Manchester based property investment firm, the Mistoria Group, has announced its expansion into international territory, with a number of joint ventures currently underway with overseas sales agents. Interest from global investors will see Mistoria International become the newest arm to the company, bringing the number of divisions operating under the Mistoria Group brand to 8.
Specialising in the development of high yield student and professional accommodation portfolio’s, the company has experienced an extraordinary year in terms of growth and development, enjoying a 98% occupancy rate on its student accommodation throughout 2013, and is deemed one of the North West’s premier property investment businesses.
With ambitious plans to add an additional 120 properties and 600 tenants to their management portfolio in the next 10 months, the Mistoria Group is on target for the management of more than 1000 properties by 2015. Further plans to expand operations into the University cities of Stoke, Hull and Lancaster have also commenced, with significant projects being currently undertaken in Liverpool.
“We are extremely pleased with the progress we have made this year and through the addition of Mistoria International, will be able to develop an overseas presence, whilst expanding our activities nationally and growing our brand.” says CEO and founder, Mish Liyanage. “New business and expansion has also created the opportunity for more employees and we are going to be increasing staff numbers in 2014, in addition to moving into larger office premises (with the company under one roof), more befitting of our on-going needs.”
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