Yorkshire property firm expands with 'strategic' agency acquisition

A Yorkshire property firm has acquired an Essex property agency in its ongoing expansion.

Pantera Property, which is based in Harrogate and specialises in property asset valuations and sales, has acquired Jordans Property Matters.

The firm was established in 2016, and now has 13 employees working in Harrogate and London.

The company said that the acquisition will allow it to boost its operations in London, and that Jordans is a ‘great strategic fit’.

Tom Snook, managing director of Pantera, commented: “We have established a great reputation for discreet, pragmatic valuation and marketing services for a wide range of residential and commercial property.

“Originally we attracted most of our business from insolvency practitioners dealing with bankruptcy, insolvency and Law of Property Act situations.”

“Now we’re increasingly assisting lenders with securities and investors in valuing non-standard assets.

“We are also marketing complex portfolios for clients, including rental investment property and assets.”

“We are currently seeing a 50-50 north-south split in our workload, with a noticeable uptick in new business and instructions coming from London and the South East.”

“Jordans founder Peter Sawyer has been in business in East London and Essex for more than 30 years. The firm will be a great strategic fit for us, bringing a raft of new clients which we will largely service in London.”