Belvoir Estate Agents is now owned by The Property Franchise Group plc (TPFG), following a merger completed in March 2024. After the merger, Belvoir shareholders own approximately 48.25% of the combined entity, while TPFG shareholders hold about 51.75%[1][8].
Belvoir operates under a franchise model, meaning that while the national Belvoir brand is owned by The Property Franchise Group plc, each individual Belvoir office is locally owned and operated by independent franchisees[4][5]. The ultimate holding company, The Property Franchise Group plc, controls the brand and the central corporate support structure for all Belvoir offices[2][4].