Eddisons, headquartered in Leeds, has expanded its auctions division with the acquisition of Community Auctions.
The London agency, based in 2005, sells residential and business property nationwide via month-to-month on-line auctions. It would now be built-in into Eddisons’ current auctions operations, which embrace Pugh & Co, SDL Property Auctions and Mark Jenkinson.
The deal broadens Eddisons’ public sale protection within the south of England and brings 5 members of employees into the enterprise, together with administrators Toby Limbrick, Stuart Elliott and Man Charrison.
Andrew Parker, who heads the Eddisons property auctions division, mentioned: “We’re delighted to welcome the Community Auctions group to Eddisons.
“Over the previous yr, we’ve got marketed greater than 3,000 properties and plots of land via our auctions, producing over £330m for purchasers.
“Bringing Community Auctions into the enterprise, with their established presence in London and the south, permits us to offer even broader nationwide protection and ship higher alternative and worth to each consumers and sellers.”
Community Auctions associate Toby Limbrick commented: “Turning into a part of Eddisons marks an thrilling new chapter for us and offers us a stronger platform for development and the chance to ship much more for our purchasers.
“We’re trying ahead to bringing our experience and vitality to a bigger nationwide group and persevering with to progress the way in which property auctions are delivered.”
