A 700-property acquisition has tripled Belle Property’s rent roll in one move, putting the agency’s growth strategy, team structure, and appetite for further expansion in focus.
On The Property Management Excellence (PMX) Podcast, Alex Whitlock is joined by Alistair Shearer, soon-to-be director, officer in effective control at Belle Property, to discuss the acquisition and what comes next.
Shearer explains why Seaford was the right market for Belle Property, bringing a stronger investor presence while fitting within the agency’s existing Mornington Peninsula footprint.
The pair look at what it takes to be acquisition-ready, from having the right technology and team structure in place to integrating hundreds of properties without letting service levels slip.
They also discuss managing a rapidly growing team, from communicating the business vision and defining new roles to keeping staff engaged as the agency expands.
With the Seaford deal expected to be one of many, the conversation turns to what makes an acquisition worth pursuing and why geographic alignment matters when building a larger property management business.
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