DEXTERS purchase Marsh & Parsons, creating £180m and 150 workplace property agent, making it London’s largest property agent

DEXTERS, London’s main Property Agent and Chartered Surveyor, has acquired award successful London property agent Marsh & Parsons from LSL Property Companies plc (LSL), creating London’s foremost company working 150 places of work throughout London, with 2,000 colleagues serving over 37,000 landlords and advising on the sale of over £5 billion value of property per yr. DEXTERS promote and let extra property within the capital than anybody else.

The brand new mixed enterprise can have an annual turnover of over £180 million and deal with over 35,000 property transactions each year. DEXTERS will retain the Marsh & Parsons model identify, which may be very nicely famend within the London market, and over the approaching years plan to double the scale of the Marsh & Parsons enterprise consistent with the continuing growth of DEXTERS.

Andy Shepherd, CEO of DEXTERS says: “DEXTERS has acquired Marsh & Parsons as a result of we admire the enterprise which is a well-established London model with a loyal following of shoppers and has a really related tradition to DEXTERS with a concentrate on offering clients with sturdy native experience throughout the capital. We plan to double the scale of Marsh & Parsons, creating a market chief that stands aside from the competitors.”

Justin King, Chairman of DEXTERS says: “The acquisition of Marsh & Parsons is one other essential step within the ongoing development of DEXTERS. The DEXTERS group now has extra native places of work and a higher presence than every other property company in London. DEXTERS group is the market chief providing an unrivalled private service to consumers, sellers, landlords and tenants throughout the capital.”

Marsh & Parsons, based in 1856 and initially led by William Marsh and Frederick Parsons, at the moment has 30 London places of work and over 300 workers. The involvement of the founding households within the enterprise resulted in 1956 and since 2011 Marsh & Parsons has been owned by LSL.

DEXTERS, based in 1993 and led by CEO Andy Shepherd, working alongside Chairman Justin King CBE, has 120 places of work and over 1,700 colleagues, with the group at the moment taking care of over 30,000 landlords and facilitating greater than 28,000 property transactions throughout London each year.

In February 2021, DEXTERS introduced a partnership and main monetary backing from Oakley Capital with a development technique of opening additional places of work and constructing market share by the acquisition of different opponents, alongside increasing the group’s digital presence and providers.

DEXTERS not too long ago introduced the opening of 9 new DEXTERS places of work in south east London positioned in Blackheath, Brockley, East Dulwich, Honor Oak, Ladywell, Lee, New Cross, Nunhead and Peckham Rye.

DEXTERS was 16% up on new directions in December 2022 in comparison with 2021, and applicant registrations had been up by 30% over the festive interval, making for a busy begin to 2023. Many of those enquiries got here from nationwide and worldwide blue-chip corporations seeking to relocate workers to London.

DEXTERS has maintained constant development, rising income by 14% per yr over the past 10 years. DEXTERS has a confirmed observe report of offering first-class service with over 45,000 Google opinions with a median ranking of 4.9 out of 5.

For additional data on DEXTERS go to: www.dexters.co.uk