My Property Box enhances its market position by acquiring two noteworthy estates.
- The acquisitions include John Prest in North Yorkshire and Landlords 2 in Darlington.
- These strategic purchases were influenced by the retirement of key directors of both firms.
- My Property Box emphasizes maintaining high standards and core values in its new dealings.
- With these deals, My Property Box adds over 450 managed properties to its extensive portfolio.
My Property Box, demonstrating strategic growth, has recently expanded its portfolio by acquiring two notable letting agencies, John Prest in North Yorkshire and Landlords 2 in Darlington. These acquisitions coincide with the retirement of significant directors, marking a pivotal moment for the agencies involved.
The Northallerton-based agency, John Prest, established in 1926 and revered for its heritage of four generations, will retain its brand, office, and staff under the management of Clare Bopari from My Property Box. This acquisition was prompted by the retirement of John and Mark Prest, who have managed the agency with a legacy of excellence. Mr. Prest reflected, “Our family has proudly run this business across four generations, but after thoughtful consideration, we believed it was the right time to pass the baton. I’m pleased the trusted Prest name, along with our office and dedicated staff, will continue, ensuring a seamless experience for our clients.”
Conversely, the Landlords 2 agency, based in Darlington, sees a different transition with its Coniscliffe Road office closing. Services from this agency are being integrated into the infrastructure of My Property Box. This acquisition follows the retirement of director Tim Haigh and aligns with My Property Box’s strategy to amplify its presence in North Yorkshire and County Durham.
Ben Quaintrell, the founder and CEO of My Property Box, expressed enthusiasm about the acquisitions, highlighting the synergy between the companies involved. He noted, “These acquisitions are an important part of our strategy to strengthen our market presence across the North East and North Yorkshire. Both John Prest and Landlords 2 have a long-standing reputation for delivering excellent service, and we’re excited to build on these foundations.” Quaintrell further emphasized the shared values of integrity and trust, ensuring that high standards of service will be maintained as the company continues its growth trajectory.
Ultimately, these acquisitions significantly bolster the property management capabilities of My Property Box, adding over 450 managed properties to their operations. This move exemplifies My Property Box’s commitment to expanding its market share while adhering to the core values and service excellence that define its brand.
The strategic acquisitions by My Property Box signify a robust expansion within the real estate market, driven by shared values and a commitment to quality service.
