Island estate agent acquired by Partners Real Estate 

Expansion and business development planned for 2025

Estate agent Property Wise has been acquired by the Partners Real Estate group.

There will be no immediate changes at the company although it’s hoped expansion and business development will follow next year under the new ownership.

This includes recruitment to grow the team and the opening of a new office.

This is the first Isle of Man addition to the Partners portfolio which includes estate and property agencies in the Isle of Man, UK and United Arab Emirates.

Partners Chairman Brendan Beeken said: “We are delighted to have concluded an agreement to acquire Property Wise.

“Over the past 13 years the business has established a well-deserved reputation as one of the Isle of Man’s leading estate agents with exceptional customer service and trust in the Island community.

“Partners is a rapidly expanding international real estate group which delivers high quality service in both the residential and commercial property markets.

“Property Wise aligns perfectly with our values and vision for a full-service real estate business with a global network of offices.”

Property Wise, which has branches in Douglas and Ramsey, was established in 2011 by Lorna Fairclough and Tony Weston.

Lorna said: “This agreement marks a significant milestone for Property Wise, enabling us to plan further growth, enhance the services we offer to Island buyers and sellers, and access the resources of an international property group for the benefit of all our clients and our entire team.”

To celebrate the acquisition Partners Real Estate group has made a donation to Curraghs Wildlife Park to support the care of the park’s owl residents.

The selection was made in recognition of the longstanding inclusion of an owl in the Property Wise logo seen around the Isle of Man.