North-east law firm Aberdein Considine has sold it's lettings book to Lomond for an undisclosed sum.
The deal brings some 1,700 residential lets currently under management with Aberdein Considine across Aberdeen, Aberdeenshire and the central belt into Lomond.
The properties in question will now fall under Lomond’s Scotland brand, DJ Alexander, boosting its portfolio to a total to more than 11,000 properties under management across Scotland.
A number of staff have also moved to Lomond / DJ Alexander, including Aberdein Considine's highly-respected leasing director Adrian Sangster.
Lomond’s Scotland CEO, David Alexander, said: “Aberdein Considine is an incredibly well-established and well-respected company with years of experience within the Scottish property market.
So whilst this latest acquisition is an asset based one, it was still important that the company in question share the same vision and pedigree as the Lomond brand, as these values will have naturally filtered through to the quality of their lettings portfolio.
"In this respect, it’s a perfect fit, and the properties under management that Lomond will acquire not only help to boost our presence within the Scottish market considerably, but also fit perfectly with our existing footprint in the country.”
Aberdein Considine will continue to deliver its comprehensive portfolio of other services, including estate agency, legal support, and financial advice, to clients across Scotland and the North of England.