24/7 hotline proves a hit for Hamptons
Agency reports strong take-up after going all-hours, with over a third of people getting in touch on a Sunday
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Rightmove’s revenue & profits have taken a big hit this year
UK's biggest property portal reports a 34% drop in revenue and a 43% fall in operating profit after offering a 75% discount support package to agents during lockdown.
By PrimeResi
Rightmove takes hit on membership numbers as agencies struggle with cash flow
The UK’s biggest portal has seen a 3.8% fall in its membership base since the start of the year - a loss of 620 agency branches and 135 new homes developments.
By PrimeResi
New index profiles 100 top SME property developers
Founders of the Real Developer Index 2020 say we should be celebrating the heroes of property development rather than dwelling on the bad apples.
By PrimeResi
Most read
Luxury London developer falls into administration
Begbies Traynor appointed to boutique firm behind a number of top-end resi projects across the capital.
£500mn RBKC scheme ‘back on track’ after Ardmore collapse
Construction restarts on 462-home project under new main contractor as developer reports nearly £40mn of early off-plan sales.
Knight Frank bolsters London-based Turkish team
Two new recruits join as agency reports ‘significant’ flow of capital from Turkey into the new homes market.
Super-prime fit-out specialist eyes £100mn turnover amid resi push
130-year-old firm behind interiors at The Peninsula and The Londoner expands residential offering with three of London’s most anticipated luxury schemes in the works.
Zara billionaire picks up Marylebone rental block for £150mn
Amancio Ortega's Pontegadea has made a notable play in London's built-to-rent arena.
By PrimeResi
Deal sealed on £15mn Claudio Silvestrin-designed Hampstead villa
The near-8,000 sq ft LA-style residence, described as the ‘epitome of minimalist cool’, went to a European family relocating to London.
Brokerage pulls off £48mn Belgravia hat-trick
Big-brand agency defies tough market conditions to complete three super-prime deals in as many weeks, as younger international wealth turns its attention to one of PCL’s traditional strongholds.
In Pictures: 19th-century Notting Hill dairy reborn as boutique resi scheme
Echlin delivers a 'deliberately restrained' take on warehouse living at Black Treacle’s new eight-unit development near Queensway.
Former buying agent’s prime property network chalks up nearly £4bn of listings
Two-year-old platform doubles down on high-end market with nearly 500 agents signed up and over £3bn of live buyer searches.
Facebook founder buys Irish castle
Mark Zuckerberg & Priscilla Chan have reportedly acquired the 440-acre Strancally estate in Waterford in an off-market deal.
By PrimeResi
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LRG to buy 200-year-old southern counties estate agency
Henry Adams, which traces its roots back to 1826, will share a parent company with Farrar, Stirling Ackroyd and Chancellors.
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American real estate behemoth takeover completes
Real completes $880mn acquisition of Re/Max, forming 180,000-agent global brokerage giant.
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Who really owns that £20mn townhouse? The red flags property advisers need to know
Required Reading: Sanctions have raised the stakes when it comes to navigating complex ownership structures. Anthony Hanratty explains what prime property professionals should be looking for.
English Mayors handed powers to call in planning applications
New regime will give regional leaders authority over strategic schemes, with ministers consulting on intervention in developments as small as 50 homes
By PrimeResi
South East resists national ‘YIMBY’ mood
Mortgage lender's research includes useful insights for property developers about attitudes towards new resi schemes.
By PrimeResi