Foxtons to review bonus payments after shareholder revolt
“It is clear that a significant proportion of shareholders did not agree with the decision to pay bonuses to Executives," said Foxtons after its AGM. "That so large a proportion of shareholders chose to vote against the renumeration package and the re-election of both the REM committee chair and CEO, can’t be ignored."
Board shuffle as Foxtons’ Chairman to retire by May
Ian Barlow will take over as Chairman of Foxtons Group when Garry Watts steps down
By PrimeResi
Foxtons sees a 10% slump in sales revenue
As Chairman Garry Watts bows out, London estate agency Foxtons reports a "robust performance in difficult market conditions" in 2019, with falling revenues from sales and lettings.
By PrimeResi
‘Too brutal’: Rollings opens up about Foxtons’ heyday
Listen: Peter Rollings - formerly Managing Director of Foxtons and of Marsh & Parsons - has spoken candidly about the estate agency business in a podcast run by eXp agents Scott Gunn and Ben Moore.
By PrimeResi
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Caudwell brings in Dorchester Collection to manage 1 Mayfair
New agreement 'brings together Mayfair’s two most prestigious luxury destinations,' declares ultra-prime property developer.
By PrimeResi
Agency reports rapid-fire £70mn sales run in Notting Hill
After a subdued start to the year, domestic buyers have sprung into action in W11, says Strutt & Parker's local team.
Interview: Inside the prime country house market with Knight Frank’s Oliver Rodbourne & Peter Edwards
As new wealth reshapes demand in high-end property markets from the Cotswolds to the Channel Islands, Knight Frank’s prime country experts reveal what’s changed - and what hasn’t.
Top-end buyers hit pause as Budget fears stall £5mn+ deals
Transactions at the upper end of the Prime London market were down by over 40% last month, reports LonRes, as the start of the autumn selling season falls flat.
Savills installs new Wimbledon chief
Stewart Harrison was previously Head of Sales for John D Wood in Wandsworth.
By PrimeResi
Tom Adams: On making unmodernised properties desirable again
Just as buying agents transformed a once vendor-biased marketplace, the prime property industry must now close the knowledge gap around renovation projects, argues RedBook's CEO.
By Tom Adams
Boutique agency mixes fashion & property at Belgravia open house
A top-end handbag collection was on show at a £10mn listing on Pont Street last week.
Knight Frank teams up with luxury Milan agency
Global property firm strengthens its position in Italy amid growing demand from HNWIs attracted by the flat tax regime and lifestyle appeal.
In Pictures: ‘Breathtaking’ modern Essex country mansion pitched at £9.9mn
Stokes Hall was completed in 2014, featuring 'world class' interior specs.
By PrimeResi
London’s resi planning rules ‘set to be eased under emergency provisions’
Mayor Sadiq Khan & Housing Minister Steve Reed are said to be discussing a temporary relaxation of regulations in the capital.
By PrimeResi
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