Dexters secures new financial commitment and ideas much more estate company branches and choosing spree

D

exters, London’s premier independent estate agency, is established to go on a using the services of spree and open up a lot more branches soon after securing new financial investment from a personal equity business.

Oakley Capital has agreed to spend an undisclosed sum in the chain which was established by Jeff Doble in 1993 as a one branch in Twickenham. The Dexters management crew will also commit.

Nowadays Dexters has 87 branches and it is searching to broaden that to above 100 around the following 3 decades.

The company also plans to hire 400 additional workers, including to its existing 1200-sturdy complete-time workforce.

Oakley Cash, founded by serial entrepreneur Peter Dubens, is an trader in Time Out and has backed on the net actual estate classifieds organizations these kinds of as Casa.it in Italy.

New backing comes just after a potent second fifty percent for the estate company sector. Lockdown restrictions for the housing current market eased in May past 12 months, and there has been pent-up need for moves. A stamp duty holiday break has also enticed prospective buyers.

Doble, chairman of Dexters, explained: “Even with the worries of Brexit and Covid-19, Dexters has continued to construct sector share and existence across London.”