Build Scotland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
23/07/2009

Happy Lets Hits Acquisition Trail

Glasgow and Hamilton-based residential letting and property management company Happy Lets is hitting the acquisition trail as it targets increasing its portfolio from 800 to 5,000 properties within five years.

Having acquired The Letting Store in Hamilton one year ago, the firm, led by young husband and wife team Bobby and Preet Sandhu, is now actively examining potential acquisition targets throughout Scotland’s central belt, with Edinburgh and Stirling topping the list of cities earmarked as possible locations for new offices.

Bobby Sandhu said: "Despite, or perhaps even because of, the challenging economic climate, there are presently growth opportunities within the market for residential lets throughout Scotland for the right operator. And we know of a number of private landlords who, having built up a portfolio of residential properties over the course of the last decade or so, are now seeking to exit the sector.

-- Advertisement --
NorthernAsbestosServicesLtd

"Our ambition for Happy Lets is to become the biggest and best residential letting and property management company in the business - and we aim to achieve that through both a series of acquisitions and organic growth."

Whilst the team behind Happy Lets are experienced landlords and property managers, having been in the letting industry for over 10 years, the name of the company is new, having rebranded only two months ago.

Previously operating under the Harlequin brand, the firm was founded when property entrepreneur Bobby, 27, married business management graduate Preet, daughter of Glasgow Curry King, Secret Millionaire Charan Gill MBE, and added the management of Charan's various property investments to Bobby's burgeoning enterprise.

With offices in Glasgow’s West End and in Hamilton, Happy Lets manages a £60m property portfolio of properties across Glasgow and Lanarkshire incorporating all property types, from one bedroom studio flats to six bedroom homes.

(GK/JM)

Latest Construction News

07/05/2024

CCG (Scotland) and Westscot Living has announced the launch of the largest development of 'Passivhaus' affordable homes in Glasgow. This landmark project, located in Dundashill, north of Glasgow's city centre, consists of 90 highly energy-efficient mid-market rent homes. The development, ...
07/05/2024

Glasgow City Council has announced that the £5.827 million Argyle Street West Avenue scheme will begin on Monday, 13 May. This Avenue will stretch from under the Kingston Bridge to the junction between Argyle Street, Jamaica Street and Union Street. It will bring significant improvement to the ...
07/05/2024

SSEN Transmission has announced the launch of preparatory works for a new electricity substation at Creag Dhubh south of Cladich, Argyll, set to begin this week. Creag Dhubh substation iSSEM Transmission Launch New Argyll Development s one of five substations to be built as part of SSEN ...
07/05/2024

Moray Council has announced the appointment of Page \ Park Architects, to lead efforts to bring Grant Lodge in Elgin "back to life". The experienced team will lead the re-design and restoration of the heritage gem in the heart of Moray, bringing this much-loved building back to life after a long ...
07/05/2024

North Lanarkshire Council has announced the successful completion of a new housing development, delivering 31 new modern homes at Northburn Avenue and Northburn Place, Airdrie. The new homes have been built on the site where 28 flats were demolished as part of the council's re-provisioning ...
07/05/2024

Network Rail has announced the successful completion of a programme of vital repair works at Harbour Road in Inverness. Engineers works across the Bank Holiday weekend, to address deteriorated road surfaces on the approach to the level crossing. Stuart Colvin, Infrastructure Maintenance Engineer ...
07/05/2024

Midlothian Council has announced that it will progress plans to decarbonise all its buildings and set up district heating zones. The plans are part of the recently approved Local Heat and Energy Efficiency Strategy (LHEES). The LHEES will help the council meet Scotland's statutory greenhouse gas ...
07/05/2024

The Retail Trust charity has appointed Clark Contracts to complete a £1m renovation within its Hugh Fraser Retirement Estate in Newton Mearns to create a new community hub for older people and the community across East Renfrewshire. Three disused spaces within the estate's Crookfur House are being ...
07/05/2024

Marshall Construction has been awarded certification to BS ISO 45001: 2018 Occupational Health and Safety Management Systems, following a rigorous auditing process by certificating body, BM Trada. This certification adds to the existing ISO 9001 Quality and ISO 14001 Environmental Management ...
07/05/2024

Construction firms and property owners in Dundee have been urged to remove scaffolding as quickly as possible once works are completed. While praising proprietors for their efforts to prevent structural damage, a senior city councillor has also voiced concerns about the problems posed by ...
RBT Underfloor LimitedMorris & Spottiswood LtdMaterials Market LtdToner Damp Proofing SuppliesNo HydroBurnside Plant Hire LtdKattrak International Hidromek SalesScotdeck LtdThe Big Block Co LtdSafe Access (Highland) Ltd.
Terms and Conditions
2024/05/07 17:21:25