October 2, 2023
Our acquisition of Chestertons in 2005 provided the perfect, strategic synergy to our portfolio
Established in London in 1805 and a founding member of the Royal Institution of Chartered Surveyors, Chestertons is one of the most recognisable brands in central London real estate. Mercantile Group acquired Chestertons in 2005 and has invested heavily to expand the business across central London and in 2020, it sold more prime central London property than any other agency. The brand and business are being rolled out globally via newly developed franchise model.
Chesterton Global Limited (UK Business)
Our UK business is one of the most successful and highly respected real estate agencies in London. In 2020, Chestertons was named the ‘Lettings Agency of the Year’ at the prestigious Resi Awards in London and was also confirmed as being the agent to have sold the most properties in Prime Central London.
Although Chestertons is a heritage brand, proud of its rich history, it is also one of the most agile and innovative businesses in the industry: it boasts a passionate young leadership team; invests heavily in technology; and was the first large UK agency to be certified as Carbon Neutral.
Employing nearly 500 people, the business has been built to be extremely resilient and over 60% of its revenue is generated from the lettings business.
For more details about our UK business, click here.