Foxtons bids to buy Douglas & Gordon

D&G will continue to operate as a separate brand to Foxtons, with the existing management team remaining in place.

Catalist Partners has proposed a "three pillar strategy" for London-centric estate agency Foxtons, including national expansion and a new focus on higher-value prime property markets.

The founder of Britain's most successful hybrid estate agency, Purplebricks, is about to launch his next big venture: taking on Rightmove and Zoopla with a new portal that's being billed as "the next generation…