Format: News
6% of architects don’t think their practice will survive the next 12 months
Architects' workloads are a third lower than at this time last year, reports the RIBA, and most practices expect their workloads to decline further in the coming months.
Slovakia’s JTRE snaps up PCL developer Sons & Co; secures £177m loan for South Bank scheme
JTRE has agreed a hefty construction loan on its £400m Triptych Bankside project next to Tate Modern, and acquired the well-known boutique development firm Sons & Co
Domus man Shaw joins Youhome in Notting Hill
The self-proclaimed “new category of estate agency” has attracted another big name to its ranks in prime London, recruiting Domus Nova's former Head of Sales, Chris Shaw.
Most surveyors believe Covid-19 will drive property demand away from urban areas, high rise blocks & communal spaces
The latest RICS survey of surveyors included a question about potential shifts in the desirability of certain features of properties over the next two years.
Rental valuations jump to a record high as the lettings market bounces back
Viewings of properties for sale are still well below the five-year average, reports Knight Frank, but both landlords and tenants are now more active than before the pandemic.
OnTheMarket signs up more paying customers but braces for ‘short-term’ revenue hit
Portal now has 9,000 branches on paying contracts and has seen 'strong increases' in weekly new instructions, traffic and leads, but expects its bottom line to suffer from reduced ad spend and the cost…
Zoopla celebrates as lockdown fee discounts attract hundreds of new branches
Zoopla offered arguably the most generous Covid-19 support package of any global property portal - worth an estimated £30m to agents; it seems to have worked.
Buyers down for fixer-uppers, reports north London agency
The hunt is on for value and scope to create dream homes, reports boutique firm after selling two refurbishment projects on the same road in St John's Wood
Surveyors ‘remain cautious’ despite pick-up in market activity
New buyer enquiries, newly agreed sales, and new instructions have recovered since the lockdown, but surveyor sentiment is still not buoyant.
Strutts alumni launch new country house estate agency
Oxfordshire-based start-up The Country House Department is being pitched as "a modern medium for the finest country homes, created to do justice to the most exceptional properties".
High hopes for ‘ultimate DIY opp’ on Grosvenor Square
Unmod pied-a-terre at No.48 could potentially offer a seven-figure uplift, according to agents