DJ Alexander acquires Eve Brown and Garden Stirling Burnett
DJ Alexander is delighted to announce the acquisitions of Garden Stirling Burnet and Eve Brown Property Services, as we further strengthen our presence across the central belt of Scotland.
Part of Lomond, the UK’s leading network of sales and lettings agents which has made nearly 50 acquisitions since 2021, these latest acquisitions show our combined commitment to continued expansion in the Scottish market.
Both lettings businesses, in North Berthwick and St. Andrews respectively, will become part of our DJ Alexander brand, and mark an increase of three new offices for the company in Scotland over the last month. This follows our recent new opening in Peterhead.
Lomond is undertaking a rapid programme of expansion across the UK using its decades of property industry experience and state-of-the-art training for staff to produce outstanding results while delivering excellent customer service. Lomond now brings together a team of 1,100 people across a network of 12 leading brands from Aberdeen to Brighton, with over 40,000 properties under management across the UK.
David Alexander, chief executive of DJ Alexander Ltd, commented: “The acquisition of these two businesses consolidates our presence in St Andrews and opens up new opportunities in East Lothian. These areas have experienced enormous price growth over the last three years, with both recently reaching their highest ever monthly average sales price, and we anticipate this continuing.
“Scotland has proved to be particularly vibrant and dynamic, with the lettings and sales markets proving to be extremely buoyant and resilient in the last three years and I anticipate further growth in the future.”
Ed Phillips, Group Chief Executive of Lomond, explains: “These two acquisitions highlight our commitment to the Scottish market and our desire to continue our programme of expansion across the UK, creating a progressive group of national lettings and sales agencies.
“Scotland is an important part of our business, and we are determined to further build on our base in the coming months and years. We are always open to more opportunities among businesses wishing to sell in Scotland and elsewhere.”
Ed concluded: “This expansion of our footprint in Scotland will continue as we develop our innovative, modern lettings and sales business, providing a seamless service for our clients across all parts of the country. The DJ Alexander brand is a well-respected and renowned brand across Scotland and growing this part of our business is an important element in the growth of Lomond.”
DJ Alexander Ltd manages over 10,000 letting properties across Scotland and has a thriving sales market, having recorded its most successful month in May of this year with sales in excess of £15m.