Lomond has announced the acquisition of the Clyde Property Group, which encompasses the Burgh Property and Cathedral Estates brands.

This move represents a major expansion of Lomond's presence in Central Scotland and integrates another significant name into its portfolio, sitting alongside the existing Scottish brand, DJ Alexander.

Clyde Property, an owner-led agency founded in 1987 by Gary Thomson, has operated for nearly four decades. Since its inception in Bearsden, the firm has been recognised for modernising the Scottish estate agency sector by introducing practices such as professional photography, detailed floor plans, and weekend opening hours to the resale market.

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Under the new structure, Clyde Property will retain responsibility for operations in the West of Scotland, while DJ Alexander will continue to manage the remainder of the group's Scottish portfolio.

Gary Thomson, Co-founder and Managing Director of Clyde, noted that the decision to partner with Lomond was driven by a shared vision. He said: "Clyde was founded on principles that remain at the heart of our business 39 years later – trust, a forward thinking mindset, and putting people first. When considering a partner for the next stage of Clyde's journey, alignment in values was paramount, and Lomond was the standout choice. This partnership will enable us to thrive, while preserving what makes us Clyde."

David Alexander, Chief Revenue Officer at Lomond, added: "Clyde's passion for pioneering service and building knowledgeable local teams perfectly aligns with Lomond's core values. I've long admired Clyde, and this partnership offers an exciting opportunity to expand our presence across Scotland. I'm delighted to welcome Clyde's talented team and valued clients and I am excited to work alongside Gary."

The acquisition is described as a milestone in Lomond's growth strategy, designed to bolster its service offering across Scotland while maintaining the established local reputation of the Clyde brand.