Global estate agency, Chestertons Global Franchise Holdings Limited, has announced that Chestertons Cyprus has joined its expanding network, which has seen rapid growth over the past year.
Since Chestertons Ionian, headquartered in Corfu, was welcomed on board as the first Global Franchise Partner in early March 2020, the business has gone from strength to strength, with new teams joining the Chestertons network in the following locations: Barbados, Antigua & Barbuda, Portugal, Morocco, the Costa del Sol, Gibraltar and now Cyprus.
Chestertons Cyprus, headed up by Principal Andrew Constantinou, has launched its first office in Paphos, with plans for additional offices in the works. With the Portugal and Costa del Sol openings bringing five offices apiece to the network, the new franchise offering has secured 16 offices in total to date, increasing the number of property listings on the global business’ books by 300%.
Chestertons expands overseas as it seeks to regain its 1990s glory days
The firm has been busy over the past year adding franchised offices and territories, making it the third largest UK agency in the world.
Nigel Lewis 5th May 2021
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Chestertons says it has made significant new steps forward in its bid to catch up with its key rivals in the prime international property market.
This follows the opening of six new territories over the past 12 months plus a new operation announced today in Cyprus.
The estate agency, which is most famous for its 30 non-franchised central London offices, also operates in 21 countries through a franchising arrangement.