Details of Douglas & Gordon administration & buy-out revealed

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CEO James Evans paid £515,000 to buy parts of the estate agency back, shortly after administrators were appointed and a year after taking control of the sales arm of the business from Foxtons for a 'nominal sum'.

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Main image: James Evans

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But competition amongst British property brokers is fierce, meaning average earnings per agency are lower than in some EU nations.
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Ashley Conaghan has over 10-years’ experience in the property industry and has managed multiple client services departments.
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'With the number of UHNWIs in Monaco set to rise by 23% in the five years to 2026, it makes complete sense for Knight Frank to strengthen its presence in the market,' says Edward de Mallet Morgan.