Chestertons acquires independent St John’s Wood estate agency

Agency COO Richard Davies says the London agent is always looking to grow its network by purchasing well run businesses.

 

Chestertons, London’s oldest estate agency, has continued its expansion plans with its acquisition of Behr & Butchoff – a boutique agency in St John’s Wood that has been operating since 1984.

Located on St John’s Wood High Street, Behr & Butchoff is a multi-disciplinary agency, covering residential sales, lettings and property management across St John’s Wood, Primrose Hill, Hampstead, Swiss Cottage, Maida Vale, Little Venice, Regent’s Park and Marylebone.

UNDISCLOSED SUM

The deal, which completed on 24th May for an undisclosed sum, sees Chestertons absorb Behr & Butchoff’s sales and lettings business into its London network.

Behr and Butchoff
Behr & Butchoff is located on St John’s Wood High Street

Richard Davies (main picture), Chestertons’ Chief Operating Officer, says: “Chestertons has a strong presence across London but we are always looking to grow our network with strategic acquisitions of established, well-run businesses.

“Behr & Butchoff’s highly experienced and knowledgeable team has been providing its clients with top-level services for over 30 years and we will look forward to continuing that relationship with them, while giving them access to some of the tools, technology and services that Chestertons offers. “

The deal follows a number of other acquisitions by Chestertons including Henry & James, Morgan Randall, London Residential and Snell & Snell.

INTERNATIONAL PRESENCE

Employing nearly 600 staff, Chestertons has over 30 offices in London and an international presence, which has recently been bolstered by its partnership with Forbes Global Properties.

On Monday The Neg reported Chestertons has appointed Ian Barrett, Foxtons’ former South Kensington Operations Director, as Sales Director for its Kensington branch.

This weekend Chestertons will be the headline sponsor for this year’s Polo in the Park tournament – one of London’s most popular events attracting 30,000 people over three days in June and one of the biggest polo tournaments in the world.


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