Newton mulls move into the Dubai market place

GLASGOW-based residential letting and factoring business Newton Property, which is majority-owned by sector veteran Stephen O'Neill, is eyeing a move into the Dubai market place.

It also plans a sizeable acquisition of a factoring business in west central Scotland in the next year, as it pursues an ambitious expansion strategy.

Mr O'Neill believes these growth plans will boost Newton's annual turnover to more than £4 million over the next three years. Newton's turnover topped £1.5m in the 12 months to February 2012.

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