our acquisition of Sherwood Lettings & Management Ltd.

This latest acquisition is another boost to Leef’s fast ascending trajectory that’s seen us bolster our portfolio by more than 800 managed properties already this year. We're on track to more than double our current portfolio within the next three years through new relationships with developers, investment companies and sales agencies.

Leef Director Joe Knowles commented:

“We’ve had a close relationship with Hockley Developments for a number of years and are familiar with its developments, so taking over the professional management of its rental portfolio fits perfectly into our operating model and specialisms. We’re expanding rapidly within the Nottingham area, which has a burgeoning rental market. Track Capital's 2023 report placed Nottingham seventh out of all towns and cities in the UK in terms of rental yields. The average for Nottingham properties is 5.94%, which is well above the East Midlands average of 4.1%.

“As we have a proven scalable model, and unrivalled experience, we believe we have the capability to more than double our operations by attracting a range of clients from asset managers to property developers who are placing new schemes under our full management. Business acquisition is another key part of our future growth strategy.”