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
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Valouran assembles top team for £200mn Bishops Avenue scheme
The super-prime developer's flagship North London project, Bishops Avenue Gardens, is due to launch this autumn.
The Times: Is London’s housing market on the edge of freefall?
PCL agents report steep ultra-prime slowdown as tax changes drive flight of international buyers.
‘A lot has changed over the last six months’: Savills slashes 2025’s house price growth forecast
But the five-year outlook for the mainstream market has been slightly upgraded.
By PrimeResi
Rumourmill: Reeves ‘to defy’ wealth tax calls
Chancellor reportedly distances herself from proposals to raid the rich.
John D Wood & Co recruits former Foxtons Ops Director
Shaun Lloyd-Griffiths joins longstanding prime agency as it navigates an 'important period of growth'.
Is the Prime Central London market ready for the Great Wealth Transfer?
Alpa Bhakta explores 'a profound generational & cultural transition that could have a significant impact on how & where money is spent, saved & invested.'
By Alpa Bhakta
Savills appoints new sales chief in East London
Jen Holmes has risen from valuer to Head of Sales in under five years.
By PrimeResi
Binghatti reports record H1; rolls into Knightsbridge
The luxury UAE developer's profit surged almost threefold in the first six months of 2025 amid strong demand for Dubai real estate.
Rightmove halves growth forecast as asking prices record biggest July dip
Property portal now expects average asking prices to rise by just 2% through 2025, although transaction volumes remain strong.
By PrimeResi
Renovated A-list Cotswold farmhouse seeks £22.5mn
'Kitesbridge Farm is a landmark estate blending historic charm with modern architecture and top-tier design,' says UK Sotheby’s International Realty.
By PrimeResi
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Rightmove revenue & profits jump 10%
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By PrimeResi
eXp Realty expands into Japan
The move heralds 'a complete reset' for Japan's real estate brokerage industry, says boss Ken Tanaka.
By PrimeResi
‘We’re kicking ass’: Michael McHale & Sam Patterson of KIRE on rewriting the estate agency rulebook
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AED400mn Abu Dhabi mansion sets new price record
Aldar's beachfront house in Faya Al Saadiyat features interiors by 1508 London.
By PrimeResi