Grosvenor reports first negative return since the GFC
"Our 2020 financial performance was poor by historical standards, although contextually resilient," says Grosvenor Group's Chief Executive Mark Preston, as the firm swings to a loss.
Property finance heavyweights return to the market as Tuscan Capital
Former Fortwell/Omni team led by Colin Sanders launches a new real estate bridging lender, with investment from Cluttons-backer Quilam Capital
By PrimeResi
Chestertons hires ex-Foxtons compliance guru as head of operations
Industry 'pioneer' Lori Thompson joins Guy Gittins' 33-branch agency after nearly two decades at Foxtons; key operational role will focus on lettings and compliance processes and identifying 'new proptech …
By PrimeResi
Rightmove takes hit on membership numbers as agencies struggle with cash flow
The UK’s biggest portal has seen a 3.8% fall in its membership base since the start of the year - a loss of 620 agency branches and 135 new homes developments.
By PrimeResi
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Former Northacre sales boss launches new venture
Simon Edwardson's Wind Leaf will be offering up 'market leading advisory services for residential and commercial assets on a worldwide basis'.
Another ‘milestone’ deal in Mayfair as super-prime buyers make their move
Conditions are nervy, but some HNWIs are sensing an opportunity & taking a long-term view, reports top acquisition firm.
Abrahmsohn on non-doms, £50k pw rentals & why October 30th will be a watershed moment
Next month's Budget could send shockwaves through every stratum of the property market, writes veteran agent Trevor Abrahmsohn.
Russell Simpson strengthens PCL team
Daniel Trelease and Oscar Martinelli have joined the family-run firm's Chelsea office.
By PrimeResi
Mega-deals dry up as caution slows London’s top-end property market
You could count the number of £30mn-plus sales that happened in the last year on two hands.
‘Iconic’ Dubai property developer sets up shop in Knightsbridge
Super-prime & branded residence developer Binghatti is to open a 'concept store' near Harrods in London.
By PrimeResi
New Earls Court plans submitted, promising ‘a global destination’ with 4,000 new homes
Delancey's Earls Court Development team promises 'a place for everyone, a neighbourhood that brings people together, where they feel welcome, safe and included.'
By PrimeResi
JLL ‘reaffirms commitment’ to PCL with raft of resi promotions
Agency's senior-level reshuffle in and around Prime Central London - including a new Head of Lettings - follows new appointments.
By PrimeResi
Behind the numbers: How many non-doms will be affected by next year’s changes?
Savills estimates that 22,100 non-doms are likely to be exposed to proposed tax changes.
By PrimeResi
Knight Frank super-prime sales boss in South of France move
Edward de Mallet Morgan will be focusing on properties worth over €20mn on the Côte d'Azur and beyond.
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