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.
Following its success in London, Chestertons established its MENA business in 2008. The business has grown organically since then and now operates from offices in Abu Dhabi, Ajman, Bahrain, Dubai, Fujairah, Qatar and Sharjah, with plans to open offices in Egypt, Libya, Oman and Saudi Arabia in the near future.
Headquartered in Dubai, the business provides a full range of real estate advisory services including: acquisitions; disposals; commercial and residential leasing and sales; facility and property management; strategic consulting; and valuations. It has also recently set up an International New Homes division specialising in off-plan sales across the globe.
For more details about our MENA business, click here.
In 2019, Chestertons launched a franchise offering for overseas entrepreneurs wanting to benefit from Chestertons’ well-established brand, operating procedures, training and development and technology. There are now Chestertons franchisees in over 12 countries operating out of 70 offices.
Each of Chestertons’ franchisees has access to the tools and resources that have enabled Chestertons to excel in London – one of the most competitive real estate markets in the world – and that can help them become more successful in their own market.
Chestertons is continually seeking out the best operators in the market to join its global network of businesses that work together to share learnings and provide an enhanced service offering to clients.
If you are interested in operating a Chestertons franchise and joining one of the fastest growing agency franchise businesses, download our brochure and get in touch with our team.