Hamptons International has acquired residential agent Preston Bennett.
The North London-based agent provides a range of property-focused services including residential sales, new homes, planning, and land and development services.
The acquisition is part of Hamptons’ plan to expand its UK network, which includes 72 branches across London and the South.
Marc Goldberg, head of residential sales at Hamptons, said: “Hamptons International has expanded its network by some 18% over the past two years and the purchase of Preston Bennett is a key part of the company’s continuing growth strategy into relevant markets.
“Preston Bennett is a powerhouse agency with an exceptional profile and reputation in the Stanmore area in both the new homes, planning and sales markets. The acquisition will allow us to bridge the gap between our highly successful group of offices in Herts and south Bucks and those in north London.”
Sue Fisher, managing director, Preston Bennett, added: “We are delighted to be part of Hamptons International and we are looking forward to expanding our services to our loyal clients. It signals a new and exciting chapter for the company, allowing us to fuse our strong local market knowledge with Hamptons International’s UK network and resources.”
annabel.dixon@estatesgazette.com