Foxtons posts ‘best first half results since 2016’ as sales revenue rockets
Foxtons Group revenue climbed to £66.9m in the first six months of this year, 66% up against 2020 and 29% up against 2019. Sales revenue has surged by 86% compared to 2019's level.
Savills posts record results as residential sales revenue doubles
Like other property PLCs, Savills' profits have surged this year. The firm's UK Residential Transaction Advisory business posted record revenue in H1, nearly doubling (+97%) compared to last year.
Foxtons 2013-2018: from £42m profit to £17m loss
Charting the rise and fall of profits and revenues at high-profile estate agency Foxtons.
The average estate agency’s sales commission is 1.2%
But there's a pretty broad range between different regions. Agents in five postcodes manage to bag fees in excess of £30,000 per property sale
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Bentry lines up super-prime play in Hampstead after pre-Budget swoop
Investor-developer sees off strong competition to secure landmark Edwardian mansion for £16.4mn; plans to deliver around 50 top-end apartments as part of grand 'Sandringham-style' residence.
Project London doubles revenue & kicks off international expansion
High-end design studio founded by two former buying agents reports 'landmark' year & gears up to launch Dubai base.
Expanding brokerage signs super-prime Surrey specialist from Savills
Ben Hehir will be based between the firm's Cobham office & Mayfair HQ.
Knight Frank names new Senior Partner & Group Chair
Rory Penn is to succeed William Beardmore-Gray at the helm of the global property consultancy in April 2027.
Relaunched luxury scheme leads resi revival in St James’s Park
Sales team reports renewed buyer interest at The Broadway as raft of redevelopments signal SW1 'renaissance'.
My Property Career: Quickfire Q&A with Chelsea Whelan
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
London house prices to flatline until 2028 as prime markets ‘remain subdued’
Leading estate agency forecasts a property market 'power shift' as the capital's recovery is 'delayed' & regions significantly outperform.
Prime Central London price declines to ‘bottom out’ early next year – JLL
UK house prices set for +20% growth in the next five years, predicts leading property consultancy.
High-value sales jump as Budget clarity brings ‘short-term relief’ in Prime London
£5mn-plus exchange volumes were 21% above the five-year norm last month, although PCL prices recorded their steepest annual fall since 2021.
Rare Bayswater development opp sells for £21mn
Former office building came with consent for a 17-unit apartment scheme designed by Ross Alexander Lambie Architects.
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Berkeley reports half-year profit drop but ‘the long-term outlook is more positive’
House-builder's pre-tax profits down -7.7% as sales activity slowed against Budget uncertainty.
Post-Budget snap poll reveals upbeat sentiment amongst home-movers
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Expert Panel: Prime Central London has hit a ‘critical inflection point’
Property & HNW industry leaders unpack the volatility, policy churn & changing buyer geography defining a new era for ultra-prime London.
Hefty Marylebone mansion flat heads to auction
First floor lateral on Portland Place is the priciest lot being offered at Allsop's final resi sale of the year.