A residential sales and lettings agency has acquired a portfolio of clients from a UK property consultancy which has added £55 million of assets to its roster.
Birmingham-based FleetMilne has taken ownership of the private client letting business of Knight Frank in the city, growing its managed lettings portfolio by 20 per cent.
Two members of Knight Frank's staff, Iayana Samuels-Sheridan and Katie Pawley, will transfer across to FleetMilne, taking its team in Colmore Row to 14. Terms of the buyout were not disclosed.
