Cortland has acquired Qdime Group, a U.K.-based, market-leading residential property management service business with more than 30,000 units under management.
The investment confirms Cortland in the top 10 largest block management providers in the United Kingdom. Cortland, which owns and operates nearly 70,000 rental units in the United States, has exported its proven resident-centric rental model to their U.K. build-to-rent, leasehold and other private rented sector operations – offering U.K. residents a better living experience and more housing options.
“Cortland recognizes a major opportunity to elevate the U.K. rental experience,” said Steven DeFrancis, Cortland CEO. “That is why in 2019, when we entered the U.K. property management sector, we made a commitment to deliver our proven U.S. resident-focused management expertise and services to U.K. residents. With the acquisition of Qdime, we will be able to expand our services and footprint across the country
