Company Tag: Foxtons
Foxtons slides into the red as London’s ‘weak sales market’ takes its toll
Sales revenue dropped by 23% in H1, reports the high-profile estate agency - leading to a £2.5m loss for the business in the first half of the year
Rental demand picks up by 6.6% in London
Demand for rental properties in London rose faster than supply in Q1, says Foxtons, although the market looks 'fairly stable'
Former Foxtons chief to retire
Michael Brown led the estate agency for seven years to 2014; he's to retire from his Non Exec Director role in September
Another tough quarter for Foxtons
"London's leading estate agency" reports Q1 revenue of £24.5m, down from £28.7m in Q1 2017, amid "very challenging conditions"...
Rental demand surges in prime London as supply drops, but prices hold for now
Foxtons, Knight Frank and LonRes have all recorded significant rises in tenant demand at the same time as a notable reduction in new rental listings...
Foxtons settles for ‘a smaller network than originally planned’
London's most recognised estate agency (officially) dismisses the threat of discount online/hybrid competitors
Foxtons’ profits tumble by 65%; warnings of another ‘challenging’ year in 2018
Estate agency Foxtons made £41m profit in 2015, but just £6.5m in 2017 - and the current sales pipeline "is below where it was this time last year"
Foxtons’ sales revenue tumbled ‘in line with expectations’ in 2017
"Challenging conditions in the London property market" are likely to continue "throughout 2018" says CEO Nic Budden.
ZPG signs big estate agency brands in ‘long-term’ agreements
Foxtons, Dexters, Andrews and Yopa all commit to Zoopla with "long-term agreements" - as challenger portal OnTheMarket prepares to float
Foxtons rolls out 3D virtual tours
Agency brings Matterport on board to add another dimension for online househunters
Revenues slide again for Foxtons
"Challenging conditions" in London continue to hit the estate agency's bottom line