Darlington letting agency continues Yorkshire expansion with investment partnership
A specialist letting agency in the North East is set to expand its footprint across the Yorkshire region.
My Property Box has partnered with a local investment firm to facilitate its growth across North and West Yorkshire.
The lettings specialist has teamed up with private equity firm Winch & Co to fund its expansion in the Leeds area.
In addition, the Darlington-headquartered company is currently in negotiations over the acquisition of a North Yorkshire agency.
Managing director Ben Quaintrell said: “Since founding the business in 2012, My Property Box has expanded rapidly from its original Tees Valley heartland.
“Last year we acquired two letting agents in Thornaby and Darlington and, as a result, we currently manage more than 1,000 homes valued at a total of £50 million.
“We are an innovative company with an ambitious growth strategy and that includes establishing a presence in Leeds, which has a vibrant rental market and is one of the best areas in the UK for property investment.
“I’m seeking to acquire a lettings business in Leeds with the help and support of Winch & Co, which has extensive local expertise as well as acquisition experience.”
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