Park Property Management acquires EK residential factoring business

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East Kilbride News

Royal Bank Of Scotland,Glasgow,Lanarkshire News

Founded by Raymond Lorimer, Lorimer Property Group is active in all aspects of residential and commercial property development

Park Property Management has purchased the residential factoring division of Lorimer Property Group based in East Kilbride.

and plans to now focus on building its retirement communities portfolio.Get all the news from your area – as well as features, entertainment, sport and the latest on Lanarkshire’s recovery from the coronavirus pandemic – straight to your fingertips, 24/7. Paul McDermott, managing director of Park Property Management, said: “This acquisition sits well with our ongoing growth strategy and further expands our reach across Scotland. Our organic growth rate has expanded us into new geographical areas and Lorimer’s factoring division which reflects our high customer service ethos, is a good fit.

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