Chestertons strengthens lettings arm with agency acquisition

Chestertons strengthens lettings arm with agency acquisition

Chestertons has expanded its London lettings operation with the acquisition of W Property Consultants, a specialist online agency with a sizeable portfolio of rental homes across the capital.

The deal adds further scale to one of London’s oldest estate agencies, which has been building its presence in the competitive lettings market amid rising demand from international landlords.

W Property Consultants, founded in 2018, has grown rapidly by serving a broad base of clients, particularly overseas investors with properties in prime London postcodes.

The acquisition is expected to bolster Chestertons’ reach in key rental markets and support its strategy of combining traditional high-street coverage with digitally driven management services.

Remote Full-Service Management:
W Property Consultants was set up by London-born business partners Wai Yee Shing and Wai Yee Tang, who established the firm after successful careers in Hong Kong. The business has built a strong reputation among landlords based in Asia, many of whom rely on remote, full-service management.

The deal was advised by GS Verde Group.

Source: PropertySoup