LDC, the private equity investor which is part of Lloyds Banking Group, has exited its investment in Lomond, the lettings and estate agent platform which owns DJ Alexander. LDC will reinvest in Lomond alongside new investor ICG, the global asset manager, the founding chairman and management.
Lomond Group
Lomond Group has expanded its Scottish portfolio with the acquisition of Aberdein Considine's residential lettings business. The deal adds 1,700 properties, from across Aberdeen, Aberdeenshire and the central belt, to Lomond's Scotland brand, DJ Alexander, bringing its total managed properties
Property firm Lomond Group, which has completed over fifty acquisitions since 2021, continued its expansion in Scotland with the acquisition of Tay Letting. The firm, which has offices in Glasgow, Dundee, and Edinburgh, will become part of the DJ Alexander brand and substantially increase the f
Lomond Group, a player in the UK's property market with a significant presence in Scotland, has recently acquired a further two agencies. The group, which has made nearly 50 acquisitions since 2021, has shown its commitment to expansion in the Scottish market with the acquisition of the lettings por
Property management firm LOMOND has expanded its footprint in Scotland with the acquisition of Purplebricks' entire Scottish rental portfolio for an undisclosed sum. All properties under the deal will transition seamlessly to Lomond's primary Scottish subsidiaries – DJ Alexander, which op
One hundred homeowners in Scotland paid £84,000 on average to buy property in Scotland in June according to analysis of the latest statistics by property firm DJ Alexander Ltd, part of the Lomond Group. The firm said that the Scottish Government received £8.4m during June alone from 100
The Scottish property market had a rollercoaster performance in the last year according to DJ Alexander Ltd, part of the Lomond Group which is the largest lettings and estate agency in Scotland. The firm believes that the property market – from homebuyers to tenants, to landlords and investors
Lettings and estate agency Lomond Group has become the largest lettings and estate agent in Scotland after acquiring DJ Alexander. The move, which was supported by Lomond Group’s private equity partner LDC, brings Lomond Group’s portfolio of managed properties to 9,500 in Scotland, and s
LDC-backed lettings and estate agency company Lomond Group has acquired ten businesses during the first quarter of 2021 following the merger of Linley & Simpson and Lomond Capital in January. The acquisitions, which include Sinclair Properties in York and the lettings books of Palms Property in