Dwelly has swooped on its seventh acquisition of 2026 in a bid to break into international markets, snapping up property management firm Settio – with an established office in Singapore among its assets. The UK agency's latest deal significantly expands its portfolio and brings the company's total managed properties under one roof to around 14,000.
The acquisition sees Dwelly take control of more than 2,000 managed properties, adding to its existing operations in Manchester, Birmingham, and London. Settio, founded in 2017, has carved out a niche supporting UK property investors – particularly those from overseas – with a focus on international clients spanning 17 countries.
Settio currently manages over £600 million worth of assets for its clients worldwide, demonstrating the company's substantial global footprint. The acquisition is expected to bolster Dwelly's international presence and provide a platform to support an expanding client base as property investment becomes increasingly borderless.
Sam Humphreys, Head of Mergers and Acquisitions at Dwelly, hailed the deal as "hugely important", praising Settio's "exceptional international platform" that connects investors globally with UK property opportunities. He noted the strong reputation built through impressive organic growth, highlighting an opportunity to combine local expertise with global reach.
Settio co-founder Samuel Fitz-Hugh expressed enthusiasm for joining Dwelly, citing a commitment to client experience and transparency often lacking in the property sector. He believes Dwelly's investment in technology, operations, and personnel will create substantial opportunities for Settio's team and clients.
The deal reflects the broader trend of UK property agencies expanding their international reach as global interest in the UK market grows. The move is also expected to contribute to the UK Government's efforts to promote the country as an attractive destination for investors, with the Department for Business and Trade continuing to monitor foreign investment into the UK.