Key Sentence:
- As lifestyles, work and recreation continue to change, especially in a post-COVID world, real estate developers need to rethink.
- How they develop properties. Of course, there are billion-dollar companies like WeWork that have innovated in space.
However, there is also a new wave of young entrepreneurs thinking of creative ways to innovate. One such entrepreneur, who comes from a family with a history of real estate but is innovating in today’s environment to take the business to the next level, is Luke Bakehouse, CEO of the Backhouse Group.
Luke Bakehouse grew up in Liverpool in a relatively large family with a long legacy in real estate. His grandfather was a well-known businessman who turned his company from scratch into one of the most outstanding entrepreneurs in England.
Although life should be bright for Luke, tragedy struck when his father died. When he was only four years old and was later raised by his grandfather. The last son in his family led him to eventually join the family business and leave school at 13 without a GCSE to start his education.
Instead of taking an office job, his grandfather wanted him to learn the trade properly, so he worked as a manual laborer and learned the business from scratch. After advancing in 2016, his grandfather began retiring from the industry. Luke was catapulted to the top of the company in his mid-20s, where he should have started the business.
Luke Bakehouse Leading a family business
By the time Luca took on more responsibilities. The company had grown to become one of the largest commercial rental companies in the UK. Further expanding the business development.
This subsidiary company, now called the Backhouse Group, is a full-fledged development and construction company based in Liverpool. His implementation skills cover a complete 360-degree approach from priming to managing real estate in commercial, residential. And industrial properties, which now exceed 10 million square feet.
In addition, it is important to Luke and his group that while commercial success is essential. Every project they develop is a foundation for the community. Where they are making a long-term commitment and are proud to move into the future with an exemplary housing project of 700 apartments to invest in a bed in Widnes.