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
Most read
‘An important moment for independent agency & brokerage in the UK’: Harding Green acquires The London Broker
Industry heavyweights join forces to ‘supercharge’ the UK broker model.
Budget 2025: Estate agency assesses ‘most likely’ tax changes for the property market
Hamptons' research chief runs through the tax runners & riders that could hit the residential market on 26th November.
Another senior appointment for Strutt & Parker in PCL
Andrew Chambers has followed in the recent footsteps of Claire Reynolds, moving to the BNP Paribas-owned heritage estate agency from UK Sotheby's International Realty.
By PrimeResi
Big London agency calls the bottom of the market
Chestertons says it has spotted the telltale signs that confidence is about to return.
£70mn deal streak for Strutts’ Estates & Farms team
A strong autumn market saw the agency conclude 'landmark' sales in Wiltshire & Surrey - and tee up some big transactions for the coming weeks.
Cotswold estate agency teams up with interior design studio
'This collaboration allows us to bring a thoughtful, lifestyle-driven element to the service we offer,' says Butler Sherborn's Elizabeth D’ Allemagne.
By PrimeResi
Agents report ‘extraordinary’ sales & lettings run in North Surrey
Knight Frank handled £106mn-worth of property sales & saw a 171% jump in super-prime lettings in the area through Q3.
By PrimeResi
UAE developer announces major acquisition in East London
Arada has agreed to buy an 80% stake in the £2.5bn Foster + Partners-designed Thameside West regeneration project.
By PrimeResi
Knightsbridge apartment reportedly sells for £26mn below original purchase price
Financial Times flags notable recent transaction at high-profile ultra-luxury resi scheme.
Burrows to head expanding brokerage’s New Homes division
Seasoned new-build specialist brings senior-level experience from Strutt & Parker, CBRE & John D Wood.
LATEST ARTICLES
Deal sealed on £35mn Scottish Borders estate
One of the biggest country sales of the year completed last week.
PCL sellers open to offers as buying activity slows
Fresh CBRE analysis confirms a drop-off in Prime Central London property sales, while rents continue to rise.
By PrimeResi
Mapped: The latest policy shifts reshaping international wealth flows & property markets
Knight Frank sets out the state of play following a flurry of government announcements sending ripples through markets across Europe - and beyond.
More than half of estate agents report ‘financially difficult’ year
Survey reveals property brokers' business anxieties as well as tech-fuelled hope for the future of the industry.
By PrimeResi
My Property Career: Quickfire Q&A with Lisa Simon
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.