London Estate Agent Dexters Owner Exploring Potential Sale: Sky

Private equity firm Oakley Capital is exploring a potential sale of London’s biggest estate agency chain that could value it at more than £500 million ($673 million), Sky News reported on Saturday, citing sources it didn’t name.

Barclays Plc was being lined up to advise on a potential sale of Dexters London Ltd, although it wasn’t clear whether the bank had been formally hired yet, according to the report. Oakley acquired a majority stake in Dexters in 2021, holding roughly 60%, Sky said.