Ambitious Birmingham estate agency buys first property rival

Birmingham property agency Davidson Estates has ambitious plans for 2024 and has made its first acquisition since launching in England’s second City 12 years ago.

The city centre and Edgbaston-based estate and letting agency was founded by Ben Davidson in January 2009 and has now completed the first of what is intended to be a number of acquisitions this year after snapping up Jewellery Quarter letting and management agents Arkade Property.

UNDISCLOSED SUM

The acquisition, for an undisclosed sum, is believed to be the first in a number planned over the coming months.

The move sees a total of eight staff join Davidson Estates permanently, including two directors as consultants, bringing total staff now to 15 in the firm’s Edgbaston head office and Colmore Row city centre branch.

Arkade was established by former property solicitor Andrew Kay and Beatriz Rose in 2001 and now includes directors Sybilla Rose, James Clapham and Carol McEntee.

Davidson (main picture, left) says: “We have been discussing our mutual goals with the directors of Arkade Property – and others – for some time and I am very pleased that we have been able to complete a deal to bring Arkade into the Davidson group.”

TOP 3%

Davidson Estates is consistently ranked, year on year, in the top 3% of all estate and letting agencies in the UK

Jabad Jaigirdar at JLF Law acted for Davidson Estates and Arkade Property was advised in-house.

As well as residential sales and lettings Davidson Estates also specialises in property management; PRS Management (Build-to-Rent); new build (presale) sales; land/site finding; development consultation; furniture;maintenance and refurbishments.

The Neg revealed two years ago how the Birmingham estate and letting agency was on track to more than double in size within a year.

Main picture: (left to right) Ben Davidson, Managing Director, Davidson Estates; Carol McEntee and Andrew Kay of Arkade Property.