Countrywide & LSL confirm plot for property industry mega-merger

News

LSL and Countrywide - which operate around 1,000 estate agency branches between them, including Marsh & Parsons, Hamptons and John D Wood - are reported to be in "serious" discussions about merging. "Countrywide confirms that it is in discussions with LSL Property Services plc regarding a possible all-share combination," said the firm's Company Secretary this morning.

This content is available only to PrimeResi Members.

If you have a membership login below, otherwise join Prime Resi today for full access to the Journal of Luxury Property.

What to read next

News

Lord Best's recommendations, published today, herald a new regime for the property industry, with mandatory qualifications for all estate agents - which could be extended to property developers, managers…
Feature

PrimeResi catches up with the 'Mayfair Guru' in the wake of his firm's tie-up with Jeff Doble's Dexters, to discuss how the partnership came about, and what the future holds for one PCL's most recognisable…
Feature

Home-working and video tours are the new normal, as PrimeResi looks at some of the practical business steps being taken by residential property advisors in the face of the escalating Coronavirus crisis.