A new agency has been born following a management buyout at JLL in the NE and NW of England called ‘Kingsdene’ offering new homes sales, residential lettings and management.

Louise Emmott, JLL’s former head of residential agency and development, announced the buyout (main picture, centre).

Emmott, who has worked at JLL for 20 years, is joined by co directors Oliver Dolan (left, main picture) and Lynsey Smith (right, main picture), and 24 employees across three offices.

The JLL offices in Manchester, Leeds and Liverpool are now operating under the Kingsdene banner.

Kingsdene will remain close to JLL, working as joint venture partners and sharing resources.

Exciting offer

Emmott says: “When the opportunity presented itself for Oliver, Lynsey and I to take over JLL’s residential operations in the North, we jumped at the chance.

“Kingsdene will offer unrivalled local expertise in city centre sales, lettings and property management, and this coupled with our unique relationship with JLL’s UK and global capital markets team means we have an exciting offer to help our ambitious property developer clients access to international funding and investment.

We are thrilled to be in a position where we can take the business forward.”

“We are thrilled to be in a position where we can take the business forward in what is undoubtedly a significant period for residential development with both the rental and new homes markets performing exceptionally well.”

Kingsdene will continue to work with new homes clients which include Muse, Clarion, Grainger and Urban and Civic. While the consumer facing side of the business will take over the estate agency on Deansgate at the Great Northern Warehouse.

Stephen Hogg, managing director of JLL’s Manchester office, says: “The focus is ensuring our client base receives the best service, and this new hybrid model of global and local advisers gives us best in class advice.”