The UK affiliated agency of Warren Buffett’s global real estate company has acquired a historic independent company operating in prime central London.
Berkshire Hathaway Homes Services Kay & Co has snapped up 163-year-old agency Marler & Marler, which has been operating from Sloane Street with a patch covering Knightsbridge, Kensington, South Kensington, Belgravia and Chelsea.
This means that the Kay & Co operation can now add these prime central London neighbourhoods to its repertoire of locations. Currently it has offices in Marylebone, Hyde Park and Kings Cross trading under the Berkshire Hathaway HomeServices London Kay & Co brand. The new location will operate as Berkshire Hathaway HomeServices London Marler & Marler.
Mark Greenland and Alun Jones, partners at Marler & Marler, say: “We hugely admire Berkshire Hathaway HomeServices’ mantra of ‘relationships over transactions’ and their ‘forever agent’ ideology of which they have become revered around the world. We are truly excited about the exceptional opportunity the Berkshire Hathaway HomeServices brand represents and we look forward to expanding the business both in London and nationally - thanks to the global reach of Berkshire Hathaway HomeServices - and embarking on this new chapter.”
In 2020 the Buffett empire’ agency business - Berkshire Hathaway HomeServices global franchise network - had 1,462 offices, 50,490 sales professionals and achieved $138.8 billion in sales.
Earlier this week its London presence unveiled a new website.