Business & People
Foxtons floats for £649m
Foxtons will start life on the London Stock Exchange with a value of £649m (a cool $1bn), right at the top-end of the expected £550-650m range.
Shares in the estate agency were valued at £2.
Rollercoaster first day for Foxtons float
It's been a rollercoaster of a first day on the stock market for Foxtons (FOXT) shares, as the company offered 60% of its equity to the world.
The estate agency's share price rocketed by 19% to 274.
Property Week to move to Croydon?
** UPDATE: 27th September 2013... Property Week has been sold to Metropolis International, subject to contract. The magazine's 35 staff will transfer to Metropolis following completion.
Land Grab: Hamptons grows Land team
Hamptons has signed up two new recruits to take on land management roles across South West London and Hertfordshire, Bedfordshire and Cambridgeshire.
“Mobile” estate agency (with a conscience) launches
A new agency has launched with a moral bent.
War of Independents: The estate agents who never rest
There's no time for time off as an independent estate agent; "you do what you have to do to get the deal done," says James Bailey after a hectic summer of big deals and sticking it to the big boys.
The Estate Agents: BBC2 commissions flies on the office walls
BBC2 has commissioned a new six-part series that will follow the trials and triumphs of ten UK estate agents, ranging from Chelsea prime specialists to more mainstream areas.
Melissa Porter returns to host Luxury Property Show
Sultriest press shot of the week definitely goes to Melissa Porter, who's just been confirmed as host of the Luxury Property Show for the second year running.
Belvoir rolls out three new offices
What with announcing a foray into the sales jungle last week and three new lettings offices today, Belvoir's making plenty of noise at the moment.
Office to Resi: Mark Collins on CBRE’s major play
In his first column for PrimeResi, CBRE's Mark Collins explains how he turned the firm's resi business into a major player and why the acquisition of EA Shaw last year was such a big deal...
Former Sotheby’s boss launches no sale-no fee portal
The former MD of Sotheby's has unveiled a pretty interesting-sounding concept; a results-driven portal focusing specifically on high-end international property developments.
Exec management call-up for Taylor Wimpey London MD
Taylor Wimpey has appointed a new member to its executive management team.