Home Breaking News London agency uses cash injection to hit acquisition …

London agency uses cash injection to hit acquisition …

London agency uses cash injection to hit acquisition trail

Dexters, which final week secured a reported £130m in new funding for the approaching years, has snapped up the historic Roy Brookes agency within the south east of the capital.

Roy Brooks has two workplaces and in years previous had a repute for superstar vendor shoppers together with Anne Widdecombe, Hardy Amies, Nigel Lawson, Jenny Agutter, Terry Jones and Anthony Gormley. Brooks himself died in 1971 having constructed a repute for brutally sincere property descriptions in ads within the Sunday Times and Observer newspapers. 

Dexters chief government Andy Shepherd says: “We have lengthy been an admirer of this iconic enterprise and it’s gifted workers, who we very a lot look ahead to working with. 

“Dexters has a particular strategy to the trade combining a robust native presence, exhausting work and feet-on-the-ground with state-of-the-art net, advertising and PR. This mixture has made us the market chief in London for gross sales, lettings and property administration. 

“We are dedicated to serving to to develop Roy Brooks Estate Agents and have an preliminary three 12 months plan to work intently in strengthening and increasing the enterprise. We have the assets to release the native workplaces to allow them to focus absolutely on their shoppers and their property.”

He says the acquisition marks the beginning of a brand new wave of growth into east and south east London; Dexters presently has 70 branches throughout the capital and needs 30 extra on account of the large funding introduced final week from Oakley Capital. 

Over the subsequent three years Dexters says it plans additional growth “into the capital’s profitable new properties, build-to-rent sectors and the company and worldwide lettings market and to develop its on-line presence with extra on-line and social-media advertising.”