Property management and lettings business changes

Hands

Oldmeldrum headquartered property management and lettings business, PMC, has been bought over by two of the firm’s Directors for an undisclosed sum.

Managing Director, Neale Bisset and Finance Director, Annette Hudson are now owners of the business, following their five-year tenure as Directors. The management buyout follows the death of the company’s previous owner, Martin Rochfort, in July 2020. Neale and Annette, will now both hold the title of Co-Chairman.

PMC Property Management & Lettings currently operates across Scotland, managing properties in areas including Inverness, Dundee, Glasgow, Perth, and Fife, along with a large number of developments across the North-east. Under the leadership of Neale and Annette, the company has experienced significant growth, with the factoring division growing by 20% to include both residential and commercial properties, and the lettings division doubling in size.

Neale said, “We have worked hard to establish ourselves as an independent and trustworthy property management and lettings company, operating throughout the country. As a business, PMC strives to support and form relationships with trusted contractors who are local to our properties, which has also enhanced our reputation amongst clients.”

PMC has recently rebranded to fit with their business mindset and set themselves apart as a bespoke, independent company within the property management sector. The team won several prestigious industry awards in 2022 and has recently recruited more staff to support their expansion.

Annette said “We invest in our staff, and offer training and wellbeing support, which is important to all of us as we plan to recruit further. I look forward to growing the business across Scotland this year and sharing our plans for more service offerings in the near future.”

Recent recruitment has brought PMC’s headcount to 27 across its four Scottish offices.