Acquisitions north and south of the border

The Property Franchise Group (TPFG) has acquired Rent Flat Glasgow.

Rent Flat Glasgow, which comprises 60 managed properties in Scotland, will now become part of the Martin & Co Shawlands branch, complementing the Group’s existing portfolio.

The acquisition allows previous owners Mr and Mrs Boyle to begin their retirement.

Gareth Samples, CEO of The Property Franchise Group, said:

“A deal such as this is testament to the strength and resilience of the franchise model.

“I am proud of the ways in which our group assists its franchisees to source target businesses, negotiate a sale and to ensure that there is funding for completion.

“Sellers can therefore deal with us with total confidence, knowing that when we shake hands, their deal will go through with their landlords and staff looked after in the future.”

 

Lenwell Property Services, a six-office lettings specialist in the Beds, Bucks and Northants region, has acquired the lettings business of Michael Anthony in Aylesbury.

The acquisition sees Lenwell, a multi award winner of the Times and Sunday Times Lettings Agency of the Year Awards, expanding further into Buckinghamshire.

Lenwell will bring all Michael Anthony Aylesbury landlords and tenants into its portfolio and will retain the use of the Michael Anthony name in Aylesbury.

Robert Wellstead, Managing Director at Lenwell, said:

“Having worked with Michael back in 1987, I am delighted that ‘The Dream Team’ are back together!”

Michael Donnachie, Founder of Michael Anthony added:

“With their industry expertise, local knowledge, award winning innovation and unwavering commitment to raising agency standards we knew that Lenwell were exactly the right partner for us.”

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