The Leaders Romans Group has revealed its acquisition of yet another independent agency - Property Concept.
Based in Clifton, Bristol, Property Concept is a single branch residential letting and sales agency, previously owned by Tracy Robertson and Chris Hurd.
The business comprises 225 managed tenancies together with a further 92 let-only tenancies, with the majority of the portfolio sitting in and around Clifton and central Bristol.
The eight Property Concept employees have switched to Romans and will be working with Tracy Robertson on a consultancy basis.
The existing Property Concept office in Clifton will be re-branded to ‘Romans incorporating Property Concept’ before eventually trading solely as Romans once the brand is established.
This latest acquisition, LRG’s eighth of 2018, will see Romans continue to expand their brand into the South West, following their two acquisitions and office opening in Bath late last year.
Matthew Light, group acquisitions director at LRG, comments: “Property Concept represents an excellent opportunity to spread the geographic coverage of the Romans network of offices, adding Bristol to the two successful acquisitions in Bath we have made in the last 12 months.”
The Leaders Romans Group has now completed on over 150 successful acquisitions and describes itself as “the UK property industry’s leading acquirer.”