Faraday Property Management Ltd. has been acquired by HML Holdings Plc
The private shareholders of Faraday Property Management Limited (Faraday) have sold the company to HML Holdings Plc (HML) for US$4.25 million.
Faraday was founded in 2006 to provide block management and surveying services in the central London area and has since grown to become one of London’s most successful property management businesses. Working out of its High Holborn offices, Faraday provides a professionally qualified service in property management, chartered building surveying and insurance brokerage with a focus on high value private residential properties. Faraday manages over 4,000 residential units across 72 estates and blocks of flats.
HML is a provider of property management, surveying, insurance and ancillary services to residential property blocks, listed on LSE-AIM.
Oaklins Smith & Williamson, based in the UK, acted as the exclusive corporate finance advisor to the shareholders of Faraday Property Management Limited.
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