Estate agency group, My Property Box has further strengthened its presence in Tyneside, Wearside, and Northumberland, with the acquisitions of Acorn Properties Ltd and KIS Lettings.

Newcastle-based estate agent Acorn Properties is a significant player in the lettings market and advertises more than 800 properties, including houses of multiple occupation, a year. All 14 staff are to be retained, together with its office in Jesmond, which serves an area from Durham City to Northumberland.

The sale of Acorn Properties, which was owned by John and Margaret Henderson and Louise Greetham, operates from the area of Alnwick in the North, Durham to the South and Hexham to the West. Louise will remain to manage Acorn Properties. My Property Box, which operates throughout the North East and North Yorkshire, has also acquired KIS Lettings. Its 130-strong portfolio of properties across an area including South Shields, North Shields, Newcastle, and Sunderland, has been transferred to My Property Box’s sister company, Groves Residential, which is based in Jesmond.

KIS Lettings, which previously operated branches in Sunderland, North Shields and Welwyn Garden City, was founded by entrepreneur Ajay Jagota, who sold the business to launch a new venture offering a specialist tenancy compliance service. Its remaining office in South Shields has now closed.