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Thursday, June 20, 2024
PropertyLMO Properties appoint Regional Property Solutions to manage £5m portfolio

LMO Properties appoint Regional Property Solutions to manage £5m portfolio

Hale based LMO Properties has appointed Regional Property Solutions to manage its property portfolio of 13 commercial properties in Altrincham, Hale, Hale Barns and Bowdon.

Mark Oakes, managing director, LMO Properties, said: “RPS facilitated our very first lease over 10 years ago and we’ve worked closely with them ever since, primarily on acquisitions and lettings. In that time the portfolio has grown to an asset value of over £5m, so the time is now right for me to hand over the management side as well”.

The portfolio comprises a combination of single and multi-let offices, retail premises and an element of residential. Long standing occupiers include Lloyds Bank in Altrincham, Citybranch in Hale and Playon Football in Bowdon, as well as more recent tenants including Jaw Digital and Moonchild Tattoo in Hale.

Daniel Lee, managing director, Regional Property Solutions, said: “We have worked with Mark over the last decade acting on his behalf in the acquisitions, sales and lettings of all the properties and we are delighted take over the management of this high quality diverse portfolio, as well looking for further value added opportunities to expand the portfolio.

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