Pastor Real Estate acquires Property and Block Management company as part of its growth plans
Prime Central London agency, Pastor Real Estate, has announced it has acquired a property and block management company as part of their ongoing plans to expand their business throughout London.
This latest acquisition, 1st Asset Management (“1st Asset”), presently based in Chelsea, currently operates successful property and block management divisions.
This latest company acquisition by Pastor Real Estate enables the full-service real estate company to expand their existing property management business, as well as adding block management to their list of services. The company will relocate to Pastor Real Estate’s head office at 48 Curzon Street.
Part of the Monaco-based Pastor group of companies, Pastor Real Estate has substantial experience in property sales, lettings, and management, encompassing both residential and commercial property, in the central London market. Their core business has been predominantly in Mayfair, but increased client demand has prompted a move into other parts of Prime Central London and last year they opened a new Chelsea office to focus on Kensington & Chelsea.
Christopher Mitchell of Pastor Real Estate said:
“We are always looking at new ways to grow the business. This latest company acquisition expands our already strong property management team, as well as adding a new service line in block management. Block management is a natural progression for our business and we look forward to expanding our management business further over the next 12 months.”
www.pastor-realestate.com T: +44 (0) 20 3195 9595