Focus on Property at our K-Club Breakfast Event
July 24, 2017
Our two expert property speakers at our breakfast event earlier this month attracted in excess of 80 entrepreneurs and business owners from the North West.
The building blocks of my career
As a regular K-Club attendee, we were delighted that John Russell of Fairhome Group plc could share his story with the audience. He told of his humble Moss Side beginnings in the family building business where he learnt on site, his rugby career which taught him respect and determination and how, by chance, his building expertise and down to earth nature secured him a slot on TV show Cowboy Builders – Channel 5’s most successful documentary show – for 7 years. Following a bumpy ride over the years through property investment and recessions, in 2009 he established Fairhome Group. Having grown the business significantly, later this year the operation will be moving into offices in Salford Quays with around 200 staff. The business works with local authorities and care providers managing acquisition, investment and development of supported living accommodation using secured investment funds.
The elements that John feels are key to the success of the business to date are;
A Strong Board / Clear Direction / Growth of Maintenance & Asset Management Team / Sustainability / Creating a Residual income to Cover Overheads / Growing infrastructure / Succession Planning
The Manchester Property Scene
Next, we heard from Director at Savills Commercial – James Evans – who gave his take on the current commercial property market here in the North West. Whilst traditionally London has been a key place for investment, since the Brexit result, 12 months of uncertainty and with a weakening pound, there has been an increase from overseas investors into the UK, with the North West being the ‘top pick’ for non-domestic investors venturing outside London. James covered the changes in the demand for retail, logistics and industrial space, and noted how traditional office space is now often seen to be more about ‘cool’ rather than ‘corporate’, especially for young and ‘creative’ businesses.
Both John and James happily answered questions from the floor before mingling with guests as the event closed.
In addition to our main speakers, we were given an overview from both Carol Bolland of FW Capital and Sue Barnard of the British Business Bank of the funding available via the Northern Powerhouse Investment Fund. Click here to view their presentation slides and if you’d like to know more about the scheme, please follow this link.
Missed this event and want to join us in the future?
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