Estate agency delivers on ‘growth strategy’ by acquiring rival firm

Laura Northover (centre) with her team

Daniel Matthew Estate Agents has expanded after completing the acquisition of Park Estates and Lettings in Barry.

Established by directors Hashim and Sonia Bostany in 2017, Park Estates and Lettings has a rental portfolio of 200 properties and handles around 160 residential sales a year

Based at 14 High Street in Barry, Park Estates and Lettings will become part of the Daniel Matthew Group, which was established by MD Laura Northover in 2015. The Barry team will now relocate to the office.

Hashim Bostany said: “We are a small friendly business and our ambition has always been to bring family values of honesty, support and trust to what we do.

“We value the great relationships we have built with our clients over the years and the reputation we have gained for great customer service. We know that Laura and her team share the same ethos so feel confident that our clients will be in safe hands.”

Northover added: “From day one, we’ve set out to build an estate agency business that thrives on local knowledge and great service. We’re passionate about property and work hard to get the best deal for our clients.

“Although the market has been challenging over recent months, it is now stabilising and we’ve continued to invest and grow with the recruitment of new staff and an expanding client portfolio.

“The acquisition of Park Estates and Lettings further strengthens our presence in Barry and the surrounding area as we deliver on our growth strategy throughout South Wales.”

 

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