Street, to Standard Life Assurance and the sale of One Cranmore Drive, in Solihull.

Director and co-founder Mark Rooke said: "Property management is a big growth area for the business and a key part of our niche service offering as we seek to help clients maximise the value of their assets.

"However, we are seeing continued growth across all our core services with work being won not just in Birmingham but across the whole of the º£½ÇÊÓÆµ.