Belle Property Completes Merger and Acquisition on Sydney’s Upper North Shore
Deal News | Feb 03, 2025 | EIN
Belle Property has announced the completion of a significant merger and acquisition cycle on Sydney's upper north shore. The agency has established Belle Property Wahroonga, Hornsby, Pymble, and Thornleigh offices, resulting from the merger of its Hornsby and Pymble offices and the acquisition of Soames Real Estate. Soames Real Estate, a long-established player in Sydney's real estate market, had offices in Wahroonga and Thornleigh that were incorporated into the Belle Property network as part of this transaction. The new office will be co-led by Daniel Dennis and Michael Doran, principals of Belle Property Hornsby and Pymble, respectively.
Sectors
- Real Estate
Geography
- Australia – The article focuses on activities occurring in Sydney, specifically the upper north shore region.
Industry
- Real Estate – The article pertains to the real estate industry, focusing on the merger and acquisition involving Belle Property and Soames Real Estate on Sydney's upper north shore.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Belle Property | Acquiring Company | Company | A real estate agency that has expanded through the acquisition of Soames Real Estate and the merger of its Hornsby and Pymble offices. |
| Soames Real Estate | Target Company | Company | One of Sydney’s oldest real estate businesses located in the upper north shore, acquired entirely by Belle Property. |
| Daniel Dennis | Principal | Person | Principal of Belle Property Hornsby, co-leading the new office created by the merger and acquisition. |
| Michael Doran | Principal | Person | Principal of Belle Property Pymble, co-leading the new office created by the merger and acquisition. |