Posted on Wednesday 4 February 2015 by Ulster Business
From left to right: Paul Henry, Frank Cassidy and Martin McDowell
Two Northern Ireland commercial property companies have announced a merger.
Osborne King and Ardmore Commercial, both Belfast based, will join forces under the Osborne King banner and be based at its Donegall Square offices.
In a release, the new company said the merger - which comes into immediate effect - represents the consolidation of two of the longest-established, independent, indigenous businesses in Northern Ireland and which will continue to provide property solutions to a diverse client base across the UK and Ireland.
It said Ardmore, a “specialist advisory practice”, will bring a complimentary skill set to Osborne King, described as the largest independent property consultancy in Northern Ireland.
Martin McDowell, Managing Director of Osborne King, said the merger would provide greater efficiencies and, in a nod to the growing number of commercial estate agencies owned by global companies operating in competition in Northern Ireland, said the new firm would “offer clients truly independent advice that was not driven by globally-vested interests”.
“To use a simple analogy, you can buy a burger from any multi-national chain, but usually the best burgers are home-cooked!,” he said. “In a world of ever-increasing corporate banality, we have found that our clients actually appreciate a flexible approach and depth of local expertise that independence such as ours guarantees.
"The merger with Ardmore gives us additional resources to deliver a premium level service to our clients.
Frank Cassidy, Managing Director of Ardmore Commercial said the tie up was a good fit.
“In Osborne King I found a likeminded ethos of providing clients with quality advice as opposed to quick and easy solutions. Their experience and history fit very comfortably with our own client profile and I am very much looking forward to further developing our business together”