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Foxtons is to expand its London-based chain of 56 estate agency branches with two new sites by the end of the year.
Foxtons is planning to expand its London-based chain of 42 estate agencies with up to ten new branches a year between 2014 and 2018, and will raise £55m in a flotation.
Foxtons, the estate agency chain with outlets across London and the South East, is expected to be acquired by private equity firm BC Partners for about £250m.
Foxtons is planning to open a further 20 residential estate agency branches by 2013.
Foxtons, the London-based estate agency, is to be acquired by private equity firm BC Partners for an estimated £400m.
Foxtons is seeking a suitable 200,000 sq ft site for a new headquarters for its London-based estate agency business, and expects the 260 staff to grow to 680 over the next two years.
Foxtons, the London-based estate agency with 1,200 staff in the UK, is considering plans for a £400m flotation, in order to fund its expansion programme in the US.