Fast-growing lettings and estate agency, Lomond Group, has become the largest lettings and estate agent in Scotland after acquiring DJ Alexander.
The move, which was supported by Lomond Group’s private equity partner LDC, brings the company’s portfolio of managed properties to 9,500 in Scotland, and significantly strengthens its presence in the Scottish central belt. It is the Group’s 24th acquisition in 2021 and means it now manages more than 30,000 properties throughout the UK.
DJ Alexander will continue to trade under its existing name, with founder David Alexander leading the Lomond business in Scotland as CEO. Andrew Seldon will become CEO (North and West Scotland) responsible for the group businesses in Glasgow and Aberdeen, reporting to David Alexander.
