Change at the top as Countrywide proposes a massive private equity ‘recapitalisation’
Countrywide Plc has announced a proposed "recapitalisation of the business" with a £90m private equity injection creating a new controlling shareholder, contingent on a new Chairman and CEO.
Connells’ takeover of Countrywide confirmed
Countrywide Plc's major shareholders are supporting an improved £134.4m offer by Connells Group to acquire a majority stake in the estate agency behemoth.
Christie’s sells International Real Estate business to @properties
One of America's biggest residential brokerages has acquired the long-term brand licence for luxury property network Christie's International Real Estate, with plans to "build upon the success of the business…
Half of top-end estate agents are flouting AML rules – official report
50% of estate agencies advertising properties for sale at £5 million are either not registered for anti money laundering supervision with HMRC, or have failed to pay their annual fee, according to a new …
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Savills recruits Knight Frank’s Gigi to head Hampstead sales
Agency confirms 'major' resi appointment in north London.
Candy Capital teams up with Abu Dhabi property developer to ‘redefine luxury living on a global scale’
British tycoon Nick Candy has signed a 'landmark' JV agreement with Modon Holding, promising to 'amplify the ultra-luxury real estate landscape' in the UAE, Middle East & beyond.
Fairway Capital tees up £50mn Belgravia mews scheme
Conversion of historic garage site to deliver first complete terrace of new mews houses in the neighbourhood since the 1950s.
Former Black Brick partner launches ‘private property network’ for agents
Over 100 firms have already signed up to Caspar Harvard-Walls' London-based platform, Oskar.
DDRE boosts Home Counties coverage
High-end brokerage adds two new advisors targeting prime markets beyond the capital.
In Pictures: Joyce Wang Studio designs £17.25mn apartment at The Whiteley
International practice was given carte blanche to create a 'quietly luxurious' 4,000 sq ft residence at the £1.2bn west London scheme.
UK is ‘worst in the world for millionaire exits’, warn economists
The Adam Smith Institute believes the share of the UK population who are US dollar millionaires will fall by a fifth over the next four years, thanks to 'a hostile culture for wealth creators'.
Luxury Centre Point scheme ‘over 90% sold’ following flurry of deals
Almacantar on home straight at landmark West End project as buyers splash out £45mn on new apartments.
In Pictures: High-spec Wimbledon Village mansion seeks £15.5mn
Super-prime listing on prestigious Parkside comes with 'best in class' amenities including a pool, sauna, ice pool & private cinema.
Recently-launched prime country house agency expands into the Cotswolds
Chartwell Noble was set up earlier this year by Ross D’Aniello, Stuart Bass & George Pickard.
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Developer to revive ‘architectural masterpiece’ in SW London
Aldar-owned London Square continues acquisition drive with purchase of Grade II* listed former Surrey County Council HQ.
CoStar chief trumpets OnTheMarket’s progress
Newly-acquired portal is 'far outpacing' rivals, says Andy Florance, citing big uplifts in traffic and sales leads.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Alex Michelin: Why London’s super-prime buyers are no longer driven by location
The significance of postcodes is fading, explains the influential luxury property developer, while demand for unique, individualised homes is rising.
Hometrack rolls out Data Services arm
Proptech firm says its new suite of products 'will be a game changer for any property business looking to drive efficiencies and improve decision-making'.