MOVERS & SHAKERS
ACQUISITIONS
OPENINGS
LAUNCHES
MERGERS
W A ELLIS WIN SOUTH KENSINGTON ESTATE’S CONTRACT
W A Ellis has been appointed as sole agent to market South Kensington Estate’s (SKE) market let portfolio of 100 residential units with an ERV in excess of £4 million. Selected against ten big agency names in the area, W A Ellis was chosen for its knowledge of the local area and its market, clear determination and desire to work with SKE, its dynamic approach to marketing, and its highly competent and focused team. Senior Partner at W A Ellis, Lucy
MOVE WITH US TEAMS UP WITH FORCES PROPERTY DIRECT
Move with Us, the rental management service provider, has teamed up with Forces Property Direct, which provides assistance to overseas military personnel wanting to purchase property in the UK. Military personnel often
want to let their UK properties while on postings and to invest for the future. Forces Property Direct assists military staff in purchasing residential property in the UK and helps them to find mortgages. Move with Us will work alongside the organisation to ensure that the properties bought by their clients for the buy to let market are managed and marketed in the most effective way to generate the best returns. David Perrin, Property Management Operations Director at Move with Us, said, “We successfully manage the rental of over 1500 properties. Our experience means that we understand exactly what it takes to manage a property effectively and how to achieve the best possible returns for the property owner. Military personnel can be safe in the knowledge that their investment is in good hands.” Steven Matthews, MD at
Forces Property Direct, added: “Forces Property Direct has been assisting military personnel with residential property purchases fo 14 years. Our partnership with Move with Us will enable our clients to have a property base in the UK and earn rental income with piece of mind that their investment is being managed and marketed by a company with years of experience.”
66 APRIL 2012 PROPERTYdrum
Morton, says: “We are delighted to continue our strong relationship with SKE and bring our experience and enthusiasm to the portfolio.” South Kensington Estates manages and develops a unique portfolio of properties for one of London’s oldest estates. By investing in residential properties, specialist shops and restaurants, the company continues to develop Brompton as a retail destination, and an area of London celebrated for its importance in architecture, culture and history.
TOWNENDS OPEN IN WEST WOKING
Townends has opened a West Woking office located in Goldsworth Park, which will offer both a sales and lettings service.
Opened on the 1st March, the new office will complement the existing and highly successful Woking town centre office. Séamus Kavanagh,
(pictured) Group Chief Executive, comments: “We are very excited to be expanding the Townends brand, and to announce the opening of our West Woking office. We have
Bruce Ritchie & James Caan have announced the joint opening of their smart new headquarters at 59 and 60 Grosvenor Street, Mayfair. Ritchie’s real estate
firm - Residential Land – and Caan’s investment firm – Hamilton Bradshaw – will share headquarters in the
landmark Georgian buildings which were originally constructed in 1725.
successfully operated in the surrounding areas for many years so this was the next
logical step for the Group’s development. This new office is the first planned for 2012, a particularly special year for the company as it is our 21st anniversary year. We look forward to other sites opening their doors throughout the coming months.”
RESIDENTIAL LAND AND HAMILTON BRADSHAW HAVE NEW HQ
The impressive refurbishment has included the retention of an original Georgian staircase and the creation of a splendid heated, open air atrium between the two headquarters which will be ideally placed for power meetings with private investors and clients. Caan and Ritchie will
be joining long established firms on Grosvenor Street, including The Grosvenor Estate, Lloyds Private
Bank, property investment firm Hammerson, Cap Co, Quintain Estates, global fashion retailer Estee Lauder, yacht builders Princess and Sunseeker amongst others.
Bruce Ritchie’s Residential Land is a specialist residential landlord with over £1 billion of property in prime central London. James Caan, entrepreneur,
investor and former panelist ‘dragon’ of Dragons’ Den, will run up to 30 of his companies from the new HQ building.
www.residentialland.com
BELVOIR LETTINGS PLC COMPLETES AIM FLOTATION Belvoir Lettings, one of the UK’s largest letting franchises, successfully listed on the AIM market of the London Stock Exchange at 8am on 21st February, 2012. Belvoir MD Dorian Gonsalves said, “This marks an important milestone in the evolution of our national brand. We are now in a position to focus on our future growth as a public company. Our previous holding company, Kilima Holdings, has now been liquidated, and replaced with Belvoir Lettings PLC. “Primarily the funds raised from the placing will enable us to fund acquisitions and execute our ambitious expansion plans. We will also be in a position to help franchise owners acquire competitors within their territory. “We will be pro-actively
targeting key competitors, and assisting with an operations strategy. More importantly, the flotation will enable us to provide assistance with funding for the right opportunity, although this will depend on individual circumstances.”
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