UK-based Dwelly acquires property management and investment services firm Settio, managing a portfolio of 14,000 units

en.Wedoany.com Reported - Dwelly has acquired Settio, a property management and investment services company. With clients across 17 countries, this acquisition marks Dwelly's seventh deal completed in 2026 and has added offices in Manchester, Birmingham, London, and Singapore.

Following the acquisition of Settio, Dwelly's network has gained over 2,000 fully managed properties. Founded in 2017 by Samuel Fitz-Hugh and Chris Parsonage, Settio manages over £600 million in property assets, serving clients in 17 countries through its UK and Singapore operations.

This transaction brings Dwelly's managed investment portfolio to approximately 14,000 properties nationwide.

Sam Humphreys, Head of Mergers and Acquisitions at Dwelly, stated that this acquisition is extremely significant for Dwelly, representing a new frontier for the business. Settio has built an international platform connecting investors worldwide with UK real estate market opportunities. Humphreys noted that the acquisition enhances Dwelly's international presence and provides a platform to support its global client base. Lucy Noonan, Founder and CEO of Atomic Consultancy, commented that this acquisition exemplifies Dwelly's strategic growth pursuit in the rental sector, with Settio demonstrating qualities such as scale, strong recurring revenue, a managed investment portfolio, international reach, and a focus on service and innovation.

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