Foxtons’ revenue climbs despite sales drop
London estate agency reports rental revenue growth as it continues drive to 'decouple earnings from sales market volatility'.
Strong lettings performance boosts Foxtons’ finances, as sales revenue falls
"I am encouraged by the early results achieved to date," says Foxtons boss Guy Gittins, as "operational improvements" bear fruit.
By PrimeResi
Winkworth warns on profits as sales revenue drops 20%
"Property prices have held up reasonably well but transactions have slowed, leading to a high number of agreed sales being delayed to the second half of the year," says leading estate agency.
By PrimeResi
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.
By PrimeResi
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UAE real estate giant buys UK developer London Square
Aldar Properties says its first acquisition outside of the MENA region provides 'a meaningful foothold in the diverse and dynamic London property market,' with financial heft that will give London Square…
By PrimeResi
Foxtons’ Isidro appointed COO of UK Sotheby’s International Realty
Luxury agency announces another big-name hire as dramatic scaling-up continues.
In Pictures: Iconic Portland Place mansion lists at £75mn following ultra-prime makeover
Adam-designed trophy home has been 'reimagined for 21st century living' by MSMR Architects and 1508 London, at a total cost of nearly £50mn.
Royalton mega-mansion in Surrey fetches record price
Julian Bicknell-designed stunner is the most expensive home sold on St George’s Hill this year.
Boutique PCL agency hires Foxtons high-flyer
Edvin Griskin won numerous awards as a top negotiator at his former firm.
A London borough has been crowned Rightmove’s ‘happiest place to live’ for the first time
'Having access to nature and green spaces is more important to residents than having access to public transport, shops and restaurants, and employment opportunities,' says Rightmove after surveying 26,000…
By PrimeResi
Watch: Touring ‘the most expensive house in the world’
YouTube star & luxury real estate agency team up to showcase the '$1bn' Chateau Du Champs De Bataille in Normandy, which is now up for rent.
Specialist lender refinances £175mn London mansion
Cohort Capital completes another PCL mega-deal as ultra-prime sector 'remains well insulated from wider economic headwinds'.
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Charles Lloyd, aka 'Mr Mayfair', has rejoined the luxury agency from CBRE.
Centreland hits the mark with luxury office-to-resi scheme on Cavendish Square
Agents confirm sale of final unit at developer's 'landmark' Harcourt House project, which attracted interest from around the globe.
Agency reports flurry of prime property deals in Hampstead
An unusually large number of rarely-available residences have been changing hands in NW3 lately, notes Aston Chase.
Mercedes-Benz moves into branded resi with 65-storey Dubai ‘icon’
A new partnership 'merges the world of real estate and automotive excellence to set new standards in luxury design and living.'
By PrimeResi
Pace of global property price growth to ease, suggests Reuters poll
'Strong demand and tight supply' will 'overshadow higher interest rates' to push international home values up in the coming year, says Reuters after polling over 100 property market experts.
By PrimeResi