‘Buoyant’ property market pushed Winkworth’s 2022 profit above forecasts
'It will be hard to match the strength of the conditions witnessed in 2022,' says estate agency boss, Dominic Agace, but Winkworth is 'less downbeat than the consensus on the outlook for prices' in 2023.
LSL posts record profits, but warns of a sharp housing market slowdown in 2022
"We expect mortgage and housing transactions to revert to pre-Covid levels with geopolitical uncertainties adding to existing inflationary pressures," says LSL boss David Stewart.
Connells Group revenue falls 13% on ‘less frenetic’ property market
The owner of estate agencies including Hamptons and John D Wood "remains positive" despite falling revenues.
Winkworth’s revenue slumps from 2021’s ‘extraordinarily strong’ performance
"Our first half results are not flattered by the comparison with the extraordinarily strong first half of 2021," comments CEO Dominic Agace, "but show that our business has developed well since the last…
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Boutique agency House Collective opens in West London
'Opening a physical space felt like a very natural evolution,' says high-end property firm as it debuts new base in Notting Hill.
Philip Harvey: Why the wealthy are voting with their feet
'Most of the demand we’re seeing now is less about "going somewhere"...it’s more about clients wanting to leave something behind,' writes Property Vision's senior partner.
Cluttons boosts Chelsea team as London resi drive continues
Heritage property agency brings in experienced operators from Berkshire Hathaway & Savills to run its high-profile base in SW3.
Domus Nova expands with global tie-up & new PCL office
'Design-led' boutique estate agency partners with Paris-based Barnes International & launches new branch in South Kensington.
Buyer sought for rare mixed-use development opp in Mayfair
'Exceptional' site in London's most exclusive neighbourhood has a GDV of around £12mn.
Luxury brokerage brings in Savills duo to boost SW London coverage
UK Sotheby’s International Realty recently announced a 'strategic expansion' into the region, targeting key markets including Fulham, Clapham, Wandsworth, Putney, Barnes, Wimbledon & Richmond.
Savills boss Ridley to step down this year
Property Plc confirms succession plans as long-standing Group Chief Exec announces retirement.
UK property becoming safe haven by default – Knight Frank
The government has sent the wrong message by scrapping non-dom status, but any negativity has been dwarfed by the wider commotion on global financial markets this month, explains the agency's Tom Bill.
Ex-Foxtons trio joins Berkshire Hathaway HomeServices in London
Stella Krizanec, Camilla Goodfellow & Sami Ounzar have all made the move to Martin Bikhit's top-end estate agency.
Knight Frank appoints new sales head in Queen’s Park
Dylan Brooks has been leading the agency's core sales teams in Belsize Park & Hampstead since 2022.
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Prime global cities index: Price growth holds steady as outlook becomes more uncertain
Asia-Pacific & the Middle East continue to lead the recovery, reports Knight Frank, but it's a mixed picture across Europe's key luxury markets.
Revealed: What does the ‘average mansion’ cost around Britain?
'Size doesn’t always matter,' says Savills, as the research team delves into what makes a mansion a mansion in different parts of the country.
DDRE Global adds more advisors; reports £145mn Q1 deal run
Five-year-old brokerage, now 50-strong, tucked away some big off-market transactions during the first quarter.
Weekly Showcase: Ten featured prime resi listings
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Savills reworks resi leadership team in Edinburgh
John Forsyth steps up to lead the estate agency's residential sales operation in the Scottish capital.