Peter Alan Expands Managed Property Portfolio with Acquisition of David James Lettings Business

Published April 03 2024
2 minute read

Wales’ leading estate and lettings agency, Peter Alan, part of the Connells Group, have acquired David James Estate Agents lettings portfolio as part of its long term strategy to increase market share and extend its geographical network.

This acquisition will see David James lettings staff retained and the business will begin to trade under the Peter Alan brand name in Wales and a number of Countrywide brands in the South West.

With a history that reaches all the way back to 1849, David James is an established independent property business, which focuses on selling and letting property in South East Wales and the South West of England. In 2017 David James and Partners merged with Newland Rennie to become DJ & P Newland Rennie and then rebranded as David James in 2022.

"We’re delighted to have completed on the acquisition of the David James Lettings business. The business is a great fit for our expansion plans and perfectly complements our current branch network which will allow us to extend our range of market leading services to even more customers.” says Andrew Barry, Peter Alan Managing Director. 

“We are delighted to welcome David James lettings team into Peter Alan and look forward to announcing further acquisitions in the future whilst we continue building our market leading position in South Wales."

Peter Alan continues its trajectory of growth with the recent acquisition of David James Estate Agents lettings portfolio. This acquisition marks another milestone in Peter Alan's expansion efforts, further solidifying its position as the leading estate and lettings agency in the Wales.

This acquisition aligns with Peter Alan's commitment to providing comprehensive property solutions, catering to buyers, sellers, landlords and tenants alike. Clients can expect the same dedication to excellence and personalised attention that both Peter Alan and David James are renowned for.

As Peter Alan Estate Agents continues to expand its presence and enhance its services, clients can look forward to even greater opportunities and unparalleled support in navigating the property market.

Peter Alan is open to new opportunities to acquire existing sales or lettings business across South Wales and is keen to hear from business owner’s looking to sell or who wish to grow as part of a wider group.  If you are looking to sell your business, please contact nicholas.barber@peteralan.co.uk for a discussion in confidence.