Foxtons sees sales & lettings revenue jump as the property market ‘normalises’ & Gittins takes control
'I am excited about leading this reset and determined we can get Foxtons back on the front foot,' says new CEO Guy Gittins.
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."
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.
Connells Group revenue falls 13% on ‘less frenetic’ property market
The owner of estate agencies including Hamptons and John D Wood "remains positive" despite falling revenues.
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Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Trophy Lancaster Gate apartment block offered for sale
Agents instructed on rare unbroken freehold building just off Hyde Park, with investors and developers expected to target.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
Former Schroders base in Mayfair cleared for prime resi conversion
'Remarkable' Upper Grosvenor Street building is set to deliver eight apartments alongside valet-led parking facility in Reeves Mews.
Super-prime Barnes gem changes hands in landmark off-market deal
Sale of Grade II listed house ranks among SW13's biggest in recent years.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
British Land picks new CEO
Joanne McNamara will lead the FTSE-100 property company, replacing outgoing chief Simon Carter.
Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
Off-market properties outnumbering online listings by 5:1 in PCL, says buying agency
Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.
Rupert Collingwood: The property ladder is freezing from the top down
If we want the market to function more efficiently again, we need to stop viewing the housing crisis purely through the lens of first-time buyers, says brokerage chief.
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Knight Frank warns of rental market ‘overcorrection’ as supply shrinks & rents rise
Agency says competition for available homes in Prime London has reached its highest level since September 2022.
Buying agency ‘seal of approval’ seeks to help home-buyers pick trusted advisors
First In The Door's Prime Property Seal of Accreditation™ aims to create 'a curated network of best-in-class advisors.'
In Pictures: PLP completes biophilic Singapore tower in South-East Asia debut
London-headquartered practice unveils 21-storey luxury resi project inspired by a butterfly in flight and designed around the concept of a vertical garden.
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
Rockwell completes first Hurlingham Waterfront building
The Thames-side regen scheme is delivering 269 new homes in SW London.