Aberdeen letting specialists, Parkhill Property Leasing, has announced a major acquisition signalling a new chapter in its presence in the North-east.
Parkhill Property Leasing has bought full-service law firm Ledingham Chalmers’ residential rentals business in a six-figure deal that sees Parkhill Properties double its existing client base as well as the creation of three new jobs.
Parkhill Properties, which currently has 10 employees, will also acquire two lettings’ staff members from Ledingham Chalmers who will make the transfer over to the Parkhill office in the city’s Rosemount Place.
Parkhill Properties, Leasing Director, Chloe Baxter, who will oversee a smooth transition for both landlords and tenants, commented, “The acquisition of Ledingham Chalmers’ residential rentals business forms part of our long-term growth strategy as we continue to focus on building a larger client base throughout the North-East region”.
“We have built a strong client base while maintaining an excellent reputation for quality service, treating every property in our portfolio as if it were our own.
“This deal will allow us to continue to strengthen and develop our service with a view to further growth in future.
“We hope this investment will position Parkhill Properties as one of the leading, locally owned, independent leasing agencies in Aberdeen.”
Jennifer Young, Managing Partner, Ledingham Chalmers, said: “We carefully considered the decision to transfer this long-standing part of our residential property offering.
“We’ve known Parkhill Properties for several years and are confident our former landlord clients and their tenants are in safe hands.
“Meanwhile we’ll continue to focus on sustainable growth for our firm, including our estate agency practice, which is one of Aberdeen’s largest in terms of number and value of properties sold.”
Parkhill Property Leasing, which forms part of Parkhill Properties, has been managing rental properties in Aberdeen since 2005.
For more, visit www.parkhillproperties.co.uk