Business & People
The Celebrity Premium Myth And Why Michael Jackson’s Neverland Ranch Is Finally Priced To Sell
As Michael Jackson's Neverland Ranch sees another dramatic price cut (the asking price has dropped from $100m in 2015 to $31m now), Forbes explores whether a celebrity owner has any real impact on a property's…
Countrywide reports widening losses but ‘remains confident’ on delivering turnaround
UK's biggest estate agency group blames Brexit uncertainty for continued market weakness, but says turnaround strategy is getting things back on track
US developer claims portal published ‘inaccurate’ info about his $150m mega-mansion; sues for $60m
High-profile developer Bruce Makowsky files lawsuit against Zillow, claiming the real estate giant published 'misleading, false, and inaccurate information' about his $150m Bel Air super-home that 'corrupts…
Boutique Chelsea agency branches out with new Kensington base
Family-run firm Russell Simpson hones in on the markets of Kensington, Notting Hill, Bayswater & Holland Park with second Royal Borough location
Top 20: The world’s richest real estate tycoons in 2019
Evergrande boss Hui Ka Yan leads Henderson Land's Lee Shau Kee and Dalian Wanda's Wang Jianlin in the battle of the billionaire mega-developers, as Forbes reveals the wealthiest players in world property...
Savills shrinks its gender pay gap – but ‘there is still work to do’
Property firm reports that its male employees were paid an average of 39% more per hour than female employees in 2018. That's a slight improvement on 2017's 45% gender pay gap.
Japan’s ‘Emperor of Architecture’ wins the 2019 Pritzker Prize
In Pictures: The buildings of Pritzker Prize winner Arato Isozaki.
LSL’s estate agency profits dive by 24% despite rising revenue
Property Plc writes down the value of its investment in hybrid estate agency Yopa by 60%.
Knight Frank boosts Private Office team with ‘significant’ hire
GWD co-founder Hugh Dixon joins agency's specialist global advisory service to focus on next generation wealth
Westcombe secures £16.7m for West London resi projects
Family-run developer will use capital from OakNorth Bank to fund two resi schemes, in Isleworth and Northwood.
Countrywide fined £215k in HMRC crackdown
UK's largest estate agency penalised for failing to comply with money laundering regulations; HMRC carries out week-long swoop on property firms around the country