Number of real estate firms in ‘significant distress’ jumps by nearly a fifth
A backlog of court action has prevented many CCJ’s and winding up petitions being issued, say insolvency experts, meaning the true figure could be even higher.
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UK real estate sector ‘continuing to struggle’ despite booming housing market
Nearly 80,ooo firms were classified as being in significant financial distress in Q2.
Global survey reveals what HNW buyers want from a real estate agent
Traditional firms will have to maintain their personal connections and keep up with new tech if they want to see off ‘disruptors’, says international brokerage network.
‘Amazon of real estate’ delivers record quarter
eXp World Holdings, which owns cloud-based agency eXp Realty, saw global revenues and gross profit more than double in Q3 - making it the best quarter in the firm’s 18-year history.
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Deals & Data: London’s £15mn+ market rebounds in blockbuster first half
Record-breaking sales, resurgent international demand and a surprise winner among the capital's super-prime neighbourhoods - but buyers are still calling the shots.
Property Industry Reactions: New PM Burnham installs Downing Street team
UPDATED: Former Defence Secretary John Healey replaces Rachel Reeves as Chancellor of the Exchequer; Angela Rayner returns to the Cabinet as Housing Secretary.
St John’s Wood mansion trades in £29mn deal
Latest NW8 mega-deal revealed in official records.
Knight Frank launches ‘second phase’ of broker recruitment drive
The big-brand estate agency has received 130 enquiries from would-be self-employed brokers so far, with eight being appointed in the last eight weeks.
Knightsbridge developer cuts resi for hotel & spa scheme
RBKC has approved a PLP-designed hotel/spa on Pavilion Road, replacing an earlier mixed-use consent with apartments.
Has Hamilton Terrace become NW London’s hottest address?
The St John's Wood street has notched up almost £100mn of house sales in the past 12 months.
Knight Frank signs new Mallorca agency partnership
Balearic agency boss heralds 'a full-circle moment'.
Property Vision appoints Sandy Mitchell as Non-Exec
Top-flight buying agency adds well-known prime resi name to its panel of business advisors.
Prime vendors lose confidence as buyers turn ‘more selective, more price sensitive & more willing to wait’
88% of Savills' London agents report weaker seller sentiment, rising to 94% in the country, but the market is far from frozen.
Arada assembles team for £2.5bn East London scheme
UAE developer moves ahead with plans to rework the capital's longest stretch of undeveloped riverfront and install new DLR station.
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LeadingRE adds 20 new firms across six continents
Around 500 indie agencies are now signed to the 63-year-old international luxury brokerage network.
In Pictures: Former ballroom takes centre stage in €27.25mn Riviera residence
Developer creates one-off home from historic haunt of Churchill, Chanel and Monroe.
Knightsbridge Estate & Harrods begin Hans Crescent revamp
Public realm upgrade will bring new planting, trees, seating and lighting to the well-trodden Knightsbridge route.