Foxtons warns of sharp profit drop; prepares for ‘a prolonged lower transaction volume environment’
Estate agency says 'trading has been adversely impacted by the prolonged downturn in the sales market, as well as short-term volatility in the lettings market.'
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Berkeley profits drop by nearly 15%
The major housebuilder has bought just three sites in the last three years, as economic and political challenges thwart activity.
Cadogan warns of ‘material impact’ of leasehold reforms on resi business
Chelsea landlord/developer says new legislation 'will result in a financial loss to Cadogan and will fetter our ability to manage and invest with confidence in the Estate.'
Foxtons confirms ‘acquisition-led’ revenue growth as profits flatline
'We are making strong progress with our buy, build and bolt‑on strategy,' says estate agency boss Guy Gittins.
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Georgian gem changes hands on Fitzroy Square in off-market deal
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London’s super-prime market goes into summer recess
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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.
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