Arden Expands with Smart Property Division Takeover

Deal News | Jun 27, 2025 | B Daily

Arden Expands with Smart Property Division Takeover

Arden Property Management, a respected lettings agency based in Edinburgh, has expanded its portfolio through the acquisition of Smart Property's lettings division. This strategic move aims to unite two established local agencies, enhancing their offerings and bolstering Arden's capacity to provide property sourcing, refurbishment advice, insurance claim support, and access to a private investor network. The acquisition will see the combined operations continue under the Arden brand name, while Smart Property director Kat Usher joins Arden as a partner. Meanwhile, Smart Property co-founder Phil Nugent has opted to step back from daily operations. Catriona Smith, a senior partner at Arden, emphasized the significance of the acquisition as a pivotal growth opportunity that aligns with their client-first philosophy. Both Smith and Usher acknowledge their shared vision and dedication to delivering exceptional service and maintaining high standards, making the merger a strategic fit.

Sectors

  • Real Estate

Geography

  • United Kingdom – The transaction and the main entities involved are based in Edinburgh, which is part of the United Kingdom.

Industry

  • Real Estate – The article involves a transaction between two companies in the property management and lettings sector, a sub-category of the Real Estate industry.

Financials

    Participants

    NameRoleTypeDescription
    Arden Property ManagementAcquiring CompanyCompanyA property management and lettings agency based in Edinburgh, expanding its portfolio.
    Smart PropertyTarget CompanyCompanyA local lettings agency whose lettings division was acquired by Arden Property Management.
    Kat UsherNew Partner at ArdenPersonDirector of Smart Property who joined Arden as a partner after the acquisition.
    Phil NugentCo-founder of Smart PropertyPersonCo-founder of Smart Property stepping back from day-to-day operations after the acquisition.
    Catriona SmithSenior Partner at ArdenPersonA senior partner at Arden Property Management, involved in the acquisition process.