Abrahmsohn on OTM's proposed £100mn takeover: 'CoStar must be licking its lips in anticipation of hoovering-up this bargain basement deal'
Glentree boss and OnTheMarket founder argues £99mn is 'a pedestrian bid' and suggest 'there must be a few more golden nuggets in the treasure chest to be enjoyed, before calling time on this offer.'
Mere Portals: On the week when Goliath met David on the internet
Last week's successful launch of OnTheMarket.com demonstrates to the big media groups that agents can do the job just as well, if not better, says Trevor Abrahmsohn...
OnTheMarket to be sold to American real estate data giant in £100mn deal
'The acquisition of OnTheMarket represents an attractive and efficient entry point for CoStar into the estimated £8 trillion United Kingdom residential property market,' says CEO Andy Florance.
By PrimeResi
OnTheMarket posts record profits but warns of ‘tougher trading conditions’ to come
Increased spending by estate agents has boosted the property portal's revenue, but a 'higher than expected' number of agents are cancelling contracts as the property market slows.
By PrimeResi
Most read
Former CEO brings ‘significant whistleblowing case’ against Battersea Power Station owners
Lawyers say Don O’Sullivan's case 'raises very important questions about the integrity of financial reporting at Battersea', allegations that the company strongly denies.
By PrimeResi
DDRE reports £89mn in sales so far in 2026; boosts headcount to 55
Expanding PCL brokerage chalks up big-ticket deals and lands first resi development instruction.
Buyer swoops on £19.95mn apartment at The OWO
Deal agreed in just seven days for Raffles-serviced residence at landmark Whitehall scheme.
In Conversation: Lucie Hirst on prime market misconceptions and the new rules of buying
Buying agent Lucie Hirst discusses pricing realism, off-market networks and shifting demand across London and the Cotswolds.
£81mn London property portfolio frozen
UWO granted over 85 flats as Crown Prosecution Service probes source of funds.
Bidder bags Belgravia duplex for under £1,000 psf
Three-bed apartment between Eaton and Sloane Square sold at auction last week.
Ranked: The UK’s ‘best places to live’ in 2026
The Sunday Times unveils its influential annual rundown, with Norwich crowned the overall winner and Richmond taking the top spot in London.
Knight Frank toasts £1bn sales milestone at King’s Cross
Agency closes out long-running sales programme at 'transformational' 67-acre regen scheme.
Lending in the Shadows: What the MFS collapse means for London’s prime property market
Is the high-profile failure of the bridging lender indicative of a wider issue in property finance, or an isolated incident - and what can we learn?
South Ken Station’s mixed-use redevelopment ‘gathers pace’
Property developer Native Land is working alongside TfL and Places for London, to deliver 50 new homes and revamp the PCL transport hub.
By PrimeResi
LATEST ARTICLES
Lending in the Shadows: What the MFS collapse means for London’s prime property market
Is the high-profile failure of the bridging lender indicative of a wider issue in property finance, or an isolated incident - and what can we learn?
In Pictures: Inside Gunter & Co’s £9.6mn apartment at 60 Curzon
London studio joins roster of designers at the 32-home Mayfair scheme, where sales recently topped £270mn.
£81mn London property portfolio frozen
UWO granted over 85 flats as Crown Prosecution Service probes source of funds.
ChatGPT ‘almost blew up’ $50mn property deal, claims US super-broker
'It is a good job I’m here when ChatGPT offered opposite answers,' said Ryan Serhant.
By PrimeResi
Prime London Property Market Snapshot: Week 12, 2026
Last week's tally of agreed sales was 49% lower than in the same seven-day period in 2025.
By PrimeResi