Lomond has acquired the lettings arm of Scottish law firm Aberdein Considine.
The latest deal will see it acquire 1,700 residential lets currently under management with Aberdein Considine across Aberdeen, Aberdeenshire and the central belt.
However, the estate agency, legal services, mortgage advice and wealth will remain fully independent.
The properties will now fall under Lomond’s Scotland brand, DJ Alexander, boosting its portfolio to more than 11,000 properties under management across Scotland.
This marks the company’s 63rd deal and follows the acquisition of Chase Evans.
Lomond Scotland chief executive officer David Alexander says: “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.”
