£143m estate agent set to create up to 200 new roles following latest partnership

London based independent chartered surveyor and estate agent Dexters has entered into a new partnership with Conran Estates, an established agency in South East London, further boosting the group’s office network and market share in London residential sales and lettings.

Conran provides sales, lettings, new homes, land and valuation services. Established in 1999 and led by co-founding director Oliver Powell, Conran has offices in Greenwich, Brockley, Charlton and Lee.

The new partnership with Conran is part of Dexters’ ongoing plans to further expand its London office network and follows a wave of partnerships over the last 12 months with estate agents Roy Brooks, Douglas Martin, Peter James, Sebastian Roche and lettings/property management firm Howsy.

In June 2022, Dexters issued its 2021 Report and Accounts which showed a 32 per cent rise in revenue to £143.3m (2020: £108.7m) and a 75 per cent increase in operating profit to £40.6m (2020: £23.2m).

Dexters has focused on “prudently reinvesting” profits and growing the office network through new partnerships with local market leaders like Conran, the opening of new offices, and the creation of more jobs. The group plans to create up to 200 new opportunities to join the Dexters Academy in 2022/2023.

Andy Shepherd, CEO of Dexters said: “London has bounced back from the disruption caused by the COVID-19 pandemic and continues to be an attractive investment for local and international clients, and it is important that Dexters continues to expand and thrive, which is why we are delighted to have entered into this new partnership with Conran.

“This further strengthens our presence in South East London and we have long been an admirer of Conran which has excellent local market knowledge and a talented team.”

Oliver Powell, co-founding director of Conran says: “Conran is delighted with the partnership with Dexters which is a highly well managed and financed group. The Dexters brand is respected and trusted by both Londoners and international customers and clients, and matches perfectly the independent thinking and principles we hold so dear at Conran.

“We are excited to be part of Dexters’ ongoing success, with the group’s office expansion and enhanced digital activities creating a strong foundation for further increases in revenue and future expansion.”

Dexters, founded in 1993 and led by CEO Andy Shepherd, currently serves over 30,000 landlords and facilitates more than 28,000 property transactions across London per annum.