Business
Private equity investor takes majority stake in luxury property brokerage Engel & Völkers
Permira has agreed to buy the majority of Engel & Völkers, which is gearing up to re-enter the UK market.
Global survey reveals what HNW buyers want from a real estate agent
Traditional firms will have to maintain their personal connections and keep up with new tech if they want to see off ‘disruptors’, says international brokerage network.
Purplebricks ditches self-employed agent model
Hybrid estate agency Purplebricks is overhauling its business model, transitioning its network of local sales agents from self-employment to fully employed status.
Trials begin for government-backed digital ID scheme
Centralised verification hub promises to significantly speed up the buying & selling process.
Netflix fame leads to ultra-prime deals for French agency
Kretz & Partners, the family-run firm starring in The Parisian Agency, has just sold an €80m mansion in Paris in collaboration with a well-known ex-Knight Frank agent…
Grosvenor embarks on £300 million regional investment drive
The Duke of Westminster's property firm has set up a new investment team to target residential, office and retail opportunities outside of London, led by Rachel Dickie.
A history of estate agency regulation, 1979-2020
In advance of new ROPA legislation, the House of Commons has published a potted history of estate agency regulation since 1979's Estate Agents Act.
Soho House to open flagship homewares store in Chelsea
Soho Home Studio is launching an "interiors destination" in a former chapel on Duke of York Square
Savills posts record results as residential sales revenue doubles
Like other property PLCs, Savills' profits have surged this year. The firm's UK Residential Transaction Advisory business posted record revenue in H1, nearly doubling (+97%) compared to last year.
Aitch Group to splash £60m on new sites
Boutique developer continues acquisition spree across London & the Home Counties.
How the pandemic has ‘transformed the way buying agents are seen’
"Something that was seen as a luxury before has become essential": With insights from Property Vision, Thea Carroll, Garrington, Haringtons, Prime Purchase and Stacks, PrimeResi explores how property buying…
London Square profits leap as developer boosts pipeline
West London property developer London Square has confirmed its "absolute commitment" to the capital over the next decade, expanding its business to cover a full gamut of tenures, including private sale,…