Dwelly has acquired property management and investment services firm Settio as it expands its reach among international property investors.

The deal adds more than 2,000 fully managed properties to the Dwelly network and brings with it offices in Manchester, Birmingham, London, and Singapore, taking the acquisitions platform’s portfolio under management to 14,000 properties.

Founded in 2017 by Samuel Fitz-Hugh and Chris Parsonage, Settio has built a reputation as one of the UK's leading investor-focused property businesses, managing more than £600 million of property assets and serving clients across 17 countries.

The business was set up to provide a more comprehensive service to international investors buying UK property and now supports investors, landlords, tenants, developers, and homeowners throughout the property lifecycle.

Strengthens

Sam Humphreys, head of M&A at Dwelly, says this acquisition significantly strengthens its international presence and gives the company an established platform from which to support a growing global client base. “As property investment becomes increasingly borderless, the businesses best placed to succeed will be those that can combine local expertise with international reach, and this acquisition represents a major step forward in that regard,” says Humphreys.

Settio’s Parsonage adds that both firms share a belief in challenging the status quo, embracing innovation, and using technology to deliver exceptional outcomes for all stakeholders who interact with Settio.

“The synergy between our organisations, our cultures, and our long-term ambitions is clear, and I’m incredibly excited about what we can achieve together as we continue to shape the future of the property experience sector.”

Pictured l-r: Samuel Fitz-Hugh, Sam Humphreys Chris Parsonage

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