International Business
US PropTech fund backs 11 European companies
An investment arm of the USA's National Association of Realtors has, in conjunction with Propertymark and Savills, backed a second batch of PropTech ventures in the UK and Europe.
International ‘challenger’ property management platform expands with London firm Rendall & Rittner
Swedish start-up Odevo aims to be "a challenger to the traditional industry for property and housing management."
PropTech investor confidence rises to another record high
96% of global PropTech investors believe Covid-19 has accelerated the adoption of technology, up 7% from six months ago.
Luxury co-ownership platform debuts in London with Mayfair penthouse acquisition
American start-up Pacaso is offering a 12.5% share of a duplex flat in Mayfair for nearly £1.1mn, and has a house in the Cotswolds lined up for its next UK offer.
Cluttons jets into the Algarve
Agency launches its second base in Portugal, covering the “Golden Triangle” between Quinta do Lago and Vale do Lobo
R&F offloads Vauxhall Square to Far East Consortium
China-based property developer sells huge Nine Elms development at a massive loss.
Knight Frank & Savills suspend Russian divisions
Global property consultancies suspend long-established business ties in Moscow, joining a growing corporate exodus from Russia as the Ukraine war continues.
Property agents urged to check latest sanctions list
The property industry has an important duty to help make anti-war sanctions work.
Toon Planning: Disney draws up grand plans for branded residential property development
One of the biggest brands in the world, Disney, is making a move on the branded residence sector, revealing plans to build large-scale communities from scratch.
Record year sees Sotheby’s International Realty rack up $204bn in global sales
“Real estate proved to be a hot investment in 2021,” says Sotheby’s International Realty chief Philip White, as the brand celebrates a record-breaking year.
Savills adds two branded residence specialists to its global resi development team
Savills has restructured its global residential development consultancy department, adding two new senior faces to focus on branded residential projects.
Engel & Völkers reports best ever year as revenues soar past €1bn
International brokerage benefitted from heightened demand for luxury real estate in 2021