Hamptons has created a new international department after its latest acquisition.
The agent this week revealed it has acquired Venres, a specialist agency promoting residential developments and new homes into international markets.
This will help create the new Hamptons International Residential Department.
The department will focus on bespoke and tailored advice for developer clients to help them more effectively sell to international markets.
The team has successfully launched several major London projects, selling to more than 20 nationalities.
This year alone they have sold over more than 80 units, the most exclusive of which was Christian Candy’s flagship penthouse in Holland Park, guiding at £16.95m.The acquisition builds on the success of Hamptons’ recent new homes expansion which saw its established residential development business expanding its offering in the south and south west of England, resulting in a network of 12 New Homes ‘hubs’ to support its 90-plus office network.
Tom Hawkins, head of Hamptons London Residential Development said: “We are thrilled to welcome Venres’s specialist team based in London and key overseas markets into the Hamptons family.
"We were very impressed by what the Venres team has achieved since its inception and see them as a key service line in the Hamptons Res Dev offering.
“The company has built an impressive global network focussed on connecting London to international buyers and their results are fantastic.”
Matt Goldsworthy, director of Venres, added: “I launched Venres with the desire to tackle international property markets in a different and more cost-effective way for my developer clients. I wanted to penetrate the international markets without having to rely on large marketing budgets, but to focus on clever digital marketing and the strength of relationships.
“Hamptons was an obvious partnership and will see an excellent marriage of both our buyer profile and housing demand, and the Hamptons’ market positioning and developer client base. The collaboration will see us build on what the residential development division has already established and create a boutique and all-encompassing offering to better service our developer clients.”
Mary Beeton, head of Hamptons residential sales and residential development said the international offering was always an area that the brand wanted to invest in.
She said: “We wanted to ensure that we partnered with the right business and like-minded individuals.
“Venres’s innovative approach and impressive international reach left us in no doubt that this will be an exciting and successful collaboration. We are thrilled that this acquisition will allow us to better service new and existing developer clients.”