My Property Box has strategically enhanced its market presence by acquiring two prominent letting agencies in North Yorkshire and County Durham.
- The acquisitions involve John Prest in Northallerton and Landlords 2 in Darlington.
- These transactions were initiated due to the retirement of significant directors from both agencies.
- The expansions add over 450 managed properties to My Property Box’s portfolio.
- The integration of these businesses aligns with My Property Box’s commitment to exceptional customer service.
My Property Box has strategically expanded its operations, acquiring John Prest in North Yorkshire and Landlords 2 in Darlington. This move is part of a broader strategy to bolster its presence in the North East and North Yorkshire regions. These acquisitions were made possible by a multimillion-pound investment secured by My Property Box from BGF earlier this year, demonstrating the company’s forward-thinking approach to growth.
The addition of John Prest, a well-established business founded in 1926, marks a significant enhancement of My Property Box’s portfolio. The Northallerton office, known for its long-standing reputation and located on the High Street since 1932, will maintain its branding and existing staff. John Prest himself remarked on the continuity of the trusted Prest name and expressed confidence in the shared commitment to customer service excellence with My Property Box.
Landlords 2’s acquisition follows the retirement of its long-serving director, Tim Haigh. Its operations will be integrated into My Property Box’s existing framework, ensuring streamlined service delivery and enhanced operational efficiency. The transaction adds over 450 managed properties to the expanding portfolio of My Property Box.
Ben Quaintrell, founder and CEO of My Property Box, emphasised the strategic importance of these acquisitions, noting the shared values of integrity and trust. “These acquisitions are an important part of our strategy to strengthen our market presence,” Quaintrell stated, reflecting the company’s ongoing commitment to providing an exceptional experience for landlords and tenants alike.
The acquisition of John Prest and Landlords 2 bolsters My Property Box’s market position and demonstrates its commitment to quality service and regional growth.
