A FAST growing property firm has snapped up the largest independent residential lettings agency in Inverclyde in a six-figure deal. Bowman Rebecchi Letting has announced that it has acquired Castle Estates to enhance its position in Scotland’s central-west property lettings market. Castle Estates manages a stock of nearly 350 properties across Glasgow, Renfrewshire, Ayrshire, and Inverclyde. Its four highly experienced staff will transfer across from Castle Estates to Bowman Rebecchi’s new offices in Gourock’s Kempock Street. The business, established for 20 years, is being sold by owner Neil Woodhead who is retiring and relocating. He said: “I have had several offers for the business but elected to complete the sale with Bowman Rebecchi Letting.
Bowman Rebecchi Letting directors Andrew Bowman, Riccardo Giovanacci and Marco Rebecchi GOUROCK-based Bowman Rebecchi Letting has acquired Inverclyde counterpart Castle Estates in a “six-figure” deal. Castle is said to be the largest independent residential lettings agency in Inverclyde, and manages nearly 350 properties across Glasgow, Renfrewshire and Ayrshire, as well as in its local market. All four of its staff will transfer to Bowman Rebecchi’s new offices in Gourock’s Kempock Street. Castle, which was established 20 years ago, has been sold by owner Neil Woodhead, who is retiring. Bowman Rebecchi was founded by Andrew Bowman and Marco Rebecchi in February 2020, and in December formed a joint venture with Glasgow-based Newton Lettings. The deal was struck to boost the companies’ position in the west coast residential market.