The London and South East property group Stirling Ackroyd - which recently rebranded from its former title, Nick Dunning Associates - says lettings agency acquisitions will be at the heart of expansion plans.
In addition to standardising business processes and programmes across its agencies and aligning all elements to the Stirling Ackroyd Group brand, the company has made two key appointments skilled in acquiring and managing lettings operations.
Bruce Evans has become managing director of Stirling Ackroyd Group Operations and Julian Dunbar is managing director of lettings operations. Both held senior positions in the property industry for more than 20 years, most recently as chief executive and chief operating officers of Lomond Capital respectively.
A statement from the company says: “Their expertise in acquiring and managing lettings operations, alongside their ability to consolidate and grow businesses, are attributes that the Stirling Ackroyd Group will use to underpin its expansion over the coming 12 months and beyond.“
The company has already stated that it aims to increase the revenue of each of its estate and letting agency branches above the current average of £1m per annum, as well as increasing market share and acquiring at least four property businesses in 2022.
Nick Dunning, chief executive of Stirling Ackroyd Group, says: “We are keen to accelerate our growth over the coming year both organically and through acquisition.
“The expertise and knowledge that Bruce and Julian possess in terms of operating a multi-brand business built up through acquisition will very much help us to deliver our ambitious plans. They have been the driving force behind the standardisation of our business processes to facilitate alignment of the whole group under the Stirling Ackroyd brand.”