LSL posts record profits, but warns of a sharp housing market slowdown in 2022
"We expect mortgage and housing transactions to revert to pre-Covid levels with geopolitical uncertainties adding to existing inflationary pressures," says LSL boss David Stewart. "These will affect our Estate Division in particular, and as always, we will be agile and respond to market conditions as required."
Purplebricks Plc posts ‘disappointing’ results; warns of an ‘uncertain’ market ahead
Purplebricks' instructions have slumped by 38%, as the hybrid estate agency shifted its business model and faced legal challenges. The company made an operating loss of £11.
LSL profits stay strong despite drop in estate agency revenue
"We expect that the impact of housing market cycles will continue to have a reducing impact on the Group's results," says major property Plc, which owns estate agency brands including Marsh & Parsons
A year after buying Countrywide, Connells Group reports £1bn turnover & record profits
Countrywide acquisition has proved to be a "great triumph" says Connells CEO David Livesey.
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In Pictures: New Candy London project in Chelsea seeks £8.595mn
Inside an Elm Park Road townhouse reworked by the world-famous design studio.
In Pictures: Inside eight ‘completely hidden’ new homes on Mayfair’s only private gated street
CBRE and Beauchamp Estates are about to launch sales at Three Kings Mayfair, for JV developers 1.61 London, Urbanwise and Valpre.
Apartments go on sale at luxury Banda-designed riverside scheme
All 28 units at Third.i's The Doulton will have direct views over the Thames and access to 'first-class' amenities.
PCL developer toasts £100mn sales surge
Almacantar reports strong interest from domestic and international buyers across its West End portfolio.
What’s top of the wish list for super-prime tenants & buyers in 2023?
High-end specialists from Savills summarise the key drivers shaping the PCL lettings & sales markets this year.
Trophy Mayfair block seeks £40mn
Boutique development on Mount Street houses four luxury apartments designed by Rigby & Rigby, plus some retail and office space.
£10mn price tag for ‘spectacular’ Covent Garden penthouse
Rare 3,000 sq ft duplex overlooking the famous Piazza is expected to attract wide-ranging interest.
‘Extraordinary’ Thames-side mansion, once home to the Fortnum family, offered for £5.5mn
Walnut Tree House in Hampton Wick comes with a boathouse and private mooring, and was once home to the owner of Fortnum & Mason.
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£180mn Vauxhall scheme tops out
Australian developer Third.i's Graphite Square launches to the UK market this month and will be ready for occupation in 2024.