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Commercial Property

Principle Estate Management targets North West with latest buyout deal

Birmingham-based firm is now managing 20,000 units across the º£½ÇÊÓÆµ following another acquisition

Principle Estate Management founder Brett Williams and managing director Joe Jobson (left and right) with FMS Estate Management owner Darien Jay

A property services firm has expanded into the North West with a new acquisition.

Birmingham-based Principle Estate Management has bought out FMS Estate Management.

The firm, which is based in Poulton-le-Fylde, specialises in block management services such as inspections, repairs, accounts and collecting arrears and rents.

This latest, undisclosed deal follows Principle's purchase of Myhill Newman in London in 2022.

Since its launch in 2018, Principle has grown from founder Brett Williams to now more than 65 staff who manage almost 20,000 units across the º£½ÇÊÓÆµ.

The purchase of FMS Estate Management adds 1,300 units across more than 30 properties, mainly in the North West of England.

Mr Williams said: "We are very pleased to have reached agreement on the transfer of all properties under management across to Principle.