Commercial agency acquires retail arm from property specialist
Property specialist Centrick has revealed it’s sold the retail arm of its commercial agency business to Siddall-Jones as it looks to focus on residential and building and estate management clients.
All of Centrick’s retail agency team will now be transferred to the commercial property consultancy, led by founder Ed Siddall-Jones.
Centrick founder James Ackrill also announced the launch of a new valuation and professional services division, to complement the efforts of Centrick’s Residential and Building & Estate Management team in executing major works projects and delivering a best-in-class service to clients.
The move is part of plans for Centrick to become a fully integrated property business.
Centrick managing director Phil Johns said: “Centrick Valuation & Professional Services will see another step change to our already high service levels and ensure an industry leading approach to building issues, proactively diagnosing problems more effectively and minimising any disruption residents experience with building fabric problems.
“Establishing a multi-faceted professional services offering has always been a strategic pillar in the long-term considered growth of Centrick and I’m excited to see that ambition come to fruition”.
Ackrill said its expertise in residential property has been the focus of its service and strategic growth plans. When Centrick acquired the brand and assets of Andrew Grant Commercial in 2020 it was primarily for its valuation capability.
“Centrick has always been a residential property expert. This new division provides us with a major opportunity to focus primarily on delivering residential and professional property services,” he said.
Ed Siddall-Jones, managing director of Birmingham-based Siddall-Jones, said: “I am of course thrilled to be welcoming such a high quality, experienced team of property professionals from Centrick.
“This is just the latest stage in our growth, and further enhances our offering to landlords both regionally and nationally, ranging from independents to major property businesses.”
Ackrill added: “The Centrick retail agency team will be transferring to Siddall-Jones which means all of our retail agency clients will experience a smooth transition and no loss of service, while working with the people that they have come to know and trust.”