Ascot Property Investments is relocating from Crosby to 8 Water Street (pictured) in Liverpool city centre.
The company has agreed to become the newest tenant of the refurbished building, while also taking responsibility for the sale of 96 apartments on the upper floors of the development.
Established in 2014 as a joint venture between Ascot Group chairman Terry Riley and former Ascot Group property manager Stuart Howard, the business claims to have facilitated £30m of investment into the city in the past 12 months.
A further £50m is projected for the next 12-month period.
Howard said: “When we established Ascot Property Investments a little over two years ago we did so with the goal of becoming one of the country’s leading property investment brokerages. I am proud to say that, having brought over £30m of investment into Liverpool so far and with a further £50m in the pipeline, we are well on our way to achieving that.
“We have been involved in property deals across the country but Liverpool is becoming a hotspot for our clients when investing in the UK. The city has a lot to offer and pricing here is competitive when compared against Manchester and of course London. As a result, Liverpool has become very popular with the buy-to-let and hotel sectors, in which we specialise.
“In the past two years we have formed strong relationships in the Middle East and Far East. Investors from those regions are now buying a lot of stock in the North West and in Liverpool in particular. We are always looking to work with new developers, with a solid track record, to keep up with client demand.”
Ascot’s most recent Liverpool project, launched less than three weeks ago, is a residential development at 8 Water Street consisting of 96 apartments. More than 30 apartments have already been sold, which is equivalent to more than £4m of sales in just three weeks.