Countrywide investor pitches major employee share giveaway; warns ‘the company may not survive current challenges’
Jeremy Hosking has called on Countrywide Chairman Peter Long to hand staff 15% of the company "as an incentive to spark a turnaround."
Private equity investor takes majority stake in luxury property brokerage Engel & Völkers
Permira has agreed to buy the majority of Engel & Völkers, which is gearing up to re-enter the UK market.
By PrimeResi
Countrywide acquisition & disposals help quadruple Connells’ profits
Connells "continues to look for investment and acquisition opportunities", says CEO David Livesey, as pre-tax profits jump from £17.2m in H1 2020 to £80.2m in H1 2021.
By PrimeResi
Countrywide enlists headhunters to ‘hunt for a new boss’
Sky News has reported that Countrywide Plc is searching for a new Chief Executive to replace Paul Creffield, and that Chairman Peter Long will also "step back" at some point.
By PrimeResi
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£28mn Knightsbridge mansion sale sets 2025 benchmark
Recent mega-deal on Princes Gate 'reaffirms London’s appeal as a global property destination,' say agents.
The Times: Who’s buying London’s most expensive new flats?
Investigation lifts the lid on £600mn worth of apartment sales at some of PCL's most prestigious new-build schemes.
Savills expands super-prime lettings operation; recruits new North London chief
Isabella Birch Reynardson's specialist division is expanding into high-value regional rental markets, while Stevie Walmesley has moved from DDRE to lead the team in North London.
By PrimeResi
John D Wood & Co adds five-branch agency in SW London
Well-known firm with operations in Battersea, Balham, Fulham & Clapham joins prime agency's expanding 'family of brands'.
‘This isn’t just an expansion – it’s a transformation’: US mega-brokerage Douglas Elliman goes global
Major-league luxury real estate brand sets sights on Europe & beyond; high-profile alliance with UK-based Knight Frank 'mutually concluded' after 15 years.
PCL dealmaker Harvey Cyzer on the state of play in Mayfair’s property market
The headlines may be bleak, but sales revenue at OB Private’s Mayfair office is up 228% year-on-year - so are smart buyers seeing what others aren’t?
By Harvey Cyzer
Global buyers drive $115mn bidding at luxury property auction in London
High-value villas, ranches and vineyards were among the offerings at the latest Concierge Auctions event, held last week at Sotheby's London.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Rhodium brings in former LVMH director for global branded residences push
Luxury sector heavyweight Pierre Mallevays joins Dean Main’s super-prime firm as Strategic Advisor, as it eyes more international growth.
‘Radical’ Grosvenor Square revamp gets underway
Grosvenor promises year-long landscaping works 'will radically transform London’s second-largest garden square into an immersive woodland experience.'
By PrimeResi
LATEST ARTICLES
Boutique London developer targets European expansion
Alex Macaulay's Kinland has lined up luxury schemes in Portugal & the French Alps, after delivering two sell-out projects in South London.
Dolphin Square Resurfaces: Inside one of Europe’s biggest resi restoration projects
First wave of apartments & luxury amenities make a splash in epic overhaul of 'iconic' rental estate in Pimlico.
Long-running RBKC agency launches ‘flagship’ HQ in South Ken
tlc Estate Agents is also revamping its former home in Earl's Court. 'We are honouring our heritage while stepping confidently into the future,' declares COO Samantha Hossack.
By PrimeResi
Expanding real estate recruitment firm strengthens senior ranks
Georgia Zambakides steps up as Executive Director at deverellsmith as the London-based business plans for 'unparalleled' growth.
UK buyers ‘overpaying’ for properties with higher energy efficiency ratings
Hefty premiums are not always justified by the actual gains in energy efficiency, say academics, as industry braces for major overhaul of assessment system.