London-based block and facilities services provider, SBA Property Management (SBA) has acquired management agency Paul Samuel Associates.
A specialist property management firm with a focus on commercial and high quality, long-leasehold residential properties, Paul Samuel Associates’ portfolio of properties has now transferred to SBA.
The portfolio contains over thirty buildings, equating to 300,000 sq ft of space, situated in some of the city’s most prestigious locations including the West End, Kensington, Mayfair, and Knightsbridge.
The acquisition comes at a time of significant change for SBA following a fresh rebrand, the departure of the founding partners and a series of new acquisitions. The team is led by directors Tim Darwall-Smith and Yassir Awan – who were instrumental in the completion of the acquisition.
Tim Darwall-Smith MRICS said: “We are pleased to announce the completion of the acquisition of Paul Samuel Associates and the transfer of their portfolio of properties to our management team.
“In our opening conversations with Paul Samuel Associates, it was clear the organisation was seeking a leadership company that matched their values and bespoke relationship management we at SBA Property Management are proud to deliver.
“We are absolutely committed to building on their successes and continuing to deliver the personal touch clients know and expect.”
Paul Rubenstein, former Principal at Paul Samuel Associates said: “We have built the reputation of Paul Samuel Associates on providing a personalised and professional service for our clients – so it was absolutely essential that we found an organisation that matched our core values and would further strengthen existing relationships.
“The team at SBA Property Management are well-equipped and experienced to take forward our existing relationships with clients and tenants across the portfolio and we wish them every success.”
Drawing on over 40 years’ residential experience, SBA Property Management is aligning the business for the future and is seeking opportunities across the commercial, mixed-use, leisure and light industrial sectors to diversify its portfolio.
With a close-knit team of 25 staff, the company prides itself on its ability to maintain personal relationships and offer bespoke services to its clients. This includes relationships such as those with Grant Stanley Chartered Surveyors, with whom the business has been working since 2004.
Tim Darwall-Smith continued: “We are proud to take on management of this prestigious portfolio that Paul’s team has built and developed. Alongside delivering our bespoke services and closely managing relationships, we are updating processes and systems with the latest technologies to enable successful and efficient future client relationships fully-managed by SBA Property Management.