High-profile property management firm DJ Alexander is set for expansion following a £7m investment from Santander.
The capital funding package will be used to launch Apropos, which the firm calls “a fully integrated online property management portal” which will extend the reach of its regional residential property letting business nationwide.
Apropos claims it will be the first full-service UK-wide online tenant and landlord management system of scale on launch, starting in the New Year.
The development of the online platform has taken three years to complete and has been fully funded from existing profit; the new funding package enables Apropos to be rolled out over the next three years across the UK.
DJ Alexander is the largest independent property letting agency in Scotland with over 4,000 units under management, principally across Edinburgh and Glasgow. DJA also provides a full estate agency, property investment, maintenance and conveyancing services.