Business & People
Countrywide acquisition & disposals help quadruple Connells’ profits
Connells "continues to look for investment and acquisition opportunities", says CEO David Livesey, as pre-tax profits jump from £17.2m in H1 2020 to £80.2m in H1 2021.
Fine & Country expands in the West Country
Plymouth-based Stuart Donnington has bought into the estate agency franchise, taking on a large territory that straddles Devon and Cornwall.
Rightmove revenue bounces back as agents’ spending reaches a record high
Estate agencies are spending an average of £1,163 per month per branch with Rightmove; that's 11% more than in 2019.
Foxtons posts ‘best first half results since 2016’ as sales revenue rockets
Foxtons Group revenue climbed to £66.9m in the first six months of this year, 66% up against 2020 and 29% up against 2019. Sales revenue has surged by 86% compared to 2019's level.
Carter Jonas recruits new Holland Park head
Polly Wattridge has joined Carter Jonas as Head of Residential in Holland Park, after three years with Featherstone Leigh.
UK real estate sector ‘continuing to struggle’ despite booming housing market
Nearly 80,ooo firms were classified as being in significant financial distress in Q2.
Estate agency chief & institutional adviser team up to launch new investment brokerage
Tim Van der Schyff and Nina Elliott’s new venture will cater to ‘sophisticated investors’
Housebuilding industry launches Future Homes Delivery Plan
The Future Homes Task Force has published a "sector-wide climate and environment plan for high quality homes and places".
Record month for Knight Frank’s London sales teams
Monthly and quarterly records fell as buyers rushed to beat the stamp duty deadline.
Ex-Savills & Romans man launches ‘world’s first pay-to-view property platform’
Michael Riley’s new venture, ViewRabbit, promises to ‘sort serious movers from nosey neighbours, holidaymakers, wannabees and tyre kickers’ by charging an upfront viewing fee of £30.
Interview: Sarah Waller of The Knightsbridge Estate on the rise of luxury build-to-rent
Earlier this week, PrimeResi took an exclusive look at The Olayan Group’s plans to deliver a major new super-prime BTR scheme in the middle of Knightsbridge.
Where is everybody? Five reasons why there are not enough estate agency candidates
Demand for estate agents is running high but there are fewer job-seeking candidates than ever before; property recruitment consultant Anthony Hesse explains why...