Mason Owen secures treasury deal with Screwfix
Based in Liverpool, Mason Owen is best know for its commercial property work and is now branching out into treasury management and has secured a major contract with Screwfix. Tony McDonough reports
Liverpool commercial property agency Mason Owen has secured a ‘treasury management’ contract with UK DIY and building trade retail Screwfix.
Mason Owen has just launched its new treasury management service. This involves managing a client’s cashflow and liquidity, as well as its financial exposure and risks. It free managers up to focus on the core operations of the business.
Screwfix operates more than 700 trade counters across the UK and in the Republic of Ireland and is Mason Owen’s first client for this service. Mark Williams, asset management director at Mason Owen, said: “We have always sought to innovate and adapt our offering so this is an organic step for Mason Owen.
“It is founded on our knowledge of the landscape, our work on behalf of landlord clients and the close contacts we enjoy with national retail tenants. We have a thriving and busy asset management division and treasury management will sit naturally alongside this service.
Mason Owen was established in 1967 by Barry Owen and Geoff Mason. It is a full-service agency that offers all aspects of surveying including investment, asset management, CPO and valuations. Its subsidiary, Mason Owen Financial Services, offers a niche property and insurance brokerage.
Major clients include clients include Iceland Foods, Greggs, Co-op, Vabeld, TH Real Estate, J. Clarke Investments, Dransfield Developments, London Metric Plc, Assura Plc, Grosvenor and St Modwen.
Mr Williams added: “In this ever-changing world, treasury management will become an increasingly important provision, allowing businesses the space to focus on their business goals.”