Business & People
LSL profits tumble, but remain above pre-pandemic level
LSL's Estate Agency brands made a £1mn operating loss in the first six months of the year, largely as a result of "extremely slow" exchange speeds.
‘Our performance was not good enough,’ says Purplebricks boss as instructions, revenues & profits plunge
Purplebricks handled 31% fewer instructions in its latest full financial year than in the previous 12 months.
Capco sees West End property value climb; Shaftesbury merger on track to complete by the end of the year
Capco's Interim Results for H1 illustrate how London and the West End is bouncing back from the pandemic.
LRG launches new property auctions brand
Daniel Gale has been promoted to run Leaders Romans Group's new First for Auctions brand.
Luxury Portfolio International signs up 12 new brokerages
Real estate network makes its first foray into Singapore and the Caribbean islands of Antigua and Barbuda with latest raft of signings.
OnTheMarket CFO resigns
Plc confirms Clive Beattie is off to ‘pursue another opportunity’.
Studio Indigo adds to management team
Luxury design specialist Olga Fox has joined the Chelsea-based practice from Millier.
Rightmove revenues jump despite traffic falling back
Estate agents are spending more than ever promoting property listings on Rightmove - despite house-hunters spending less time browsing the portal.
Planning Inspectorate boss quits
Sarah Richards will step down as Chief Executive of the Planning Inspectorate - which runs top-level planning decisions in England - later this year.
Lettings revenue helps Foxtons ‘get back on the front foot’ as CEO changes
Foxtons says interim CEO Peter Rollings has made "significant progress against plans to reset the business and get back on the front foot," in advance of new boss Guy Gittins taking the reins in September.
Cadogan recruits placemaking chief
Giles Semper’s leadership at GO! Southampton played a key role in the city’s bid to be a UK City of Culture 2025.
Engel & Völkers reports 17% jump in commission revenues
The group brokered £19bn worth of real estate worldwide during the first half of 2022