Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.
O’Riordan Bond Acquires Albion Knights Lettings in Northampton
O’Riordan Bond has acquired Albion Knights Lettings, a Northampton-based lettings agency with over 20 years of trading history. The deal adds more than 200 managed and let properties to O’Riordan Bond’s portfolio, which now totals around 1,500 properties.
Albion Knights, founded by Sally Knights, has specialised in residential lettings and property management for landlords from its office in Wootton Village. The acquisition brings Albion Knights’ managed properties across Northampton and surrounding villages under the O’Riordan Bond brand.
This move follows O’Riordan Bond’s purchase of Mike Neville Estate Agents in Rushden last year. The company has also secured the lease on a sixteenth office in Moulton, Northampton, and has stated plans to continue expanding after recent growth.
For letting agents and inventory clerks, the acquisition signals further consolidation in the Northampton lettings market and an increase in the scale of O’Riordan Bond’s property management operations. The business has indicated it is actively seeking further lettings acquisitions.
Source: Property Industry Eye