The team we have is probably the most experienced one working in investment properties Hackney has. There is no one better to handle your needs than us. We have the means to adapt to any portfolio, providing convenience, value, and more. So, whatever your specifications are, we can help you meet them with services like guaranteed rent, management, and more.

Four new hotels for Hackney

Hackney could see around 100 new jobs come to the area. The Travelodge hotel chain has plans to expand its network. This includes new branches in Haggerston or Dalston, Hackney Wick, Hoxton/Shoreditch or the city fringe, and Old Street. With the eight hotels they already have in the borough, it would take the total to twelve.

The chain is proposing a joint development partnership with the council for the projects. According to them, it would facilitate further growth and stimulate regeneration in the areas.

Travelodge said the project would represent a multi-million pound investment for third party investors. They wrote to the council, outlining how their developments would improve the local economy. Firstly, new visitors would be attracted to the area where they are likely to spend money. In addition, it would create more jobs and opportunities.

Expansions for investments

The plans for Hackney are just one part of a wider proposal. Travelodge sent letters to 220 local authorities all over Britain. They have highlighted 300 target locations they would love to expand to.

The expansion programme may represent an investment of roughly £3 billion in total. This is for third party investors. Also, it could create more than 9,000 jobs all over the UK. Furthermore, local authorities will have a choice of keeping ownership of the hotel. They’d gain an annual rent into the council’s revenue budget. Alternatively, they can sell the hotel, with Travelodge acting as the operator.

Steve Bennett, Travelodge chief property & development officer, had some comments on the situation. He said that within this current climate, local authorities are under heavy pressure to make investments into the economy. They must also support regeneration endeavours. It is for these reasons why Travelodge is writing to Hackney Council. The expansion programme they are doing here may represent a multi-million investment with 100 new jobs.

Additionally, their research reveals one other interesting fact. They claim that on average, Travelodge customers spend double their room rate with local businesses in the area. This could equate to a massive annual boost into Hackney’s economy. In turn it could entice even more people to invest in the area.

Work with our team if you have or want investment properties in Hackney

If you need help from a business excelling in investment properties, come to us. We understand that investors and landlords get caught off guard at the amount of work that goes into properties. So, we provide essential services to any client that needs us. Our intention is to make the entire experience stress free and maximise returns.

Something that makes us stand out is that our services are city-wide. We have the means to work with investment properties all over London. This includes the more rural areas as well as the city centre’s busiest locales.

At Finefair Ltd, we’re able to work with a diverse list of investors and landlords. London and its boroughs are popular with foreign investors. As a result, it has become a leading city for international investment. We work with individuals from the UK and abroad, aiming to offer peace of mind.

So, if you’re after the best services focusing on investment properties Hackney has, come to us. We’ll do whatever you need us to.