The latest acquisition by the fast-growing Lomond Group adds further to its burgeoning rental portfolio.

Lomond’s multiple brands now have some 75,000 properties under management, over 200 branches across the UK and in excess of 2,500 employees.

The latest addition to the fold is the Clyde Property Group, which includes Burgh Property and Cathedral Estates. 

Co-founded in 1987 by Gary Thomson, who remains actively involved and continues to lead the business, Clyde is described by Lomond as “an innovative, owner led sales and lettings agency, that has redefined the property industry for nearly four decades.”  

Clyde claims to have been one of the pioneers in Scotland of weekend opening, detailed listings with floor plans, and professional photography, when these had not yet become the norm. 

Lomond says the acquisition marks a significant milestone in its growth strategy.

It falls in alongside its major Scottish brand, DJ Alexander. 

Going forward, Clyde Property will oversee operations in the West of Scotland, while DJ Alexander will manage operations across the remainder of the portfolio. 

Gary Thomson says: “Clyde was founded on principles that remain at the heart of our business 39 years later – trust, a forward thinking mindset, and putting people first. 

“When considering a partner for the next stage of Clyde’s journey, alignment in values was paramount, and Lomond was the standout choice. 

“This partnership will enable us to thrive, while preserving what makes us Clyde.” 

Meanwhile David Alexander, chief revenue officer at Lomond, adds: “Clyde’s passion for pioneering service and building knowledgeable local teams perfectly aligns with Lomond’s core values. 

“I’ve long admired Clyde, and this partnership offers an exciting opportunity to expand our presence across Scotland. 

“I’m delighted to welcome Clyde’s talented team and valued clients and I am excited to work alongside Gary.”