London agency snaps up boutique rival, more acquisitions to follow

London agency snaps up boutique rival, more acquisitions to follow


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London agency David Astburys Group has snapped up a boutique agency in the north west of the capital.

It’s acquired Excel Property Services, known for its high-end lettings and management services in the Hampstead area: Excel has worked there for over 30 years, with a high-profile reputation for international corporate housing services, particularly for those working with Japanese conglomerates.

David Astburys Group – founded in 2017 by Aaron Cox, George Sifonios, Yianni Aresti, and Nik Depala – broke away from the corporate agency model to focus on what they call a “Client First” model. 

The acquisition of Excel Property Services gives the firm its third office, following the opening of branches in Crouch End and Islington in 2017 and 2022 respectively.

Co-founder and managing director Aaron Cox says: “Excel Property Services has a fantastic history of success and a loyal client base, making them the perfect fit for David Astburys. Their client-focused approach and their legacy in the North West London Property Market has been remarkable, and we’re thrilled to carry that forward and build upon the foundation, which has been created.

David Astburys – which has what it believes is the most reviewed agency office in the UK, with over 1,700 reviews reaching an average of 4.9 stars – says the latest acquisition strengthens its footprint.

Cox says other acquisitions are expected and adds: “We are actively looking for more acquisitions, so would welcome the opportunity to speak to any other owners, who are considering the sale of their business. Please do get in touch, as we would love to hear from you.”

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