Two international estate agency networks have announced expansion plans, with Fine & Country opening its first Madrid office and Chestertons entering the Indian market through a strategic partnership.
Fine & Country Spain has signed a licence agreement for the Spanish capital, appointing architect Alejandra Santos and Carlos Rojo, chief executive of Madrid restaurant group Lamonarracha, to lead the operation. The office will focus on residential sales and lettings in the higher price brackets.
Chris Hara, chief executive of Fine & Country Spain, said: “Launching in Madrid is a landmark moment for Fine & Country Spain. This is a hugely important step for the brand, as it marks the first Fine & Country office to open in the capital.”
India market entry
Chestertons Global has partnered with BSE-listed advisory firm Justo Realfintech to establish operations in India. The arrangement creates Chestertons India Private Limited as a wholly owned subsidiary of Justo, operating under the Chestertons brand.
The move extends the Chestertons network to more than 20 countries across Europe, the Middle East, Africa, the Americas and Asia. The expansion follows recent agency consolidation activity in the UK market, including strategic hires among London-focused firms.
Mohamed Mussa, managing director of Chestertons Global, said: “India is one of the most compelling real estate growth stories globally, and we have been looking closely at this market for some time. In Justo, we have found a partner with strong local credibility and a disciplined approach to advisory.”
The India operation will target premium and super-premium segments, including residential sales, commercial leasing, cross-border investment advisory, capital markets services and hospitality. Pushpamitra Das, chairman and managing director of Justo Realfintech, said operating under the Chestertons brand would provide access to an established international network and recognised advisory standards.
Both expansions reflect continued international growth among UK-headquartered estate agency brands, particularly in markets with developing high-value residential sectors.
