RWinvest sets £1bn Liverpool property target

A property investment firm that has already generated hundreds of millions of pounds for Liverpool property schemes says it can bring another £1bn to the city in the next five years. Tony McDonough reports

Legacie Developments
Parliament Square in Liverpool is being built by Legacie Developments

 

Property sales agent RWinvest claims it can bring an extra £1bn of property investment into Liverpool over the next five years.

Established in Liverpool in 2004, RWinvest is a sales agent that finds investors for UK property projects from all over the world. It has struck up a particularly successful partnership with Liverpool-based Legacie Developments.

Legacie, founded by John Morley, has already delivered residential schemes worth hundreds of millions of pounds in Liverpool. Work is currently well advanced on its £90m Parliament Square project which will see the creation of 505 new apartments in the city’s Baltic district.

RWinvest has already secured more than £300m for Legacie which has funded schemes including Parliament Square as well as Merchant’s Wharf in Salford Quays. Now, RWinvest says it is on target to attract national and international investment of more than £1bn by 2027 from people keen to invest in Liverpool developments.

READ MORE: Legacie ‘considers options’ after scheme refusal

The company employs 50 people at its Liverpool office as well as 25 in Manchester and is currently recruiting for further sales roles. Director Michael Gledhill said: “RWinvest has built up a global reputation for bringing attractive opportunities in the North West to market.

 

Michael Gledhill
RWinvest director, Michael Gledhill

 

“We have major plans to be leading on sales for even more residential schemes over the next five years.  A major focus for us is the Liverpool city region as we continue our successful partnership with Legacie.

“In the coming weeks and months we will be announcing details of investment opportunities on a number of high profile residential schemes and predict that the investment we bring to the city over the next five years will surpass £1bn.

“This is big news for Liverpool and will contribute towards sustaining a vibrant economy after what has been a tough time for the development sector in the area.”

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