‘Disappointed’ REA Group abandons Rightmove takeover
'We were disappointed with the limited engagement from Rightmove that impeded our ability to make a firm offer within the timetable available,' says REA boss. 'They had nothing to lose by engaging with us.'
Murdoch’s REA considers multi-billion pound Rightmove takeover
Aussie property giant is mulling 'a possible cash and share offer for the entire issued and to be issued share capital of Rightmove.'
By PrimeResi
Rightmove rejects £5.6bn takeover bid from Murdoch’s Australian property portal business
News Corp-controlled REA Group put forward a 'non-binding indicative proposal' to buy Britain's dominant property portal.
By PrimeResi
Most read
Luxury agency reveals £800mn sales surge as ambitious expansion pays off
Expanding firm claims No.1 market share in the £10mn-plus and £20mn-plus property segments following bumper H1.
‘It is often in more turbulent times that we have been able to generate growth’: Super-prime pioneer Andrew Dunn of Finchatton on building for the long term
'We have 18 live developments on the go, with an anticipated GDV of more than £300mn and, frankly, I felt just as excited to get to work this morning as I did 23 years ago'
REDD recruits new development director
Real estate firm is embarking on several newly-acquired luxury projects in PCL.
£10mn Mayfair lateral snapped up amid ‘flurry’ of post-election sales
Overseas buyer picks up rare two-bed overlooking Grosvenor Square, as neighbouring top-end schemes renew global interest in historic destination.
Administrators confirm collapsed London estate agency staff payouts
Douglas & Gordon Ltd appointed administrators in 2023, following an acquisition, division & disposal by Foxtons.
By PrimeResi
‘One of the world’s healthiest homes’: North London mansion lists at £15.75mn following wellness-focused refurb
'Recovery sanctuary' in Hampstead has been reworked in line with the principles of Building Biology - and comes complete with hyperbaric oxygen chamber.
Super-sized mews house in Belgravia lists at £16mn
'Exceptional' residence just off Eaton Square was completely rebuilt around ten years ago.
Concord London debuts latest luxury PCL scheme
70% of the apartments at the newly-completed W1 Place in Fitzrovia sold off-plan.
UK real estate AI start-up raises $7mn for international expansion
Fifth Dimension AI was set up last year by former Hamptons research chief Johnny Morris & linguistics and tech maven Dr Kate Jarvis.
By PrimeResi
Short-term lender salvages superyacht deal with super-fast £18.2mn loan
Cohort Capital received a big-ticket loan request on Friday afternoon - to secure a superyacht on a Belgrave Square apartment - and closed the deal before lunch on Monday.
By PrimeResi
LATEST ARTICLES
What it’s really been like running a boutique agency in PCL over the last decade
It's been ten years since Nicolas Pejacsevich and Patrick Alvarado set up their Knightsbridge-based firm Nicolas Van Patrick, following careers in the corporate world
‘Infamous’ west London development opp finds a taker
Derelict Maida Vale property has been on and off the market since 2017.
Jo Eccles: Three pre-Budget trends to watch in the prime London market
Top buying agent runs through some key themes as vendors, purchasers and HNWIs navigate the current uncertainty...
By Jo Eccles
Former Druce Director launches Harding Green in Shropshire
Thomas Dainty previously worked for prime property agencies in Prime Central London and Dubai.
By PrimeResi
Industry Reactions: Mortgage lending ticked up in August
Bank of England data show an increase in mortgage approvals, remortgaging activity, and in net borrowing.
By PrimeResi