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.
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.
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Buyer exchanges on £70mn London property in pre-Budget mega-deal
What jitters? Agency ties up one of the largest super-prime sales of 2024, just days before the biggest fiscal event in years.
Survey: The prime resi sector’s hopes & fears for this week’s Labour Budget
Changes to Capital Gains Tax, Stamp Duty & non-dom status are causing concern amongst PrimeResi's panel of business leaders ahead of Wednesday's Autumn Statement.
Super-prime mansion project in Jersey seeks buyer
Currently in shell and core form, the rare new-build will be delivery turnkey to its new owners following a fit-out by a 'globally recognised' team of designers.
Kaye & Carey founders move on
Matthew Kaye and Adam Carey have closed their 21-year-old Knightsbridge estate agency, but remain in the PCL property arena.
London is ‘still by far Europe’s most mature & expensive high-end residential market’
New CBRE analysis takes a deep dive into the capital's luxury living sector, and how it compares to other wealth hubs.
New super-slim skyscraper in Dubai will ‘work with nature rather than against it’
In Pictures: Muraba collaborates with Pritzker Prize-winning RCR Arquitectes on 'daring' luxury resi project that draws on ancient design techniques.
Meriam Lock-Necrews on putting homes at the heart of Battersea Power Station’s redevelopment
Two years after the regenerated Battersea Power Station opened, BPSDC's Head of Residential shares insights into how the project created a sought-after residents' experience within a new mixed-use neighbourhood
Green light for old Hampstead Police Station development
Redington Capital and dMFK Architects have secured planning consent for the reinvention of a Grade II listed landmark building in prime North London.
Talking Heads: Property industry leaders’ Autumn Statement wish lists
What announcements would you most like to see in this week's Budget event, that would benefit the UK housing market?
Talking Heads: What property industry leaders fear most from the Autumn Statement 2024
Of the tax and housing proposals floated by the Chancellor ahead of this week's Budget event, which do you think would have the biggest impact on the prime property market and why?
LATEST ARTICLES
‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
‘This Budget raises taxes by £40bn’: Reeves targets second homes, inheritance, capital gains & non-doms
Stamp Duty on additional homes is going up from tomorrow, but there's no change to CGT on residential property.
‘Frantic’ night for HNW advisors following Chancellor’s SDLT surprise
Buyers given hours to get deals over the line before higher rate kicks in - but will there be a longer-term impact on the PCL market?
£30mn ‘masterpiece’ sold in west London
10,000-plus sq ft freehold townhouse on the banks of Regent's Canal is one of Little Venice's finest.
Developers build up an appetite for sites
Growing positivity in the development land market is yet to translate into deals, reports Savills.