Lomond Group acquires Aberdein Considine’s lettings arm
Lomond Group has expanded its Scottish portfolio with the acquisition of Aberdein Considine’s residential lettings business.
The deal adds 1,700 properties, from across Aberdeen, Aberdeenshire and the central belt, to Lomond’s Scotland brand, DJ Alexander, bringing its total managed properties to over 11,000.
David Alexander, CEO of Lomond Scotland, said: “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.”