Business
Connells picks up Alchemy’s Countrywide stake
Alchemy Partners has offloaded its 2.73% stake in Countrywide to Connells, having previously pitched itself as a rival bidder for control of the business.
Grosvenor’s Tredwell joins PCL developer
Grosvenor Estate alumnus Mark Tredwell has joined luxury property developer REDD as Head of Development, as the firm looks to raise £200m to expand its prime resi pipeline.
Final Connells-Countrywide takeover vote slated for 15th Feb
Countrywide will hold a Special AGM next month to vote on the proposed Connells takeover
Online & hybrid estate agency penetration picks up in central London
Hybrid/online estate agencies' market share of UK property exchanges remained at 8% in 2020, despite a 10% increase in the proportion of new instructions from 2019.
John D Wood launches high-end refurb division; makes two senior appointments
145-year-old estate agency brand John D Wood has set up a "bespoke project management" arm to help clients with high-end property refurbishments
RICS to hold ‘comprehensive’ reviews of governance & ‘ongoing purpose’, following reported scandal
The Royal Institute of Chartered Surveyors has ordered an independent review into "the events that took place in 2018/19", and broadened the scope of an internal review of the organisation's "ongoing purpose…
Winkworth expands in East Anglia
Franchise network pushes on with its national office rollout, adding a new branch near Norwich to cater for Londoners fleeing the capital.
Trendy estate agency launches ‘talent show style’ recruitment campaign
Mr and Mrs Clarke is looking to swell its self-employed ranks and to recruit a new in-house sales manager.
New lettings boss at Knight Frank in Knightsbridge
Arya Salari steps up to run the lettings team at the high-profile branch, as Tom Smith moves over to focus on the super-prime offering.
Octagon’s exec chair to step down
Colin Tutt is to retire from the luxury housebuilder after 35 years.
The Modern House founders target ‘marvellous historic homes’ with new estate agency, Inigo
Matt Gibberd and Albert Hill unveil new venture named after the 17th-century architect who sparked a revolution in British building design.
Interview: Knight Frank’s Tim Hyatt on team morale, market resilience & the future of estate agency
On April 1st 2020, when the UK had been in lockdown for exactly nine days, Tim Hyatt took over the management of Knight Frank’s UK residential business and joined the group executive board. H