60. Property Franchise Group
Property Franchise Group (TPFG) is, following its merger with Belvoir and the acquisition of Guild and Fine & Country earlier this year, the largest franchised property letting and sales agent in the UK and Ireland.
The company is now focusing on cutting the fat accumulated during its acquisition spree in order to bring down administrative costs. Management expects property sales and financial services growth to increase in the second half of the year, while the lettings market continues to benefit from particularly strong demand. The Belvoir deal tilts its portfolio more firmly in the direction of renters.