Savills acquires leading independent estate agent in Marlow, Buckinghamshire
Savills announced that it has acquired Granville Residential, one of the best known independent estate agents covering the Marlow, Maidenhead, Bourne End and Cookham area in Berkshire and Buckinghamshire. Granville Residential joins Savills network of 89 residential offices across the UK and an international network of over 700 offices.
Occupying a prime position in West Street, Marlow, Granville Residential was initially founded in 1991 as a specialist letting agency which then evolved to offer a full estate and letting agency service. The office will complement Savills existing local network of offices in Windsor, Henley-on-Thames, Beaconsfield and Amersham.
Justin Marking, Head of Savills Residential says “This acquisition follows our strategic decision to invest in our lettings division. This particular business also offers us the opportunity to increase our market share of sales in the Marlow area which has long been a target and I can see it working really well with our existing local offices.”
Jane Cronwright-Brown, Head of Lettings for Savills says ‘Our acquisition of Granville Residential complements our office network in the region. We are looking forward to having a base in Marlow and Savills can now offer even greater support, coverage and accessibility to our clients, buyers and tenants in the area. We are delighted to have completed on the purchase and very pleased to announce that the original team of five staff members will be joining Savills with immediate effect. . The firm has a very well established lettings operation and its excellent reputation for advice and service dovetails perfectly with our ethos at Savills.”
Mark Ridley, CEO Savills UK and Europe says ‘ We are delighted with this strategic acquisition and we continue to invest in our residential lettings and sales platform”