Company Tag: Foxtons
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, ONS, Foxtons, JLL, Arcadis, OnTheMarket & more...
Strong lettings performance boosts Foxtons’ finances, as sales revenue falls
"I am encouraged by the early results achieved to date," says Foxtons boss Guy Gittins, as "operational improvements" bear fruit.
London rents fall as supply improves
London's average weekly rent fell 4% last month, says Foxtons. But rental prices are still 14% higher than at this time last year.
Foxtons takes cues from Netflix & Amazon in bid to ‘modernise estate agency’
Agency reveals how it is using AI to identify new leads in real time and get them 'to the right person at the right time'.
Foxtons reports ‘unbelievably competitive’ conditions in London’s rental market
An average of 20 renters are registering for each new listing, says the agency, rising to over 30 in some neighbourhoods.
Foxtons chief: ‘We’re not seeing a crash in any way, shape or form’
Buyer numbers have recovered after dropping off by up to 50% in the wake of the mini-Budget last year, says Guy Gittins.
Foxtons rides rental market as sales slow
New CEO Guy Gittins says he can see the agency generating £25mn to £30mn of operating profit in the medium-term.
Foxtons snaps up four-branch London agency
Plc confirms £7.4mn acquisition of Atkinson McLeod as part of ongoing lettings drive.
‘Bottleneck’ continues in London’s rental market as demand remains high and supply low
'Renters may need to change tactics in the coming year, setting aside more time for their property search and preparing to move fast when they see something they like,' says Foxtons.
Foxtons revenue jumps 11%
New CEO Guy Gittins is preparing to reveal 'a refreshed operational strategy to rebuild Foxtons' estate agency DNA and return the business to its position as London's go to estate agency.'
London rents jumped 20% in 2022, and demand remains high
Demand for rental homes in London 'remains high and I do not see a great glut of stock on the horizon,' says Sarah Tonkinson of Foxtons.
New Foxtons boss: ‘We have to dial everything up’
'We became embarrassed by what we do. We have to be proud to be estate agents', says CEO Guy Gittins, as the high-profile firm eyes further acquisitions in the capital.