Business & People
Savills looks to recovery with lessons learned from the GFC
Agency has taken a similar approach to 2008/9, when conditions were also beyond control, to mitigate the impact of market shutdowns;
Hill teams up with Bioregional for affordable eco-home drive
New housebuilding JV aims to deliver innovative zero-carbon homes with "permanently protected" reduced prices.
Billionaire brothers go to court over asset sharing letter
The Hinduja brothers are embroiled in a High Court case over a six year old letter which states that “assets held in any single brother's name belong to all four”.
How it feels to steer a proptech start-up through a crisis
2020 was going great guns for Tom Reiss and the AI assistant he created for rental agencies and property managers - until the world was turned upside down by a global pandemic;
Strutts bolsters senior team; hints at digital shift & London expansion
Venerable national agency names new heads of regional, rural estates, new homes & London divisions;
NAEA boss warns ‘Covid fatigue’ could force another property market lockdown
"If the sector is seen to be abusing the safety rules, the Government has the right to withdraw its consent to keep the housing market open," warns Mark Hayward, Chief Executive of the National Association…
Property portals extend Coronavirus discounts
OnTheMarket and Rightmove are offering discounted prices for another two months. "It will also take time for agents to build a pipeline of vendors and new sales instructions," says Rightmove.
Rightmove takes hit on membership numbers as agencies struggle with cash flow
The UK’s biggest portal has seen a 3.8% fall in its membership base since the start of the year - a loss of 620 agency branches and 135 new homes developments.
PCL projects deliver boost for brickmaker
York Handmade Brick Company has posted a record year after completing two major schemes in Kensington & Marylebone
Gary Hersham on mega-deals, expansion plans & the future of luxury real estate
INTERVIEW: A titan of the super-prime scene, Gary Hersham has been brokering mega-deals for the last four decades - and remains the first port of call for many of the world’s wealthiest househunters.
New Head of Residential for Carter Jonas in York
Rachel Macpherson has stepped up to run the York team after a successful career in Prime Central London.
Taylor Wimpey raises £500m for a major post-lockdown land-buying spree
"We are now seeing a significant opportunity to invest in land at attractive prices," says UK housebuilder, as it tees up a £500m acquisition offensive.