Property franchise accelerates expansion with fourth acquisition in 12 months
Edward Rose Property Group, operating as a Your Move franchise partner, has bolstered its market position in Southsea through the acquisition of Flats in Southsea, an established lettings operation. The transaction marks the retirement of founder Alwin Oliver, who is transitioning out of the property management sector.
The deal consolidates 109 managed properties into the Your Move Southsea portfolio, expanding the service infrastructure available to landlords transitioning to the brand. The integration provides existing clients with access to the franchise network's broader operational capabilities and tenant support systems.
David Vertannes, owner of Edward Rose Property Group, stated: "This acquisition brings over 100 landlords into our portfolio and expands our operational team at Your Move Southsea. Alwin has facilitated a seamless transition process, and we extend our best wishes for his retirement.
"Our Southsea operation remains focused on delivering consistent service standards to both property owners and tenants while navigating the operational adjustments required by the Renters Rights Act."
Kate Ashley-Ives, Franchise Director at LSL Estate Agency Franchising, noted: "This represents David's fourth acquisition within a 12-month period, demonstrating sustained growth momentum. The pace of expansion reflects the operational capacity and service delivery that his team has established with their landlord base."
Continuity in client relationships will be maintained as both existing Flats in Southsea staff members transition to the Your Move Southsea team, preserving institutional knowledge and established tenant-landlord connections throughout the integration process.