Global gains deliver huge profit hike for Grosvenor as UK faces ‘uniquely uncertain time’
Group reports 81% rise in revenue profit after strong performances in the USA and Asia Pacific but UK weakness drags down total return; London among a number of international resi markets that now 'look stretched', says firm...
Knight Frank expands Global Prime team
Agency strengthens private client offering to "help cement position as the leading real estate company in the £10m+ market”
By PrimeResi
Savills warns on global uncertainty as profits slip; reports super-prime deal surge in London
Real estate giant predicts declines in transaction volumes 'across a number of markets' in 2019; full-year results reveal dip in group profits, although UK resi business turns in a 'resilient' performance …
By PrimeResi
London’s appeal ‘dissipating’ amongst global wealthy – Beauchamp boss
High-profile Mayfair agency plans further international expansion in bid to 'balance the books'
By PrimeResi
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Record-breaking ultra-luxe scheme in Chelsea nears sell-out
Latest big-ticket sale at Orion's The Glebe leaves just one apartment remaining.
Notting Hill mansion vendor faces lawsuit over alleged moth ‘infestation’
Unusual case involving £32.5mn super-home centres on pre-sale enquiries & the legal definition of 'vermin'.
Boutique London property agency launches country house division
Harwood Advisory's new offering will focus solely on country acquisitions & specialise in the South West market.
Veteran agent joins Douglas & Gordon as a self-employed broker
Daren Haysom was formerly an Area Director with Foxtons.
By PrimeResi
In Pictures: Paolo Moschino-designed mansion in St John’s Wood seeks £40k per week
Palatial 10,700 sq ft residence has been kitted out with an array of 'indulgent' amenities, including an Annabel's-esque private club room.
Rare West End development opp sold at auction
Freehold building in Fitzrovia came with planning for an eleven-storey replacement housing four new duplex apartments.
Prime London sales market ‘bursts into life’ with best October since 2013
LonRes reports 'substantial turnaround' as transactions jump 55% year-on-year, while a significant rise in under offer numbers bodes well for Q4.
Ex-Chestertons sales manager joins US-style brokerage
Harding Green adds to its expanding roster of self-employed agents across London.
Mark Wells: AI is the future of property search, so why are the major portals holding back?
Algorithms can easily improve the process of finding the perfect home, says the boss of off-market platform Invisible Homes, so why would the big players leave an open goal like this?
By Mark Wells
In Pictures: Historic townhouse near Trafalgar Square seeks £10mn
Rare freehold on Craven Street, currently laid out as a one-bed, is 'a unique opportunity to create a masterpiece', say agents.
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In Pictures: £24.75mn show apartment unveiled at luxury Mayfair scheme, 60 Curzon
A flurry of sales have been finalised at the Art Deco-influenced project in recent months.
Rightmove predicts 4% growth for asking prices in 2025
Bullish forecast comes despite a 'larger-than-normal seasonal slowdown in pricing as we head towards Christmas'.
By PrimeResi
Buying agency flags ‘window of opportunity’ for house-hunters
It's shaping up to be a busy winter season for the property market, suggests Recoco.
By PrimeResi
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Ending non-dom tax breaks has cost £140mn in ‘lost’ Stamp Duty revenue, claims agency
Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.
By PrimeResi