Lomond acquires City Residential to boost Liverpool agency footprint
The Negotiator
Lomond Group has expanded its Liverpool operations by acquiring City Residential. The portfolio from the 25-year-old agency will now be managed by Lomond's Homesure division, enhancing their regional presence.
The PropAtlas take
This acquisition signals continued consolidation within the UK estate agency sector. Property professionals should monitor such deals for insights into market dominance and potential impacts on agency software and service provider choices.