Surrey-based PLC Centro buys rival estate agency Christies

first_imgHome » News » Agencies & People » Surrey-based PLC Centro buys rival estate agency Christies previous nextAgencies & PeopleSurrey-based PLC Centro buys rival estate agency ChristiesResidential and commercial agency Centro PLC and Surrey-based Christies are to combine, creating a business with a £1m+ turnover.The Negotiator21st December 201801,499 Views Centro and Christies Board of Directors Sutton based lettings firm Centro PLC has bought Christies Estate Agents Limited in Cheam to create a business with a turnover of £1,000,000 from residential sales, lettings and financial services within the multi-disciplined Centro Group. It also brings together two well established, family run businesses.Christies’ Director, Andrew Richardson stays as Residential Sales Director and all Christies’ staff members join Centro. Christies’ brand will remain.Ray Harwood FRICS, Chairman of Centro, said, “When we founded Centro nearly 30 years ago, our vision was to get exactly where we are today. We are satisfied the transition will move us on to our realistic short-term turnover of circa £5,000,000, with a strong asset base of three times that figure.”Andrew Richardson, Christies Estate Director and now Residential Sales Director within the Centro Group, added, “I have thoroughly enjoyed five decades of success in this challenging yet ultimately rewarding field and am extremely excited at the prospect of working alongside the Centro team.”Mayfair acquisition Centro PLC Cheam Christie’s estate agents December 21, 2018The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img

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