Property management group Dwelly has acquired Kensington-based lettings agency Shaws, marking its ninth acquisition in 2026 as the company continues its expansion strategy across London.
The deal adds approximately 250 fully managed properties to Dwelly’s portfolio, bringing the group’s total properties under management to more than 14,000 nationwide.
London expansion strategy
Founded in 1994, Shaws operates across Kensington, West Kensington, Barons Court, Hammersmith and Fulham, with a focus on the Queen’s Club Gardens area. The acquisition follows Dwelly’s previous London transactions involving Settio and Eden Harper.
The deal comes as London’s rental market faces ongoing challenges amid regulatory changes and supply constraints. Dwelly cited strong rental demand in the capital as a driver for the transaction.
Shaws managing director Dan Glewis will continue in his role following the acquisition. Dwelly stated it will maintain the agency’s existing team and local market knowledge while implementing its technology and operational systems.
Consolidation trend
Sam Humphreys, head of M&A at Dwelly, said: “Continuing to invest in London is a hugely important part of our long-term strategy as the capital’s rental sector continues to be underpinned by exceptionally strong demand for high quality homes.”
The acquisition reflects broader consolidation activity in the lettings sector, with larger groups acquiring established local agencies. Humphreys emphasised the importance of retaining Shaws’ team and existing landlord relationships in the transaction.
The deal adds to Dwelly’s growing presence in London’s lettings market, though the company has not disclosed the financial terms of the acquisition. With nine acquisitions completed in 2026 to date, the group appears to be maintaining an active acquisition strategy across multiple markets.
