Knight Frank launches European resi investment team
Agency hires JLL’s Stuart Osborn to run new dedicated offering
NY luxury brokerage Stribling joins Compass
Manhattan luxury specialist Stribling has merged with acquisitive real estate firm Compass
Buffet builds the USA’s biggest resi brokerage
Berkshire Hathaway HomeServices of America has now usurped Realogy’s NRT as the largest Stateside operator, accounting for nearly 350k transactions last year
Ranked: Average estate agency commissions in European countries
‘The UK is actually home to the lowest estate agent fees in the EU’, claims some research.
Omani billionaire’s luxury property firm rolls into London with flagship Mayfair studio
PNC Menon’s Sobha Realty is launching in the UK, taking over the former Foxtons HQ on Park Lane to create a lavish ‘Global Studio’.
Fine & Country moves into Western Australia
Estate agency establishes a ‘flagship’ Perth outpost as it looks mine the top-end of Western Australia’s residential property market.
Westfield teams up with Canadian fund for a 1,200-home ‘new residential quarter’ in East London
The £670m “Cherry Park” scheme, next to Westfield shopping centre in Stratford, will be one of the capital’s biggest single-site PRS developments.
Coldwell Banker ‘selling more $1m+ properties than any other real estate brand worldwide’
High-end affiliates put through nearly 30,500 seven-figure transactions in 2018, with an average value of $1.9m
Savills warns on global uncertainty as profits slip; reports super-prime deal surge in London
Real estate giant predicts declines in transaction volumes ‘across a number of markets’ in 2019; full-year results reveal dip in group profits, although UK resi business turns in a ‘resilient’ performance in the face of ‘challenging’ conditions, with an eye-catching spike in super-prime deals.
Brookfield takes a majority stake in Oaktree
Major real estate investors combine forces in $4.7bn deal.
Savills moves into Cyprus
Savills has signed a residential association agreement with Cypriot agency Elit Blue.