Newton Property Management has continued to accelerate its growth through the acquisition of Aberdeen-based Atholls.
At the end of July, Atholls transferred all common management responsibilities for 2,600 factored properties following a review of services.
Atholls Chartered Surveyors and Property Managers, previously traded as Atholl Associates LLP was founded in 2005 by Alastair Walker, Gordon Fettes and Graeme Thom. Newton Property Management has acquired the Property Management division of the company.
The deal sees Newton, which is a member firm of the Property Managers’ Association Scotland, continue to expand its presence in Aberdeen, now managing factoring for over 11,000 properties in the North of Scotland.
Newton Property Management CEO Vincent Goldie said: “Everyone at Newton Property Management wishes the very best for Alastair in the future. Atholls has a historic property management legacy having served the community for nearly 20 years.
“Newton was very keen to acquire Atholls Property Management portfolio as, under Alastair’s careful guidance, Atholls had built a stock of very high quality homes under management. Throughout this acquisition, we have ensured procedures and processes are aligned so customers receive a consistently high standard and continuity of service.”