Jefferies London has acquired independent estate agency Grange London as it expands its presence in the the capital’s prime lettings market.
The deal adds a managed portfolio of more than 100 properties to Jefferies London’s business, allowing its partner agents to offer a fully managed lettings service alongside residential sales.
Grange London, which is based in Paddington, will continue to operate with its existing team, with Mez Callender and Christina Lipper remaining in their leadership roles.
The acquisition is the latest step in the company’s expansion plans. Jefferies London said it has increased headcount by 30% this year and aims to almost double its network of partner agents by the end of 2026.
The company also highlighted its investment in technology to support its agents, including the development of its proprietary AI assistant, J.E.S.S.E., which it says has improved operational efficiency.
Damien Jefferies, founder of Jefferies London, said: “Grange London has built an excellent reputation and a fantastic managed portfolio, making it a natural fit for our business.
“We’ve invested heavily over the last couple of years in both people and technology because we believe the future of estate agency isn’t about replacing great agents with AI, it’s about giving great agents better tools to succeed.”
Comments (1)
Interesting update on the property market. The expansion through acquisition highlights the importance of growth strategies and adapting to changing demands in the real estate industry. Speed Stars