After entering the London market for the first time just weeks ago with the acquisition of Chase Evans, Lomond has now secured its 63rd deal involving an asset purchase of the residential lettings book of Scottish law firm, Aberdein Considine.

The latest acquisition sees the firm strengthen its Scottish roots across Aberdeenshire and the Scottish central belt following the original business, Lomond Capital, being forged north of the border in 2010.

Some 1,700 residential lets currently under management with Aberdein Considine will now fall under Lomond’s Scotland brand, DJ Alexander, boosting its already impressive portfolio to a total to more than 11,000 properties under management across Scotland.

Perfect fit

Aberdein Considine will continue to deliver its comprehensive portfolio of services, including estate agency, legal and financial expertise, to clients across Scotland and the North of England.

Lomond’s Scotland CEO, David Alexander, commented: “Aberdein Considine is an incredibly well established and well respected company with years of experience within the Scottish property market.

“So whilst this latest acquisition is an asset based one, it was still important that the company in question share the same vision and pedigree as the Lomond brand, as these values will have naturally filtered through to the quality of their lettings portfolio.

“In this respect, it’s a perfect fit, and the properties under management that Lomond will acquire not only help to boost our presence within the Scottish market considerably, but also fit perfectly with our existing footprint in the country, as we continue to look for opportunities for further expansion.”