Estate agent acquires student letting company
Wolverhampton estate agent Redstones has acquired student letting company Housemates, after securing finance from HSBC.
The move allows Redstones to enter the student letting/houseshare market for the first time.
Housemates, also in Wolverhampton, has been letting student properties since 2006 and has seven employees. Redstones plans to recruit four new members of staff.
Manj Singh, owner of Redstones, said: “We’re always looking to take the next step and it’s been an ambition of ours to expand into the student marke... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
