Mount Group, an investment and consultancy firm with interests in residential, commercial, and mixed-use developments, has acquired a 25% stake in the sales division of Robert Holmes & Co, the Wimbledon-based estate agency.
Under the new partnership, Mount Group will support the expansion of the agency’s sales business, including plans to open new offices in the UK and strengthen its international reach. The lettings division will remain independently owned and operated.
Three new locations are currently in the early stages of opening, and a sales affiliation agreement is expected to be signed with a global real estate brokerage operating in more than 65 countries.
“We are excited to be partnering with Robert Holmes & Co, a business that is both highly regarded locally and respected across the wider property industry,” said Anar Murtuzayev, CEO & UBO, Mount Group. “This investment underlines our confidence in the strength of the UK property market and in the expertise of the Robert Holmes & Co team.”
Read the orginal article: https://propertyindustryeye.com/investment-group-acquires-significant-stake-in-well-established-estate-agency/
