Impartial property company Tailormade Strikes has expanded its portfolio by 200 properties following the acquisition of Scottish Highland Property Companies (SHP) in Inverness.
The deal follows the retirement of SHP’s proprietor, Ewen Smith, who steps down after practically 4 many years within the property trade. Based mostly at The Greenhouse in Inverness, Tailormade Strikes has additionally welcomed three members of the SHP crew as a part of the transition.
The acquisition marks a big progress step for Tailormade Strikes within the Highland lettings and property administration sector, because it virtually doubles its letting providing throughout Inverness and Ross-shire.
Smith stated: “After practically 40 years within the property trade – 33 of these since founding Scottish Highland Property Companies – I’ve lastly been persuaded to retire.
“Like SHP, Tailormade Strikes are a domestically owned, unbiased agency, not a franchise or a part of a nationwide group, and I selected them particularly for his or her shared values, dedication to customer support and robust native connections.
“I needed to make sure that my employees had a enterprise to go to and that every one my purchasers acquired the good identical service.”
Karine MacRae-Simpson, director of Tailormade Strikes, added: “It’s taken us 12 years to recover from 200 managed properties and we had been taking a look at an acquisition for some time.
“This has allowed us to double our portfolio. The enterprise will stay the identical for tenants and all of the landlords.
“SHP’s values aligned with ours by way of customer support and we’re delighted to welcome Liz, Lorraine and John into the crew at Tailormade Strikes.
“We’re trying ahead to this subsequent chapter and want Ewen a contented retirement.”