MOVERS & SHAKERS
ACQUISITIONS
OPENINGS
LAUNCHES Who grows there?
‘If you can keep your head when all about you are losing theirs...’ There is still courage and growth in the property world.
Dsr moves to West enD
Property specialist, Deverell Smith Recruitment has moved from its offices on Great Portland Street to Centre Point, Tottenham Court Road. The new office will accommodate the company’s expanding business and support its own recruitment drive with 4,500 sq ft of space, close to the City and the West End. MD Andrew Deverell-Smith
says, “Year on year for the past three years we have doubled turnover which demonstrates our rapid growth and strength in a challenging market. In the last three months we trebled the amount of candidates we were registering per day and could not accommodate any more meetings, so we sought to find a new office that could support our growth. “The proximity to the West End and the City ensures staff; clients and candidates can reach us conveniently. The move also allows us to drive forward our recruitment plan and accommodate more staff as we expand and continue to position ourselves as the UK’s go-to property recruitment specialists.”
eDWarD D’arc Joins John D WooD & co.
John D Wood & Co. has acquired the Chiswick estate agency, Edward D’Arc, bringing the total network of John D Wood & Co.’s offices to 22, 15 of which are in Central London. The office will continue to be managed by Derek Fletcher, who joins John D Wood & Co. as an Associate Director, supported by his existing team. In the interim the office will continue to trade as Edward D’Arc in order to provide continuity of service to existing clients whilst the branch is assimilated into the wider John D Wood & Co.
Daughter takes over spencers
Spencers Agents in Sheffield has been taken over by Spencer Property Ltd, formed by Directors Nicola Spencer and Lee Bullen. Nicola Spencer is the daughter
of the former Directors, Anne and Jim Spencer, who will phase in a retirement plan. Jim will stay at as a consultant and Anne will stay until the New Year.
Spencers Agents Ltd are sales agents and specialists in land and and new homes but do not deal with lettings – the portfolio was sold to Countrywide in April 2011. Nicola Spencer was Senior
Valuer and Office Manager for twelve years at Spencers Surveyors and left three years ago for Edinburgh, where she worked at Grant Management and at Dickins, while being the Secretary for the NAEA Scotland branch. Nicola says “Running the family business always felt like my destiny, but the
eDDisonWhite opens in WimbleDon White look forward to business in Wimbledon. Richard Eddison, Director says, “We’re very proud to be part of the local community, focusing our attention in SW London means we can offer our clients the best advice. We believe our passion makes a difference for people already here and those wishing to move to the area.”
Eddisonwhite has opened a new flagship office in Wimbledon. Building on their successful
business based in Colliers Wood, this venture is the start of a plan to develop an eddisonwhite franchise. With nearly 40 years combined experience and first-hand knowledge of the local area, owners Richard Eddison and Daniel
opportunity to relocate to Edinburgh with Lee was right and has been incredibly valuable to learn more about other company policies, strategies, processes, and technologies. Serendipity has played it’s part, as I believed I had missed the boat when the deal was done with Countrywide for the Property Management side.” Lee Bullen, who left his position
as Assistant Manager of Falkirk Football Club, said, “There are many aspects to management of people that are transferable. We are stepping into an established company with values of integrity, professionalism, and tradition. Jim has an enormously respected position within the industry through his work with the RICS, the NAEA and as a spokesperson for the property market within the city; I am looking forward to learning as much as possible from him.”
network; with the rebrand scheduled for the new year. Peter Young, MD of John
D Wood & Co. says, “We have invested heavily in our network over the last 12 months and continue to do so. Chiswick has been an area of focus as we looked to strengthen our West London presence and as a strategic link between our Kensington, Holland Park and Richmond offices. “The attraction of Edward
D’Arc was its great location, excellent local profile and commendable team. I am excited at the opportunities that lie ahead as we use the expertise of both businesses to provide clients with the highest levels of service for which we are both renowned across Chiswick, Ravenscourt Park and into Hammersmith.”
PROPERTYdrum DECEMBER 2011 61
MERGERS
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