Property agents in major merger
Published 20/02/2013 | 04:20
The merger of two local property agents will create one of Northern Ireland's largest residential lettings and sales outlets, according to management.
Rental agency Managemint, formerly based on Belfast's Stranmillis Road, has joined Morton Pinpoint – which encompasses former homespun business Brian Morton and Co – in a move which doubles its rental portfolio and widens its net across Northern Ireland.
The two companies will operate under the Morton Pinpoint brand, at its Lisburn Road, Belfast branch in an arrangement employing 32 staff across five branches.
Management of the agency believe the merger creates a financially stronger business with significant geographical coverage across Northern Ireland.
Managing director of Morton Pinpoint, Nicholas Brennan, said the move was "extremely positive" for the brand and its customer base.
"I believe our clients will benefit hugely from a much wider geographic spread and much stronger brand presence, which will attract a larger audience of potential tenants and purchasers."
Jeremy Baird, managing director of Managemint, said the move increased the number of experts on its staff and was a positive move. "The decision to merge with Morton Pinpoint was a strategic one. They are a business which entirely mirrors our ethos and long-term vision."
The Lurgan branch of Managemint will join Morton Pinpoint's south, north and east Belfast offices as well as the dedicated student lettings agency SU Lets, based in the Queen's University Students' Union building.