Mistoria Group, owners of Mistoria Estate Agents, North West specialists in residential and student property sales and lettings, have purchased “Student Haus”, the Salford based lettings and estate agency who have approximately 150 properties under management across the whole of Manchester and Salford.
The acquisition of the business is part of Mistoria’s continuing growth strategy and follows on from the launch of their third estate agency office in Bolton and the acquisition of Pick My Pad announced earlier this year. All Student Haus staff will continue in the new business and the brand will continue to trade under its own name. They currently manage properties for more than 100 landlords covering city centre locations based around the main universities in Manchester and Salford.
Mish Liyanage, Managing Director of student property investment specialist The Mistoria Group comments: “We are delighted to take over the management of Student Haus, including properties, landlords and tenants and to consolidate our position in Salford. Dilan and Edouard have done a great job with Student Digz / Haus over the last 5 years in Salford by building Student Haus into a very a successful business.
“I am glad that they both chose Mistoria to sell their business so that they can both pursue their academic interest. I fervently believe there is a market for both Mistoria and Student Haus brands hence we will continue to trade under both brands in Salford with Hannah Goodman heading the Student Haus division. Over the next few next few months we will be implementing best practices in both businesses that will benefit both our tenants and landlords.”
Commenting on the sale Dilan Omari-Clark said: “We started the company when we were 23 years old after graduating from University. The past 5 years have been a great adventure and we are proud of what we have achieved.
It felt like the right time to sell and we are now ready to take on the next challenge. We are pleased that Mistoria have taken on our staff and we wish Mistoria all the best for the future.”
The Mistoria Group are high yielding student buy-to-let investment specialists, offering HMOs and armchair investments in the North of UK, generating combined net cash yield up to 13% (Rental and Capital Growth). For more information on the firm’s current available investments and the services we offer email us at email@example.com or call 0800 500 3015.