Hill Woolhouse Property Management has merged with the Leeds office of full-service advisor Ryden.
Both will operate under the name Ryden, with the deal almost doubling the size of the Leeds operation. The portfolio managed by Ryden’s Leeds office now extends to around 6.3 million sq ft of space, with circa 1500 tenants and a rent roll of approximately £50m.
Nine Hill Woolhouse Property Management (HW) personnel, including founders Tim Pike and Nick Ellaby, join 15 staff at Ryden’s offices in Carlton Tower.
Contacts at the firms remain the same, with clients of both benefitting from the enhanced property management expertise provided by niche practise HW and Ryden’s wider multi-disciplinary expertise.
Bill Duguid, Managing Partner of Ryden, said: “As part of our strategy for growth we have been actively pursuing opportunities in Leeds. This merger substantially enhances our Leeds office and Property Management business and adds strength to our senior management team which will be of great benefit to clients.”
Matthew Edwards, Regional Managing Partner in Leeds comments:” We are able to give clients the best of both worlds, as together we have a very experienced team with acknowledged industry experts. We can also now offer a property management accounts team based right here in Leeds and we have the backing, experience and introductions that come from being part of the bigger Ryden brand.”
Of the merger, Tim Pike, Director of HW, said: “The Hill Woolhouse team and our managed property portfolio complement Ryden’s Leeds office, with the combined teams able to provide a range of professional services with great expertise to the benefit of all clients. We are all looking forward to this new venture and the opportunities ahead.“
Derek Tillery, Head of Property Management at Ryden added: “We are pleased to welcome Hill Woolhouse into our growing Property Management group, which now comprises over 30 property and facilities managers and accounts staff.”
Both Ryden’s Leeds office and HW were established in 1995.
Hill Woolhouse Property Management was advised on the sale by Peter Barton and Rebecca Whitehouse from the corporate team at Yorkshire law firm Gordons. Ryden was advised by Vialex.