Braemore acquires local estate agency

Edinburgh-based estate agents Broughton Property Management has been snapped up by Braemore.

The deal, on undisclosed terms, sees Broughton’s team of six staff, and its portfolio of 290 rental properties, transfer to Braemore.

Andrew Seldon, chief executive at Braemore,  said: “This is a great opportunity for Braemore, allowing us to extend our footprint in Edinburgh.

“We inherit a prime portfolio of properties, ranging from modern city flats to leafy detached homes across all of Edinburgh’s most sought-after areas.

“As lockdown restrictions begin to ease, this acquisition is a timely signal of our continued confidence in Edinburgh and its all-year-round appeal as a place to live, work, study and holiday.”

Braemore, part of the Edinburgh-based Lomond group, is the sister agency of Stonehouse, which operates out of Aberdeen and the surrounding district.

 

Braemore continues expansion plans with acquisition

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