Company Insights

Reliance’s newest acquisition expands Melton presence

December 02, 2021

Reliance expands its footprint in the City of Melton with the acquisition of another rent roll. On the 1st of December the Reliance Melton office under the impeccable leadership of Sandy Rana acquired a boutique rent roll of 87 properties.The latest acquisition of Property West Realty is a strategic step in becoming one of the most recognisable and successful independent agencies in Victoria.“Sandy is a tremendous leader who has a long track record of attracting the best agents and those who share our vision’ says CEO, Sunil Kumar. Reliance Melton are currently home to list of 25 team members and two offices within the City of Melton, over the past four years the Melton branch has becoming number one agents in all the markets they serve.This acquisition is the fourth for the Reliance network in the past two years, totaling over 1,150 properties acquired throughout Melbourne’s Western suburbs. The Reliance network now cares for over 2490 managements making it one of the leading property management agencies in Victoria. The Reliance Head Office team now plays host to a structured growth and acquisition team led by General Manager, Stevie Bell and backed by the business support team.“Reliance have seen significant growth over the past year – two new office locations, 37 new team members and two rent roll acquisitions in 2021, we are incredibly proud of all our team members effort it has all contributed towards our success” says Bell.

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