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.
Samuel Estates Acquires Property Lodge Management
Samuel Estates has acquired Property Lodge Management, a Wimbledon-based lettings and property management firm. The acquisition expands Samuel Estates’ managed portfolio across South West London.
Property Lodge Management, founded by Clarissa Daulby, has operated in Wimbledon, Raynes Park, Putney, and Wandsworth. The firm has built a portfolio of managed properties and long-standing landlord clients in these areas.
With this acquisition, Property Lodge’s landlords and managed properties will transfer to Samuel Estates. According to the report, the move increases Samuel Estates’ presence in the local lettings market.
Nicholas Samuel, managing director of Samuel Estates, stated that the acquisition would strengthen the company’s lettings and property management business while maintaining continuity for Property Lodge’s clients.
Clarissa Daulby, founder of Property Lodge, expressed confidence that landlords would continue to receive the same level of service following the transfer.
The transaction was supported by estate agency and property management broker Think Acquisition.
Source: Property Industry Eye