Sussex property specialist PS&B has acquired the Graves Jenkins management portfolio, expanding its professional property services business across the South Coast region.
PS&B has purchased the block management and valuation sectors of Graves Jenkins in Brighton, and will be relaunching it as its sister company under the new brand of GJ Surveying and Management Limited. The existing Graves Jenkins commercial and residential property agency will remain with its founder Phil Graves and continue to operate under the same name.
The new company will be based at PS&B’s existing Brighton office and the existing Graves Jenkins employees will come across to offer a seamless service to clients old and new.
Michael Barber, Director at PS&B, commented: “We are absolutely thrilled that the purchase of Graves Jenkins block management and valuation sectors has now completed. It is a move the company has wanted to make for some time, and it is wonderful that we were able to acquire such a reputable and long-established brand to sit alongside PS&B, which has been operating in Brighton since 1825.
“Our new GJ Surveying and Management arm will enable us to offer our existing and prospective clients an even larger team of staff who be solely focused on block management and valuations. This will mean PS&B can specialise in our other sectors to include professional services such as valuations, lease extensions, collective enfranchisement, and general property management across the region.”
Phil Graves added: “I am delighted that the management and valuation services of Graves Jenkins will now sit with PS&B – one of the South Coast’s largest managing agents. It will provide an even higher level of professional service to our client base with greater efficiencies within economies of scale.”
GJ Surveying and Management is set to officially launch under its new title from April 2021.