Editor's note: This brief was summarised by The Property AI Team from a report by Property Industry Eye. Read the original article for full details.
Parkers Opens Basingstoke Office After Double Acquisition
Parkers has opened a new office in Basingstoke following the acquisition of two independent estate agencies in the town. The agency acquired Property Explorer and Barons earlier this year and has now integrated both businesses into its Basingstoke operation.
The move expands Parkers’ presence across Hampshire, adding to its existing network of offices in Tadley, Newbury, Reading, and surrounding villages. The Basingstoke office will be led by franchise owners Simon Gregory, Simon West, and Ben Mitchell.
The acquisitions have provided Parkers with an existing property management portfolio and an established presence in Basingstoke. Parkers has retained staff from the acquired agencies and has also added an experienced local manager to the team.
The new Basingstoke operation will offer residential sales, lettings, block management, and financial services. The franchise owners plan to grow the agency’s market share in the area over the next 12 months, and Parkers also has plans for further expansion into other major towns.
Source: Property Industry Eye