Savills has bought east London property services firm Currell as part of its east London expansion.
The agent said the acquisition would bolster Savills’ existing east London office network in Islington, Shoreditch Wapping and Canary Wharf.
Currell was established in 1990 and specialises in lettings, residential development and block management, with additional operations in residential sales and new homes.
The company has joined Savills with immediate effect, though will trade under the Currell name and branding for the next few months.
James Sparrow, chief executive at Savills UK and EMEA, said: “East London offers an exceptional opportunity, particularly as Crossrail comes on stream, and the area is considered to offer relative value when compared to some of London’s other neighbourhoods.
“We have admired Currell for many years. Its culture, location of its offices and market sectors in which it operates complement our existing rentals, sales and residential development businesses extremely well. This acquisition allows us to be at the forefront of the increasing interest in east London.”
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