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Managing Agents, CPBigwood acquired Lloyd Property Management for an undisclosed sum. The purchase, aimed at establishing CPBigwood in the East Midlands, marks continued expansion, with six offices now in operation. The firm also recently opened a London office spearheaded by Partner, Bill Drake-Lee, the former Leicester, Moseley and Barbarians rugby player. He is working alongside residential management Partner, Brett Williams who has been placed in charge of the new East Midlands office.
Lloyd Property Management was founded by Ivan Lloyd, a chartered surveyor, from a management buyout from estate agents Newton Fallowell around five years ago. The company has grown to manage 1,200 units.