A residential sales and lettings agency located across three branches in Cardiff, the business also includes a short lets Airbnb-style company created in 2019, called ‘Hello Ted’.
The Hello Ted business, named after Nick James’ much loved dog, is run by two members of the senior management team of Moginie James, who will remain as employees for both businesses.
The existing premises in Cyncoed, Roath and Pontcanna will remain under the Moginie James brand, and LRG is delighted to be welcoming all 44 existing employees to the Group. Nick James will continue to work with LRG on a consultancy basis post-completion.
The acquisition strengthens LRG’s property and professional services in the region.
Matthew Light, Group Acquisitions Director at LRG, said, “Moginie James represents an excellent opportunity to enter the Cardiff market, extending the geographic footprint of the LRG network into South Wales. Cardiff provides a significant property base which more than justifies the three-branch location that the current business trades from.”