Annual results announcement
End of year financial results
3rd - 9th February 2020
Nik Madan to drive Barnard Marcus London lettings growth
Group further extending its lettings network
Connells Group, one of the UK’s largest and most successful estate agency and property services groups, has appointed Nik Madan, Connells Group Lettings Development Director, to drive the growth of Barnard Marcus’ Lettings division.
Barnard Marcus, part of the Sequence UK network and subsidiary of Connells Group, is one of the largest estate agents in London with 39 branches. Currently, the brand offers 33 lettings offices and will look to extend this by six more in 2016.
Nik, who has over 18 years experience in the lettings industry and primarily in the prime central London market, joined Connells Group in 2014 to spearhead the Group’s cold start lettings expansion. This has included opening 114 branches throughout 2014 and 2015, with a further 50 plus planned for next year. Nik, who is currently ARLA President Elect and will take over the role of President in June 2016, will now also oversee and expand the Barnard Marcus lettings division.
“As well as growing the lettings business across the Connells Group, there will be a focus on taking the already successful Barnard Marcus lettings offering and turning it into the ‘go-to’ lettings agent in London and Surrey,” says Nik. “My aim will be to make the brand synonymous with high quality service and one where we always work in the client’s best interests.”“The London lettings market is incredibly busy and especially so in the Barnard Marcus office areas. We did not see the traditional slow down in Q4 of 2015 as the market remained buoyant, and there is real upwards pressure on rents as we come into 2016 as stock is thin on the ground,” continues Nik. “It’s an exciting time for Barnard Marcus as we aim to capitalise on the growth of the rental market by both strengthening our teams and business and extending our market leading services to even more customers in line with our wider expansion programme.”