Leading South London estate agents KALMARs have opened their new office at 366 Old Kent Road SE1, which will service residential, new homes and commercial listings in the local area. The office on Old Kent Road is KALMARs’ second office to open in South London and will operate alongside their existing flagship office at 2 Shad Thames.

The 750 sq. ft. office, which is located in the heart of the Old Kent Road regeneration area, offers services for residential sales, new homes launches and commercial property sales for Old Kent Road, Peckham, Queens Road, Elephant and Castle, Nunhead and Deptford. The office is being headed up Marc Faure, Head of New Homes and Sebastian Kalmar, Residential Sales Director. The office at 2 Shad Thames will continue to operate as KALMARs head office, led by Managing Director Richard Kalmar,

KALMARs will be handling a number of key sales projects from their new office including the launch of a development opportunity Burgess Park View at 14-22 Ossory Road, on sale for £7.5 million. The freehold site has planning permission for 71 residential units and commercial space. KALMARs will also be selling new homes and commercial space at a number of developments contributing to the Old Kent Road regeneration and the estate agent is in discussion with leading developer Avanton to showcase a scale-model of their new Ruby Triangle development in the office, the scheme providing hundreds of new homes.

KALMARs identified the importance of the local Old Kent Road area in 2019 after commissioning a report which revealed that the area is undergoing a £10.7 billion transformation. Tired low-rise retail warehouses and factories are being replaced by new apartment buildings and mixed-use developments, providing 20,000 new homes and workspace for 10,000 new jobs, creating a new town centre for London. Southwark Council have also just been granted £10 million to revitalise the Old Kent Road.

Sebastian Kalmar, Residential Sales Director at KALMARs says: “KALMARs expansion into Old Kent Road is part of the strategic growth of the business. Old Kent Road is one of London’s key regeneration spots and we are now located to service the influx of residential and commercial demand. KALMARs continues to be SE1’s leading estate agents and we look forward to continuing our success in the new Old Kent Road office”

Marc Faure, Head of New Homes at KALMARs commented: “The opening of our new Old Kent Road office provides an exciting opportunity for the business. There is a lot of development in and around the local area, with hundreds of new homes set to launch in the coming months. With a wealth of experience in the area, KALMARs will now be Old Kent Road’s leading estate agents for residential and commercial sales.”

KALMARs was established in 1967 by Michael Kalmar with offices on Gresham Street EC2. In 1977 Richard Kalmar joined his father, Michael, who retired in 2003. In 2012 Richard’s son, Sebastian Kalmar joined the business and is now the Residential Director, working alongside Richard who continues to run and expand the business.

In the 1980s KALMARs sold their Walton Street offices and acquired Jamaica Wharf in Shad Thames where, following the closure of the docks, there were many challenges and opportunities. The company converted the Victorian Wharf building into eight offices, retaining one for their own purposes at 2 Shad Thames. Shad Thames is now a popular and fashionable street, reputed to have more managing directors living there than any other street in London. Now KALMARs are again leading the trend in buying premises in Old Kent Road before any other estate agent and forecast that Old Kent Road will undergo a Shad Thames style makeover.

Due to longevity, success and the focus on south London over the decades, KALMARs is now the leading local estate agent in the local area. No other estate agent is instructed on as many commercial and residential properties. The estate agency typically handles deals for over £600 million worth of sites, commercial and residential property per annum in the south London marketplace.