Lomond has announced its latest acquisition, strengthening its activities across Aberdeenshire and the Scottish central belt.
The purchase of the lettings arm of Aberdein Considine is the firm’s 63rd deal and follows the purchase of Chase Evans in recent weeks, taking Lomond into London for the first time.
The Aberdein Considine deal will see it acquire some 1,700 residential lets currently under management across Aberdeen, Aberdeenshire and the central belt. These properties will now fall under Lomond’s Scotland brand, DJ Alexander.
Aberdein Considine will continue to deliver sales estate agency, legal and financial services to clients across Scotland and the North of England.
Lomond’s Scotland chief executive David Alexander says: “Aberdein Considine is an incredibly well established and well respected company with years of experience within the Scottish property market.
“So whilst this latest acquisition is an asset based one, it was still important that the company in question share the same vision and pedigree as the Lomond brand, as these values will have naturally filtered through to the quality of their lettings portfolio.
“In this respect, it’s a perfect fit, and the properties under management that Lomond will acquire not only help to boost our presence within the Scottish market considerably, but also fit perfectly with our existing footprint in the country, as we continue to look for opportunities for further expansion.”