Historic estate agent bought up
Estate agent Strutt & Parker has been snapped up by the real estate division of French bank BNP Paribas.
The historic firm, which has branches in Canterbury and Sevenoaks, will be merged with the property services firm’s UK subsidiary in September. Senior partner Andy Martin said the deal, which brings together 1,500 staff, gives the business “new impetus in a constantly-evolving global market”.
The agency was founded by school friends Edward Strutt and Charles Parker in London in 1885 and has 60 offices.