Lomond continues aggressive growth strategy with acquisition of East Midlands estate agent

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Lomond has further expanded within the East Midlands region, with its 58th acquisition of Acquire Sales and Lettings, an agent with a presence in Derby, Burton and Chesterfield.

The East Midlands property market has performed strongly in recent years, with house prices climbing by 15.1% in the last three years, outperforming the UK benchmark in the process, while rental values have also climbed by 20%.

Such is the strength of the region’s property market that it has become a key area of focus for Lomond, as the firm continues to execute an aggressive growth strategy that has already seen four acquisitions complete within the East Midlands region.

Lomond previously acquired the Nottingham and Derby lettings book of Royston and Lund, swiftly followed by the significant rental portfolio of Centrick and Nottingham based agent Tassi Sales and Lettings.

Its latest acquisition of Acquire Sales and Lettings brings further investment to the East Midlands region and will add some 700 properties under management to Lomond’s John Shepherd brand.

The already established business will now operate under the John Shepherd brand, guided by Chief Exec Richard Crathorne.

However, Crathorne has been quick to pile praise on his senior team – Operations and Property Management Director Chris Blick,

 link source - East Midlands Business Link - Property https://www.eastmidlandsbusinesslink.co.uk/mag/wp-content/uploads/2024/07/Screenshot-2024-07-09-113548.png

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