2018 was one of the toughest markets ever – Foxtons boss
Agency expects adjusted EBITDA to plummet 80% as sales volumes continue to fall
What to read next
Foxtons picks former Hamptons chief Rich as Chair
Former Hamptons Chair Nigel Rich CBE will take over as Chairman of Foxtons Plc from Ian Barlow on 1st October.
By PrimeResi
‘Too brutal’: Rollings opens up about Foxtons’ heyday
Listen: Peter Rollings - formerly Managing Director of Foxtons and of Marsh & Parsons - has spoken candidly about the estate agency business in a podcast run by eXp agents Scott Gunn and Ben Moore.
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Lloyds Bank’s Citra aims to be Britain’s biggest private landlord by 2025
Citra Living plans to build a massive portfolio of 50,000 private rental properties over the next ten years, according to reports.
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Changing of the guard at Knight Frank’s National Country Department
‘Stan’ Matthews steps up to lead £400mn-a-year operation after 23 years with the agency.
Warwick revives 1880s Notting Hill terrace as luxury resi scheme
Four top-spec residences will be released to the market throughout the autumn.
Billionaires’ Row mansion changes hands for £30mn
Official records reveal big-ticket resi deal on one of north London's most famous addresses.
US buyer lands super-prime pied-à-terre at The Whiteley
PCL buying agency sources off-market 3,000+ sq ft apartment at landmark Bayswater scheme, amid signs of 'real momentum' returning to the prime London market.
Knight Frank appoints new Group CFO
'Knight Frank is primed for growth and I am looking forward to helping deliver this,' says Chris Davis.
By PrimeResi
High-profile royal mansion heading for the private rental market?
Former home of Andrew Mountbatten-Windsor has 30 rooms and is said to cost £400k-a-year to run.
HMRC wins high-stakes developer tax battle
Tax authority said £5.4mn dispute potentially had £1bn implications.
Time vs Money: Ollie Marshall on the changing calculation for Britain’s wealthy
Top buying agent on the expats who left to preserve their money - but may ultimately return to preserve their time.
Trio of seasoned London agents sign to D&G’s self-employed broker model
Tania Smith, Dinishka Jayasena & Charlie Rosling previously held senior roles with the likes of Foxtons and Winkworth.
By PrimeResi
‘Ever increasing taxes cannot continue’: Charles Curran on fear, flight & the changing PCL market
The Maskells boss weighs up the impact of tax uncertainty on prime London – and spots an opportunity amid the gloom.
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