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Countrywide £40m expansion plan nets 29 lettings firms

by: Samantha Partington
  • 19/01/2015
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Countrywide £40m expansion plan nets 29 lettings firms
Countrywide invested £40m into the expansion of its lettings business last year adding 29 offices to its operation in a strategy to increase its regional presence.

Last year’s acquisitions included Tucker Gardner, a well-established firm in Cambridgeshire, full service lettings agency Personal Homefinders in Hampshire and the large portfolio of Curtis Bains in Manchester city centre. 

Nick Dunning (pictured), group commercial director, Countrywide, said: “Current market conditions offer ongoing opportunities to acquire lettings businesses and scope to enter new markets as well as expand our presence in existing markets.

“Over the past four years our acquisitions have created circa 350 new jobs within the lettings sector, some of which have been the first stepping stones for many graduates in their future careers.”

Countrywide intends to continue its expansion plans this year looking for single or multi-branch businesses across the UK.

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