BNP Paribas in takeover talks with estate agent Strutt and Parker
March 16, 2017
It is being reported on various media outlets that BNP Paribas France’s largest bank is in takeover talks with upmarket estate agent Strutt & Parker.
It would appear from reports that discussions over a deal have been ongoing for a number of months, the French bank has taken a keen interest in buying the estate agent’s commercial property arm, but they may join forces with another group to take on the residential estate agency business.
Strutt and Parker is one of Britain’s oldest independent property agents set up in 1885, specialising in selling high-end homes in London and the country, including the managing of farmland.
The French bank BNP Paribas employs around 7,500 people in the UK, they recorded revenues of 43.4 billion euro (£37.7 billion) for the last financial year.
Both Strutt & Parker and BNP Paribas have reportedly declined to comment.
You May Also Enjoy
The UK cities with the largest property price increases revealed
A new study has unveiled the most challenging UK cities for first-time buyers. Newry leads Northern Ireland’s ranking, with a property price increase of 12.8%, while Hull leads Great Britain’s ranking, recording an increase of 6.6%. The research examined data from HM Land Registry to reveal the cities that have faced the highest property price…
Read More 
The UK’s Most Expensive Property Hotspots Revealed
More than one in three homes sold in Camden last year fetched at least £1 million, making it the UK’s leading million-pound property hotspot in a new study of England and Wales. But despite London’s dominance at the top of the rankings, the research reveals a surprising trend: median sale prices in several expensive London…
Read More 
Lloyds House Price Index – October 2026
House prices in October 2026 were 1.2% lower compared to the same month a year earlier. House prices fall in October as market remains subdued • House prices fell by -0.6% in October, following a -0. 1% decrease in September • The average property price is now £29 6 ,285 , compared to £29 8…
Read More 
Britain’s most affordable towns revealed
Britain’s most affordable towns revealed, where homes cost less than two years worth of household earnings Zoopla reveals 36 British towns where a typical home is worth less than twice the combined annual earnings of two local full-time workers Across Great Britain, a typical home costs 4.3 times annual household earnings, compared with just…
Read More 
Bank of England raises rates to 4%
The Bank has raised interest rates by 0.25 percentage points to 4%. Policymakers were unanimous in their decision. Here is the reaction from the industry. Nathan Emerson, CEO at Propertymark, comments: “As the Bank of England continues to navigate wider economic pressures, including rising inflation, it comes as little surprise that base rate decisions remain…
Read More 
Breaking Property News 5/11/26
Daily bite-sized proptech and property news in partnership with Proptech-X. The Greatest Return on AI May Not Be the Work It Eliminates, but the Human Potential It Releases Time to look at artificial intelligence as a growth engine that upgrades humans working life Thought Leadership By Author Andrew Stanton CEO Proptech-PR For decades, businesses have…
Read More