Business & People
Estate agents are earning much less now than in 2008
Analysis of ONS data indicates that the average estate agent's salary has fallen by a third (once inflation has been accounted for) since 2008; that's more than most other professions
MIPIM organiser names new UK head
Rohan Marwaha is now Reed MIDEM's Regional Director for the UK, responsible for delivering October's MIPIM UK Summit
‘Revolutionary’ development appraisal tool launches in beta
London-based start-up Aprao is aiming to 'streamline' the appraisal process with advanced cloud-based tech, and has already attracted the attentions of some big-name firms...
Amazon partners with US real estate brokers for a new home-buying platform
Realogy - which owns property brands including Century 21, Coldwell Banker and Sotheby's International Realty - has teamed up with online retail behemoth Amazon to drive buyer introductions
Prime Resi Industry Reactions: Boris Johnson declared as the UK’s new leader
The Conservative Party has elected the controversial Brexit-loving former Mayor of London, Boris, as its new leader; he will take over as Prime Minister from Theresa May on Wednesday
Boutique PCL developer switches focus to outer London
After delivering a raft of schemes across the prime postcodes, Portobello Trust is now on the lookout for sites in outer-lying areas of the capital, ranging in size from £1m and £5m
Bold & Reeves bolsters luxury property management team
George Peech joins the Mayfair-based firm to look after properties measuring in excess of 20,000 square feet
CBRE signs up to ‘deposit-free’ payment platform for private tenants
Payment technology firm flatfair allows tenants to pay a regular 'membership fee' rather than a lump sum deposit
Government ‘opens formal negotiations’ with the property industry for a ‘built environment sector deal’
The Ministry of Housing, Communities & Local Government and the Department for Business, Energy & Industrial Strategy have penned a letter "confirming the government will open formal negotiations on a…
Pidgley offloads a million Berkeley Group shares
The boss of Britain's most influential housebuilder has trimmed his stake by a fifth
London estate agency fined £80k for data security breach
The Information Commissioner’s Office has fined estate agency firm Life at Parliament View Ltd, after thousands of customers' personal details - including bank statements and passport copies - were…
PCL buying agency Aykroyd & Co launches property management arm
Savills' Natasha Willis joins the Mayfair advisory to spearhead the rollout of a new division