10%-plus price cuts “are not uncommon” in today’s PCL
Vendors are "re-basing their expectations", reports The Buying Solution
Sotheby’s recruits Knight Frank man to lead PCL expansion plans
UK Sotheby’s International Realty has recruited Knight Frank's Simon Tollit as Sales Director.
By Prime Resi
PCL transaction levels running at 35% below five-year average
In the first quarter of 2015, there were 35% fewer transactions across PCL than there were, on average, in the last five years, notes buying agency Turnbull Property.
By Prime Resi
Mayfair penthouse sells for £19.5m (a 400% price increase in 16 years)
A penthouse on Park Lane has just sold for £19.5m, breaking the £4,000 per square foot barrier and achieving a 400 per cent appreciation since being sold by the same agent in 1996.
By Prime Resi
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Knight Frank launches self-employed broker network
The 130-year-old estate agency has identified 36 London patches for affiliate brokers, as it looks to expand its sales coverage.
By PrimeResi
Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
Savills snaps up top-end London lettings firm
Acquisition sees PCL veteran Mark Tunstall return to the agency as co-head of super-prime lettings in the capital.
Strutt & Parker recruits Knight Frank Private Office dealmaker Robinson
Super-prime specialist joins broker team as BNP Paribas-backed agency continues to scale PCL operations.
Harrods Estates duo Dougramaji & Harte join Strutt & Parker
BNP Paribas-backed agency boosts Knightsbridge & Belgravia team as top PCL operators move on from Harrods Estates.
Agency reports £37mn deal run on Hamilton Terrace
Five sales tucked away on one St John’s Wood street, including two sizeable houses just last week.
My Property Career: Quickfire Q&A with Charles Leigh
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Resi developer & investor team up for €150mn luxury Marbella project
Major Spanish housebuilder confirms a 'strategic expansion' in the prime residential arena.
By PrimeResi
In Pictures: Brand new Wentworth mansion with rare fairway access seeks £21.5mn
Buyer sought for 18,000 sq ft new-build on prized 1.42-acre plot.
Allsop recruits former Savills director to lead new planning department
'We are pressing on with our strategy of growth in complementary business areas,' says property consultancy boss.
By PrimeResi
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Prime-focused firm is looking to grow its presence in the new-build market.
Chestertons Global expands into India
'India is one of the most compelling real estate growth stories globally,' says CG boss Mohamed Mussa.
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Fine & Country moves into Madrid
Alejandra Santos & Carlos Rojo have taken on the estate agency's licence in the Spanish capital.
By PrimeResi