BNP Paribas Real Estate UK and Strutt & Parker announce merger

BNP Paribas Real Estate has acquired Strutt & Parker.

Strutt & Parker’s residential, rural, development and planning teams will continue to operate under the Strutt & Parker brand, while the commercial arm of the business will operate under the BNP Paribas Real Estate brand.

Strutt & Parker is a leading name in the U.K. real estate market. With 60 offices across the United Kingdom, Strutt & Parker offers its corporate and private clients a wide range of property services, covering all real estate assets (rural, residential, retail, logistics and offices).

The expertise of Strutt & Parker, the second biggest player in the U.K. rural market and third largest in residential, will represent a new service offering for the U.K. subsidiary of BNP Paribas Real Estate, thereby enabling it to broaden its range of services.