The lettings book of My London Home will be absorbed into the Stirling Ackroyd portfolio and rebranded this autumn.
Consisting of nearly 1,000 managed properties, the portfolio spans from Fulham, the Royal Borough through Westminster, Nine Elms, Southbank, Tower Bridge and into Docklands.
The rebranding process is currently underway and will take full effect between the end of October and early November; earlier this year the lettings book was acquired by Stirling Ackroyd - which in turn, 15 months ago, had been snapped up by Nick Dunning Associates, a firm led by senior ex-Countrywide staff.
“Stirling Ackroyd has a strong presence in Central and East London and is an established high street brand. Since our acquisition of the business in July 2017, the new management team has put in place robust plans to grow the lettings and commercial divisions, and the absorption and rebranding of the My London Home portfolio plays a key role in this” says managing director Nick Dunning.
He says the business is well on the way to tripling its size over the next couple of years.
Since July last year it has completed a £500,000 branch refurbishment programme, opened a new office in Dalston, relaunched Stirling Ackroyd New Homes and made its first sizable acquisition, My London Home.
This was followed by the purchase of Lourdes in Westferry, creating a physical footprint in the Canary Wharf and Docklands area.
“Various other opportunities are being reviewed with some nearing completion” says a statement from the company.
As part of its expansion plans, Stirling Ackroyd is also looking at the Nine Elms area of London for new office premises and further opportunities for acquisitions.
In the meantime, Tim Van der Schyff has been appointed as managing director of group lettings at Nick Dunning Associates.
He joins from Countrywide and is responsible for overseeing the lettings portfolio of all brands under the company’s umbrella, including Townends Estate Agents and Stirling Ackroyd networks.