Regional agency Manning Stainton has completed its second acquisition in the last four months with the purchase of independent agency Clear Properties.
Clear Properties, established in 2004, handles sales and lettings in the Leeds suburb of Adel and the surrounding areas. Manning Stainton currently has 19 sales and lettings branches across West and North Yorkshire.
As part of the purchase Manning Stainton will take over the Clear Properties lettings portfolio, as it looks to strengthen its position as the leading lettings agent in the area through organic growth and future acquisitions.
“Following the recent acquisition of AR Estates in Crossgates this agreement with Clear Properties makes our continued ambitions to work with other like-minded businesses clear, if they feel the time has come for them to sell” explains Mark Manning, managing director of Manning Stainton.
“It’s clear to see that the industry is experiencing some fundamental changes and we feel that our expertise in the industry, aligned with our extensive branch network could be of real benefit to independent agents during these challenging times” he adds.