Linley & Simpson has acquired the residential lettings and sales business of Morgans, expanding its portfolio to over 8,000 properties in Yorkshire.
Information on the Target
Linley & Simpson, a prominent property agency, has successfully acquired the residential lettings and sales operations of Morgans, another leading independent agency in Yorkshire. This acquisition, completed for an undisclosed amount, marks a significant step in Linley & Simpson's growth strategy. The partnership will strengthen their position in the market by expanding their portfolio and services.
This acquisition adds over 1,450 homes to Linley & Simpson's existing lettings portfolio, which now totals around 8,000 properties across 16 branches located in North and West Yorkshire. The integration of Morgans' assets reinforces Linley & Simpson's standing as a key player in the Yorkshire property market.
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Industry Overview in Yorkshire
The residential property market in Yorkshire has shown robust growth in recent years, supported by a rising demand for rental homes and a steady population increase in urban areas. Several factors, including the affordable housing c
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Linley & Simpson
invested in
Morgans
in 2023
in a Buy & Build / Roll-Up deal