Jones Robinson has obtained the managed lettings portfolio of Marlborough-based Kate’s Estates following the retirement of founder Kate Deakin, expanding the independent agency’s existence throughout Wiltshire.
The deal transfers landlords and occupants previously managed by Kate’s Estates to Jones Robinson, combining the company’s operations throughout Marlborough and the Pewsey Vale location. Kate’s Estates, established in 2014, specialised in residential lettings and property management throughout Wiltshire.
Continuity of service
Deakin, who brought over twenty years of market experience to business, picked Jones Robinson to presume management of her client base upon her retirement. The move comes as property managers face increasing operational intricacy in the lettings sector.
Jones Robinson runs property sales, lettings and property management services throughout Berkshire, Wiltshire and Oxfordshire. The acquisition follows current consolidation activity in the lettings market as regulative modifications reshape the sector.
Charles Robinson, founder of Jones Robinson, stated: “We are absolutely delighted to invite the proprietors and renters of Kate’s Estates to Jones Robinson. Kate has constructed a wonderful company with an excellent track record and strong customer relationships, and we are proud to have been picked to continue caring for her customers moving forward.”
Deakin will work together with Jones Robinson throughout the transition period. Emma Hawkings-Byass, previously utilized at Kate’s Estates, will remain involved with the portfolio alongside Jones Robinson’s lettings group consisting of Gabby Walker and Andy Escott.
Deakin commented: “Caring for my customers over the years has actually been a huge opportunity, and discovering the right organization to continue supporting them was incredibly essential to me. I am extremely pleased that Jones Robinson will be taking things forward and I understand my customers will be in exceptional hands.”
Market implications
The acquisition shows continuous consolidation in the independent lettings sector as smaller operators exit the market in the middle of regulatory pressures and compliance expenses. The transfer of managed portfolios between agencies has actually become increasingly common as creators approach retirement age.