A lettings agency that launched just two years ago has snapped up an independent firm in the same city in a deal reported to be worth £250,000.
Local media in Glasgow say Even Property in the city will double the number of managed properties on its books to 500 after buying the Capital Letters agency.
Five members of Capital Letters staff will move across to increase the Even Property workforce to 12.
This is not the first acquisition by Even Property - it snapped up a leasing division of Newton Property Management a few months ago, prompting the opening of a new office in Aberdeen.
Capital Letters was launched in 1996 and its sale has been prompted by the owner’s retirement.
A family-run property management and letting agency, launched at the start...
The head of a lettings company who kept tenants' deposits worth...
A letting agency says it is on course to manage 1,000...
The team behind Glasgow’s first major city centre Build to Rent...
The last property event I attended in person – and I...
We’ve all spent the past nine months adapting to a more...
The UK property market is always evolving but never as quickly...
The property market has performed strongly in recent months as the...
Targeting the specialist student rental market can be rewarding for letting...
Real estate as an industry has remained unchallenged throughout all of...
Uncertain market means additional revenue streams are more important than ever The...
Rent guarantees and upfront cash payments from local authorities are the...
A lettings agency in central London has been issued with a...
An investigation is underway into a lettings agency which has gone...
-400x310-min.jpeg)
Momentum is building to have the Tenant Fees Act amended, allowing...
An investigation is underway into a lettings agency which has gone...
/Labour-logo400x310.png)
Labour’s shadow housing secretary claims that private renters have been “barely...
Who are you and what does it say on...
As we emerge out of the pandemic there is...
Who are you and what does it say on...
Join the conversation
Be the first to comment (please use the comment box below)
Please login to comment