Fast-growing property group acquires estate agency

L-R: Paul McArd, Helen Ainsworth, Brendan Beeken

Partners Real Estate group on the Isle of Man has merged with Harmony Homes.

The acquisition comes weeks after Douglas-based Partners Real Estate announced it had bought island firms Property Wise and Plum Properties

And just last week, the group announced it had merged with UK-based estate agent O’Connell Property Agents.

A spokesperson for Harmony Homes said there would be no immediate changes at the company following the merger, although there are future plans to ‘invest in and expand the business’.

The latest merger deal includes the Port Erin and Douglas offices of Harmony Homes, which became separate businesses in 2018.

Port Erin managing director, Helen Ainsworth, who founded Harmony Homes almost two decades ago, will become an advisor to the Partners board.

Brendan Beeken, co-founder and chairman of Partners, said: “On behalf of Partners Real Estate, I’m delighted we have concluded this deal to have both Harmony Homes businesses merge with us. A firmly established name within the Island property market, the team has an outstanding reputation for service and a commitment to delivering for buyers, sellers, landlords and tenants.

“I’m particularly pleased that Helen has agreed to join Partners as advisor to the board and as a member of the board locally, sharing her wealth of experience and renowned expertise in the Island property market. Since establishing Harmony Homes almost 20 years ago, Helen has built one of most well-known and highly respected real estate businesses in the Island.

“We look forward to her invaluable insights and advice as Harmony Homes begins a new chapter and we continue to develop the Partners group here and beyond the island.’

In 2018, Paul McArd took over the Douglas office and today his team provides residential and commercial sales and letting services in Douglas, Peel, Ramsey and the surrounding areas.

McArd said: “We have worked hard to make the Harmony Homes office in Douglas one of the predominant estate agents in the Isle of Man.

“As part of the Partners Real Estate group, we now have access to the knowledge, experience and resources to offer further enhanced services to clients new and old.”

Ainsworth added: “Partners Real Estate shares our values of delivering first-class services to all our clients, ensuring the process of buying, selling and renting a property is streamlined and as straightforward as possible.

“While it remains ‘business as usual’ for now, this is the beginning of an exciting new era for Harmony Homes. As part of the Partners Real Estate group, we will be able to further enhance our services across the Island. I’m delighted I will have a role in helping to shape that future.”

 

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