Bumper profits continue for big-league housebuilders
Following on from Redrow's impressive 21% leap, the UK's biggest player, Barratt Developments, reports a 9.2% jump in pre-tax profit; but the market in London and the South East 'lacks urgency', according to Berkeley Homes
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
Berkeley expects profits to tumble by 30% next year
Housebuilder's latest set of results 'represent a peak' as headwinds continue to blow in London
By PrimeResi
Ranked: The ten richest housebuilders in the UK
It's been a very good 12 months for the big players...
By PrimeResi
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Super-rich buyers line up for Caudwell’s 1 Mayfair residences
£2bn Central London development tops out; claims world’s longest 'waiting list' of centi-millionaires & billionaires.
Deal sealed on rare quadruple lateral on Eaton Square
Sprawling short lease proposition created 'quite a stir'.
Penthouse at forthcoming boutique Mayfair scheme achieves £5,000 psf
Half of the units at Three Kings Mayfair have been snapped up off-plan.
Boutique luxury developers secure consent for ‘landmark’ Notting Hill scheme
Echlin & Bodker have been given the green light to create six luxury townhouses & two apartments on Lansdowne Walk.
By PrimeResi
PCL agency Tedworth brings in new lettings boss from Hamptons
The Sloane Street-based firm is looking to accelerate its lettings offering.
Super-rich buyers line up for Caudwell’s 1 Mayfair residences
£2bn Central London development tops out; claims world’s longest 'waiting list' of centi-millionaires & billionaires.
Former Knight Frank chief to chair Grosvenor’s UK property business
Alistair Elliott will take over the high-profile role from Melanie Gee in January.
American brokerage giant Compass set to buy @properties & Christie’s International Real Estate
'Game-changing partnership' promises to 'take the Christie’s International Real Estate network to unprecedented heights' while giving America's biggest brokerage a presence outside the US for the first t…
By PrimeResi
Trio of seasoned agents join The London Broker
Expanding high-end brokerage signs up Adam Carey, Silvina Paz & Ryan Steenfeld-Kristensen.
Bangladeshi corruption investigations raise alarm over London property market
'This is a test for the UK government to demonstrate it can fulfil its ambition of being the anti-corruption capital of the world,' says Transparency International.
By PrimeResi
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