Location: United Kingdom
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.
London’s super-prime market goes into summer recess
Latest LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.
Prime London rents pick up pace as growth hits 18-month high
Average values jumped 5.3% in July, reports LonRes, with PCL seeing an especially sharp turnaround.
My Property Career: Quickfire Q&A with Forsters’ Helen Marsh
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
‘London stands out as an area lacking confidence’ as UK housing market ‘remains subdued’
Buyer demand and sales activity 'struggle to gain momentum,' says the RICS.
New price benchmark set at Marylebone scheme
Warwick Investment project nears sell-out after one-bed pad achieves more than £2,000 per sq ft.
Malins Group rolls out private client arm
Property group launches new division for owners restoring, remodelling and creating ‘exceptional’ homes.
Six Senses owner eyes boost from branded resi boom
IHG now has 35 residential projects open or selling across 19 countries as developers pile into the sector.
Big London agency reports 22% drop-off in buyer registrations
Chestertons flags steepest annual fall in prospective buyers since last November amid political and tax uncertainty.
Grand Registry: Surveying last month’s biggest registered deals
A £23mn residence in Chelsea topped the latest rundown of officially recorded transactions.
‘Cottagecore boom’ cools as buyer demand drops by a third
Property portal tells of declining interest in country or coastal cottage around the UK, with sales volumes dwindling and prices under-clubbing the wider market.
Foster + Partners appoints new Head of Studio
Kirsten Scott is one of three senior figures taking on new roles at the practice.