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Property succession in the UK
34.0% of 401,508 trading property companies have a director aged 60 or over (UK average 30.5%).
401,508trading companies measured
34.0%have a director aged 60 or over
14.2%have a director aged 70 or over
45.1%are owner-run (one person or family holds 50%+)
48.7%have a single director
By region
| Region | Companies | Director 60+ | Director 70+ | Owner-run | Single director | Median age (yrs) |
|---|---|---|---|---|---|---|
| East Midlands | 20,920 | 32.3% | 12.8% | 42.5% | 44.6% | 7 |
| East of England | 33,828 | 36.0% | 15.4% | 43.5% | 44.9% | 7 |
| London | 131,760 | 30.7% | 12.5% | 48.7% | 55.2% | 6 |
| North East | 9,966 | 32.2% | 13.7% | 45.0% | 46.6% | 6 |
| North West | 42,104 | 31.0% | 11.9% | 46.2% | 50.0% | 7 |
| Northern Ireland | 5,838 | 44.1% | 19.8% | 37.0% | 42.1% | 10 |
| Scotland | 19,140 | 34.7% | 14.2% | 46.7% | 47.1% | 7 |
| South East | 44,406 | 41.0% | 18.0% | 41.4% | 43.0% | 8 |
| South West | 26,390 | 43.6% | 19.9% | 38.6% | 39.6% | 8 |
| Wales | 9,965 | 35.8% | 15.6% | 42.4% | 44.7% | 7 |
| West Midlands | 31,581 | 31.7% | 12.6% | 44.6% | 47.9% | 6 |
| Yorkshire | 25,610 | 33.1% | 13.5% | 44.0% | 46.4% | 7 |
Regions with fewer than 100 companies are left out. See also Property acquisition targets.
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