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Chestertons expands overseas as it seeks to regain its 1990s glory days

The firm has been busy over the past year adding franchised offices and territories, making it the third largest UK agency in the world.

Nigel Lewis

chestertons

Chestertons says it has made significant new steps forward in its bid to catch up with its key rivals in the prime international property market.

This follows the opening of six new territories over the past 12 months plus a new operation announced today in Cyprus.

The estate agency, which is most famous for its 30 non-franchised central London offices, also operates in 21 countries through a franchising arrangement.

Chestertons, which has 100 branches in total across the globe, still has some way to go before it can rival Knight Frank, which operates in 57 countries, and Savills, which is in 70 countries.

But it used to be much bigger – during the nineties it had 156 offices in 57 countries and described itself as ‘one of the largest and most recognised property firms in the world’.

Huge strides

jamie chestertsonsJamie McMullan, Chief Operating Officer of Chestertons Franchising UK & Europe (pictured), says the estate agency is making ‘huge strides’ towards being a significant rival once again to its more established competitors.

“Building on the impressive growth seen so far over the last year, our franchise offering is attracting interest from across Asia, the Americas and additional European locations,” he says.

“The local knowledge we are adding to the Chestertons network will mean we are exceptionally well placed to support clients as the world moves towards opening up, but it also means we have a more resilient business.

“We continue to be on the lookout for like-minded partners that can share in our brand, technology and extensive international network.”

May 5, 2021

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