Northern Ireland

Estate agent Reeds Rains to stay in Northern Ireland

Reeds Rains
Image caption Six Reeds Rains branches will continue to operate in Northern Ireland

Estate agent Reeds Rains has said it is to continue to operate in Northern Ireland under new ownership.

In December, it said it was reviewing its branch network in Northern Ireland.

Three local estate agents - Ryan Andrews, Michael Graham and Nigel Favas - have bought the business under a franchise management buy-out.

Two branches - in Andersonstown, west Belfast and in Portadown - closed before Christmas.

The others, on Belfast's Lisburn Road, Lisburn, Newtownards, Glengormley, Carrickfergus and Bangor, are to remain open.

The company said they will absorb customers from the two branches which have closed.

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