Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.

Dwelly Acquires Settio in First International Expansion, Adds 2,000 Properties

Dwelly has completed the acquisition of Settio, a property management and investment services business, marking its seventh acquisition of 2026 and its first expansion outside the UK. The deal adds more than 2,000 managed properties to Dwelly’s portfolio and brings new offices in Manchester, Birmingham, London, and Singapore.

Following this acquisition, Dwelly now manages around 14,000 properties nationwide. Settio, founded in 2017, specialises in supporting UK property investors, particularly overseas buyers, and manages more than £600 million of property assets for clients across 17 countries.

The acquisition broadens Dwelly’s reach into international property investment, providing the business with an established presence in the Asia-Pacific market alongside its existing UK operations. This move continues Dwelly’s acquisition strategy, which has focused on expanding through established property businesses.

For UK letting agents and inventory clerks, the deal signals further consolidation in the property management sector and highlights the growing importance of international investors in the UK property market. The addition of Settio’s portfolio and expertise may also influence operational practices and client expectations, particularly in supporting overseas landlords and investors.