Carter Jonas profits fall against ‘challenging market conditions’
Property consultancy has seen fee income rise but profits fall.
Winkworth reports ‘a slower sales market but ongoing strength in lettings’ as profits slide
Estate agency's pre-tax profits have slumped by 24% compared to last year, while total revenues are down 5%.
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.
eXp rolls out platform for brokers who ‘outgrow their position in the market as a solo agent’
The new 'Teams' initiative is 'the next step in the evolution of the self-employed model,' says estate agency boss Adam Day.
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Luxury brokerage drafts trio of seasoned Central London agents from Savills
Mayfair-based property firm confirms more high-profile signings & trails its 'next phase of growth'.
Regent’s Park trophy mansion reportedly finds a buyer at £139mn
One of London's biggest ever luxury home sales.
Westminster approves Valouran retrofit scheme in West London
Luxury developer to bring The Whiteley site offices back into use as a mix of 'design-led' homes, a restaurant and a bar.
Grosvenor sells massive stake in Mayfair to Norwegian wealth fund
Norges Bank Investment Management has taken a 25% stake in a £1.2bn property portfolio around Grosvenor Street and Mount Street.
Interview: Ultra-prime property investor & developer George Brooksbank on trophy homes, HNW trends & why London remains the capital of the world
'Developing homes is our business, and we are very good at it': PrimeResi meets the boss of Fairway Capital & Leconfield to discuss crafting timeless residences, the new generation of luxury buyers & the…
In Pictures: On the market for the first time in 700 years, seeking £21mn
Ripley Castle in Yorkshire has been home to the Ingilby family since the early 1300s.
DDRE Global founder to star at major US real estate industry event
Daniel Daggers will discuss what international expansion means for brokerages at the Inman Connect Conference in New York this week; as his luxury-focused firm reports a 70% rise in US buyer searches.
Prime Central London prices down by over 20% since 2014
Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.
Knight Frank completes digital client portal rollout
Agency adds suite of online tenant & landlord functions as part of latest CX upgrade.
UAE developer brings on football icon as ‘brand adviser’
Major Developers is collaborating with World Cup winner Francesco Totti.
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Home Counties prices slide by 9% in a year
'It’s clear that buyers were able to secure some great deals last year', reports Investec, as average reduction tops £150k.
Herman Melville’s historic London home goes hunting for a buyer
Georgian end-of-terrace where Moby Dick author once lived could be 'one of the most spectacular townhouses on the Embankment', say agents.
£45k per week: Inside London’s biggest rental deal of the past year
UHNWIs have been splashing the cash on ultra-luxe short lets, including this 8,000 sq ft contemporary mansion in Notting Hill.
Scotland’s prime property market sees ‘a significant recovery’
Transactions are up but many sellers are having to rein-in price expectations.
Thousands more construction & property firms on the brink of collapse
Insolvency firm reports 'historic' rise in number of businesses in dire financial straits as economic outlook worsens.