The Mistoria Group founded in 2009 has just completed 10 years of major growth and expansion into one of the leading providers of student housing in the North West. Over this period the group has also refurbished 250 properties importantly delivering new life into local communities. With over 900 properties in its portfolio alongside over 2000 tenancies under their management Mistoria now employs over 50 staff/contractors across the region.
Responding to the dramatic growth and demand for quality student accommodation Mistoria have expanded their property footprint into Liverpool and Bolton alongside growing their presence in Salford, Manchester. With its entrepreneurial CEO Mish Liyanage at its helm, Mistorias’ assets have dramatically risen over the last decade from £3m to £115m. Meanwhile the groups turnover has been transformed from £578,000 to over £20m in the same period delivering an impressive growth in nett profit after taxes from £15,000 to £337,000 across the Group of companies.
Apart from managing student property Mistoria have also carved out a successful niche in offering investment in the ‘buy to let’ market and with their experience alongside local knowledge they have delivered yields for their investor clients of up to 13%. Meanwhile the recent purchases of regional property businesses Pick my Pad and Student Haus confirm the acquisitive nature of Mistoria to deliver future growth for their rapidly growing business.
Following this impressive growth The Mistoria Group recently celebrated their 10 year anniversary at the Lowry Hotel in Manchester with staff and business partners alongside announcing long service awards for Rob Flint and April Calderbank who have worked for the group for 8 years. In addition the staff and management team also helped to raise £6,000 for the Clatterbridge Cancer Centre, Liverpool Hospital Oncology Team and Centrepoint.
Mish Liyanage, The Mistoria Group’s CEO commented;
‘From humble beginnings I am proud to have grown The Mistoria Group into a reputable and fast growing property business here in my home region – the North West. We are committed to servicing the needs of clients who demand the very best possible results in all aspects of property investment and management. With a young and hard working team supporting me we also look forward to supporting the growing needs of our landlords, students as well as residential tenants by delivering high quality accommodation over the next decade. As we celebrated our 10 year anniversary we were very pleased to support three important charities who undertake vital work across our region and which have been personal to me.”