Belfast Estate Agent Closes Two Shops

Commuters traveling to Belfast via Dundonald could be forgiven in thinking that MCW Residential Estate Agents are to make a come back in the Belfast Property market. In reality however the sign dates back to when Philip Johnston regained control of his Belfast based business and re-branded it from MCW Residential back to Philip Johnson & Co, which now acts as a trade name for Centres NI Ltd.

It would appear that the Belfast Property market and the effects of the recession are still causing businesses to take drastic steps, to date we have seen:

1. McCleary's Estate Agents close their Ballyhackamore Office, In East Belfast
2. Halifax Property Services Close their Ballyhackamore Office, In East Belfast
3. BTW Cairns close their Ballyhackamore Office, In East Belfast
4. Remax Close 10 Offices across Northern Ireland
5. Moving Estate Agents acquired and re-branded as Bennett & Lisk
6. Halifax Estate Agents sold off for just £1
7. Watson Estate Agents (Cregagh Road) re-branded Morton Pinpoint

.....and now we see Philip Johnston & Co close two of their offices, one at Dundonald and the other at Belmont, now directing all its business from its main office at Ballyhackamore.

Is this a case of ongoing turbulence in the Belfast Property market, under lying effects of a severe recession or is it one of Belfast's most savvy estate agents continuing to build and consolidate his business, following some turbulent times?

Keep your eyes feasted on our Belfast property pages as we are hoping that Philip Johnston will update us on these recent closures and provide his views on new entrants into the Belfast Property market atatouch.com.

Last Updated: 28th June 2010