Stonehouse Lettings - which has branches in central Aberdeen and Kemnay - has acquired Grant Fairbairn Property Leasing, in a deal designed to consolidate its position as a leading agency in the region.
Almost 200 rental homes formerly under Grant Fairbairn will transfer into the Stonehouse portfolio, which will manage them from a central Aberdeen base at Neo House on Riverside Drive.
“We are delighted to welcome fellow Aberdeen agency Grant Fairbairn Property Leasing into the Stonehouse family,” said Stonehouse chief executive Andrew Seldon.
“Both agencies have strong local roots, enjoy the same traditional values, and share a passion for properties and the people who live in them.”
He added: “This deal gives us a stronger platform to drive customer service improvements and lead industry innovation.”
Last March, Stonehouse bought a portfolio of rental homes formerly managed by Burnett & Reid, the 267-year-old Aberdeen city centre law firm and land management business.
The deal sees nearly 200 homes transfer between Stonehouse’s central Aberdeen branch - based in Carden Place - and its office at Kemnay.
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