The London agency is taking over a boutique rival, more takeovers are ahead

London agency David Astburys Group has taken over a boutique agency in the north-west of the capital.

It has acquired Excel Property Services, known for its high-end leasing and management services in the Hampstead area: Excel has been operating there for over 30 years and has a strong reputation for international corporate housing services, particularly those working with Japanese conglomerates.

The David Astburys Group – founded in 2017 by Aaron Cox, George Sifonios, Yianni Aresti and Nik Depal – has moved away from the corporate agency model and focused on what they call a “client first” model.

The acquisition of Excel Property Services will give the company a third office after opening branches in Crouch End and Islington in 2017 and 2022 respectively.

Co-founder and managing director Aaron Cox says: “Excel Property Services has a fantastic track record of success and a loyal customer base, making it the perfect fit for David Astburys. Their client-centric approach and legacy in the North West London property market is outstanding and we are delighted to continue this and build on the foundation they have created.

David Astburys, which it considers the most rated office in the UK, with over 1,700 reviews averaging 4.9 stars, says the latest acquisition strengthens its presence.

Cox says more acquisitions are expected, adding: “We are actively looking for additional acquisitions and would welcome the opportunity to speak to other owners who are considering selling their business. Please contact us, we would love to hear from you.”