Foxtons lettings revenue jumps 21% as sales income drops
"We have had a good start to the year," reports CEO Nic Budden, "with all areas of the business trading in line with our expectations."
What to read next
Lettings revenue helps Foxtons ‘get back on the front foot’ as CEO changes
Foxtons says interim CEO Peter Rollings has made "significant progress against plans to reset the business and get back on the front foot," in advance of new boss Guy Gittins taking the reins in September.
Savills H1 revenue tops £1bn, but profits shrink as resi income falls
Savills has reported a "strong performance comfortably ahead of pre-pandemic level" in the first half of this year - but revenue from residential transactions has fallen by 11%.
Lomond recruits Foxtons’ lettings boss as CEO
Lloyds-backed estate agency group is poised to enter the London property market.
Most read
Power struggle at major family-run estate agency
Boardroom rift heads to the High Court as AIM-listed firm launches proceedings against its chairman.
Star Douglas Elliman broker targets London’s super-prime market
Luxury NYC specialist secures exclusive US representation for raft of landmark developments as American demand continues to build.
Prime London transactions up 14% as more buyers come off the sidelines
Knight Frank says buyers and sellers have become 'hardened to the volatility' as latest numbers suggest an improving picture across the prime postcodes.
Developer & contractor convicted over fatal London tower incident
Foster + Partners cleared of health and safety breaches over fatal Corniche window fall; St James and Lindner Prater found guilty.
Georgian gem changes hands on Fitzroy Square in off-market deal
Demand for best-in-class homes is driving top-end activity in PCL, says agency behind latest benchmark sale.
‘The industry is changing dramatically’: Russell Simpson’s Bertie Russell on growing the family business & the future of prime agency
INTERVIEW: PCL agency boss discusses carving out a place between the corporates and brokers, pushing into new prime London markets and keeping the boutique edge.
London’s super-prime market goes into summer recess
Latest LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.
Malins Group rolls out private client arm
Property group launches new division for owners restoring, remodelling and creating ‘exceptional’ homes.
Savills profits jump 47% despite UK resi slowdown
Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.
Rhodium hires former Nobu exec to lead global growth push
Dean Main's luxury property consultancy brings in Diane Daudin-Clavaud as Chief Development and Strategy Officer.
LATEST ARTICLES
£13mn Wentworth trophy home sparks competitive bidding
Agency reports ‘robust’ demand for best-in-class homes as British buyer snaps up standout new-build residence on the exclusive private estate.
Asia-Pacific’s branded resi sector on track to double by 2032
Savills flags diversification over volume as the defining trend in APAC's branded residential sector.
Lichfields installs new Planning Director in London
National planning consultancy announces another 14 promotions.
Parisian hotel brand debuts branded residences in Miami Design District
The Fouquet's Hotel & Residences is Miami Design District's first resi development
Savills bolsters Edinburgh team with returning London director
Ele Ross returns to the Scottish capital after three years in Islington, where she advised on more than £150mn of sales.