Property specialist Centrick is planning for growth across its property solutions services as it sells its high street sales and lettings business.
The firm has taken the decision to move away from high street estate and lettings agency to focus on delivering property management and associated professional services to the residential property sector.
Its high street division has been acquired by the Lomond Group and will operate under its John Shepherd brand. The deal involves teams in Nottingham, Solihull and Birmingham, with 25 staff transferring across.
Centrick’s new initiatives include a £1 million investment in tech solutions to deliver best-in-class resident engagement, further strengthening its dedicated Building Safety & Compliance service, as well as a new 3,500 sq ft ‘Centrick Academy’ – a training facility aimed at growing grass-roots talent and raising both technical ability and service standards for Centrick staff and the wider property management community.
Centrick founder James Ackrill said: “Our ambition as a group has always been to deliver a truly exceptional service, building a team of highly skilled property professionals that care about our clients and the residents we support.
“We recognise the need for focus and depth in our specialisms in order to deliver on our long-term plans and commitment to clients today, as well as into the future. This move puts the group in a really strong position to focus consistently on those specialisms and continue to enhance our already high service levels, aligning our teams around the needs of our clients.
“Our high street agency has always been extremely successful, holding numerous awards and top positions in a number of areas, driven by incredible property professionals. We are grateful and genuinely thankful to all the people that have been part of the Centrick family.
“All of the Centrick high street agency team will be transferring to John Shepherd who have a long and trusted history. This means that all of our high street clients will continue to be looked after by the people they already know and trust without any loss of service.”