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IN BRIEF: Zentra posts formation of property management joint venture

13th Jan 2026 06:57

Zentra Group PLC - Manchester, England-based residential developer focused on the north of England - Enters into a joint venture with property management professional Connor Moylan to enhance the firm's assured shorthold tenancy lettings and property management capability via a new subsidiary, ZPAS Ltd. Zentra says: "The group already provides residential lettings and property management services through its existing subsidiary, Zentra Property Services Ltd. The formation of ZPAS is intended to improve the scalability, operational focus and quality of the group's AST lettings and management activities, while avoiding the addition of senior fixed overhead at Group level. The JV does not replace the existing property services offered by the group, which will continue to operate alongside the JV."

Connor Moylan is a Manchester-based property management professional with experience in residential lettings and management. He says: "I'm pleased to be joining the team at Zentra and to be part of the next stage in the company's journey. Property management is already an important part of the group's offering, and my focus will be on building on that foundation by delivering a consistent, hands-on lettings and management service that improves outcomes for residents, landlords and the group."

Current stock price: 2.63 pence each on Aquis Exchange

12-month change: down 25% from 3.50p each on February 3

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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