Managing director of Luxor Group was named Property Investor of the Year at the Property Investor Awards 2017 in front of an audience of more than 500 people at a ceremony in London

A Liverpool property developer has been named Property Investor of the Year at the Property Investor Awards 2017. 

Paul Nicholson, managing director of Luxor Group won the national award for showcasing his experience, creativity and depth of knowledge of the property sector. Mr Nicholson’s “tenacity and vision” was also recognised by the judging panel.

More than 500 property investors from the UK and beyond attended the awards ceremony  Royal National Hotel, London.

Mr Nicholson was chosen as the winner out of hundreds of nominations, judged by a specialist independent panel on a points-based system. Judges include the immediate past president of RICS, Amanda Clack and This is Money deputy editor Sarah Davidson.

Since acquiring his first property at the age of 23, the entrepreneur has expanded his portfolio from small buy-to-lets to over 200 rental units and developing large-scale multi-million pound regeneration projects throughout the Liverpool city region. 

One of his latest projects is the conversion of the former Tyrers department store in St Helens in to ‘Nicholson Lofts’, a collection of 15 luxury apartments with a duplex commercial unit on the ground and basement level.

Luxor has also acquired Claughton House in St Helens and has plans to convert it in to 18 residential units. Work is also underway at Barrow House in St Helens to transform the retail parade in to a thriving hub for businesses and start-ups.

Luxor Group also placed runner-up in the Property Development of the Year category for its Luxor Court development in Kensington, Liverpool.

Mr Nicholson said: “It is an honour to win this award and champion the North West as a place to invest, live and work. Myself and the whole Luxor team are passionate about transforming communities to create thriving, regenerated areas.

“To gain national recognition is testament to the high quality of our developments and our skill at spotting unique investment opportunities which create change.”