LSL branch closures boost profits
But London's 'challenging' market squashed Marsh & Parsons' profits in the first six months of the year
Countrywide & LSL confirm plot for property industry mega-merger
LSL and Countrywide - which operate around 1,000 estate agency branches between them, including Marsh & Parsons, Hamptons and John D Wood - are reported to be in "serious" discussions about merging
Foxtons confirms six branches have been shut, but ‘no plans for further closures’
London estate agency reviewed all sites, and has closed down branches in Mayfair, Barnes, Beckenham, Enfield, Loughton, and Ruislip
Countrywide acquisition & disposals help quadruple Connells’ profits
Connells "continues to look for investment and acquisition opportunities", says CEO David Livesey, as pre-tax profits jump from £17.2m in H1 2020 to £80.2m in H1 2021.
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‘It is often in more turbulent times that we have been able to generate growth’: Super-prime pioneer Andrew Dunn of Finchatton on building for the long term
'We have 18 live developments on the go, with an anticipated GDV of more than £300mn and, frankly, I felt just as excited to get to work this morning as I did 23 years ago'
£10mn Mayfair lateral snapped up amid ‘flurry’ of post-election sales
Overseas buyer picks up rare two-bed overlooking Grosvenor Square, as neighbouring top-end schemes renew global interest in historic destination.
Administrators confirm collapsed London estate agency staff payouts
Douglas & Gordon Ltd appointed administrators in 2023, following an acquisition, division & disposal by Foxtons.
‘One of the world’s healthiest homes’: North London mansion lists at £15.75mn following wellness-focused refurb
'Recovery sanctuary' in Hampstead has been reworked in line with the principles of Building Biology - and comes complete with hyperbaric oxygen chamber.
Super-sized mews house in Belgravia lists at £16mn
'Exceptional' residence just off Eaton Square was completely rebuilt around ten years ago.
Concord London debuts latest luxury PCL scheme
70% of the apartments at the newly-completed W1 Place in Fitzrovia sold off-plan.
Short-term lender salvages superyacht deal with super-fast £18.2mn loan
Cohort Capital received a big-ticket loan request on Friday afternoon - to secure a superyacht on a Belgrave Square apartment - and closed the deal before lunch on Monday.
Property management firm adds ‘iconic’ Chelsea block to portfolio
Rendall & Rittner appointed on well-known Art Deco development Nell Gwynn House.
Global real estate bubble risks deflate as ‘real housing prices in many cities have bottomed out’
Miami, Tokyo and Zurich are still at high risk of a housing bubble, warns UBS, while London, New York and Paris are deemed to be 'low risk'.
Chancellor rethinking non-dom tax raid – reports
Treasury 'fears some measures may fail to raise any money' if more HNWIs vote with their feet; boss of major property firm warns wider Labour language is 'halting investment and decisions' .
LATEST ARTICLES
Country market slows as ‘discretionary’ buyers hesitate
Offer levels during the last three months were down by over a quarter on the five-year average, reports Knight Frank; average prices are now 7.4% below their last peak in Q2 2022.
What it’s really been like running a boutique agency in PCL over the last decade
It's been ten years since Nicolas Pejacsevich and Patrick Alvarado set up their Knightsbridge-based firm Nicolas Van Patrick, following careers in the corporate world
Former Druce Director launches Harding Green in Shropshire
Thomas Dainty previously worked for prime property agencies in Prime Central London and Dubai.
‘Infamous’ west London development opp finds a taker
Derelict Maida Vale property has been on and off the market since 2017.
Jo Eccles: Three pre-Budget trends to watch in the prime London market
Top buying agent runs through some key themes as vendors, purchasers and HNWIs navigate the current uncertainty...