Record-breaking results at the end of Q1
We are over the moon to announce that we have smashed all previous records and are reporting our best figures ever. Achieving the highest portfolio rent roll to date, we have generated an 8% increase on last year, as well as achieving 100% tenant retention throughout 2018.
These recent figures have contributed to a void percentage of just 3.2 across our UK-wide portfolio of prominent properties that range from industrial warehouse units to city centre office suites. We currently have over seventy tenants including companies such as Taylor Wimpey, Optical Express and TSB Bank.
Commenting on the news, Paul Dobson, our property director for Millfield Estates, said:
“2018 was a great year for Millfield Estates leading to this special set of figures in Q1 2019. It is wonderful to know that the team’s hard work has been reflected in the recent statistics for the first quarter and hopefully, this will only increase further throughout the year. We are lucky to have a brilliant cohort of tenants that we hope to continue working with long into the future.”
The announcement comes after a string of lease renewals for the firm with sportswear specialist Golfino extending their ten-year lease at its premises in Mayfair, London, and a further two lease renewals at Millfield’s Stretford-based warehouse property in Greater Manchester.
As well as several properties in our hometown of Bolton, we also have properties in St Albans, Liverpool, Manchester and Nottingham.
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