Mid Ulster property firm MCG Investments reports a year of growth
MID-Ulster property company MCG Investments has reported 100 per cent growth over the last 12 months, with property in excess of £3 million.
Tanya McGeehan’s business buys and sells properties, both for its own portfolio and on behalf of private investors.
Last year saw the south Derry-based firm complete 27 property transactions, including 16 buy-to-let property acquisitions.
“Before I started the business, my husband Stephen and I had mainly been investing in property for our own family as a future pension and windfall for our children in years to come,” she said.
“MCG Investments was born from this passion and having continued to pivot our services throughout the pandemic, we have experienced consistent growth.
“Despite this success, I never expected the business to be transacting millions of pounds of property deals within a few years and to have been in the position to build a growing and highly experienced team, so it makes me very excited for our future.”
MCG has a number of new residential property projects set for completion in 2023, including a 20-unit build scheme; an eight-unit social housing project; and two apartment schemes.
“The local industry has been riding a bit of wave in terms of the health of the property market, and whilst 2023 looks set to be slower due to economic and global factors such as the cost-of-living crisis and the higher cost of mortgage finance, at MCG Investments we believe we are well placed for another year of growth,” said the business owner.
“We’ve had a great start to 2023 with new acquisitions secured and a record number of enquiries from both investors and agents.
“And through partnerships with other like-minded property investors, we have a strong portfolio in place including development sites, residential buy to lets, houses of multiple occupation and commercial buildings so we are set for another busy year.”