Braemore adds Click-Let to portfolio
It is Braemore’s tenth acquisition since 2010 and will add 400 properties to its lettings portfolio across the east of Scotland.
Click-Let’s staff will join the 75-strong team at Braemore, owned by Lomond Capital Property Group, currently manages 2,800 properties in Edinburgh and the surrounding regions.
Braemore chief executive Ian Lawson said he saw an opportunity to expand the business because of the changing demographics in the market.
“We saw the acquisition of Click-Let as an opportunity to invest in this trend and incorporate into our existing portfolio,” he said.
Stewart Pitt, director of Click-Let, said: “For the past 14 years we have enjoyed being part of the growing Edinburgh property market, developing a strong team and brand. The chance to work with Braemore came at the right time.”
Lomond’s acquisitions in recent years include James Gibb Lettings, Alba, Steyn Lettings and Charles White.