Chief executive Paul Bassi said the increase was just one of the highlights of an outstanding year of progress which saw the Birmingham company pay its inaugural dividend.
He said: “There has been a significant improvement in bank lending and the appetite for regional property assets from institutions, new funds and the corporate and private sector. The directors believe that statistics will show a substantial increase in the aggregate value and number of investment property transactions having taken place for the West Midlands region.”
Occupancy rose to 86.75% and Mr Bassi said the company anticipated further success during 2013.
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