Format: News
Foxtons could be eyeing a float too, as Countrywide shares fly
Hot on the heels of Countrywide's successful IPO (the value of Britain's biggest estate agency rocketed 13.4% from £750m to £848.
Half of ISA investors are eyeing up resi property – Hearthstone
Half of cash ISA investors are eyeing-up residential property investment opportunities now that resi property is available in UK ISAs, according to fund manager Hearthstone.
Budget 2013: Osborne gets to work
Analysts are not expecting much from the Budget today, with Michael Hewson, senior market analyst at CMC Markets, pointing out that:
Countrywide (CWD) float to raise £191m net
It's listing day for Countrywide, who this morning said it would raise net proceeds of £191m from its IPO, after pricing its shares at 350p each yesterday, valuing the company at £750m.
Budget 2013: reactions from the prime property industry’s prime movers
A rowdy performance by the Commons, but George seems to have done pretty well by the prime property industry, delivering a "Budget for an Aspiration Nation" that cuts corporation tax to 20%, makes it easier…
RICS surveys field for new UK Residential Director
The Royal Institution of Chartered Surveyors (RICS) is on the hunt for a UK Residential Director to "promote residential on a global platform" and assist Global Residential Director, Peter Bolton King,…
Required Reading: The Budget 2013 for HNWs
What does today's Budget mean for HNWs? Mishcon de Reya break it down to give the skinny on tax implications for the wealthy.
Countrywide IPO valued at £750m
Britain's biggest estate agency group, Countrywide, has priced its initial public offering right at the top of its range, at 350p per share, according to Reuters.
PCL prices up 8.4% on the year – Knight Frank
Average UK house prices rose just 0.2% in February, whilst prime central London property prices went up by 0.9% to take the annual increase to 8.4%, according to Knight Frank's latest Market Update.
Berkeley to grow land bank by 10% this year; starts with three new acquisitions
Berkeley Group has announced plans to expand its land bank by 10% this year, and has already made three significant acquisitions in Finchley, Mill Hill and Maidenhead.
Resi plans mooted for Manchester’s Royal Exchange
A major chunk of the famous Grade II listed Royal Exchange, at the beating heart of Manchester's city centre, could soon be about to undergo a prime resi makeover.
Spring fling highlights a “bedrock of belief” in mainstream market – Rightmove
The mainstream property market’s spring fling has kicked in, with London setting another new house price record as average asking prices reach £486,890, according to Rightmove’s latest House price…