Estate agent Daniel Matthew is expanding with the acquisition of Barry-based Park Estates and Lettings.
Established by Directors Hashim and Sonia Bostany in 2017, Park Estates and Lettings has a portfolio of rental and sales properties in Barry. The sale to Daniel Matthew allows the Bostany’s to pursue other business interests.
Based at 14 High Street in Barry, Park Estates and Lettings will become part of the Daniel Matthew Group which was established by Managing Director Laura Northover in 2015. With a rental book of 200 and sales of over 160 properties a year, Daniel Matthew has offices in Bridgend and Barry. The Barry team will now relocate to 14 High Street.
Hashim Bostany said: “We are a small friendly business and our ambition has always been to bring family values of honesty, support and trust to what we do. We value the great relationships we have built with our clients over the years and the reputation we have gained for great customer service. We know that Laura and her team share the same ethos so feel confident that our clients will be in safe hands.”
Laura Northover, Managing Director of Daniel Matthew said: “From day one, we’ve set out to build an estate agency business that thrives on local knowledge and great service. We’re passionate about property and work hard to get the best deal for our clients.
“Although the market has been challenging over recent months, it is now stabilising and we’ve continued to invest and grow with the recruitment of new staff and an expanding client portfolio. The acquisition of Park Estates and Lettings further strengthens our presence in Barry and the surrounding area as we deliver on our growth strategy throughout South Wales.”
By Daniel Matthew - Estate Agents