OTM profits are running ‘ahead of market consensus’
Property portal OnTheMarket is on track to break even sooner than expected.
Rightmove profits rise as estate agents spend more
Rightmove's Average Revenue Per Advertiser was 9% higher in 2021 than in 2019; estate agencies are paying the property portal over £100 more per month than before the pandemic.
OnTheMarket trading ‘ahead of expectations’ as new CEO Tebb starts work
On his first official day in charge, OTM's new boss Jason Tebb has already outlined a few shifts in the portal's strategy.
OnTheMarket profits climb as Tebb promises ‘more to come’
"We are delighted to have achieved a year of further financial and operational progress," says property portal boss Jason Tebb. "But there is much more to come."
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Savills adds top global resi specialist from Knight Frank
Formerly Knight Frank's Head of Residential in APAC, Victoria Garrett is a 'key appointment that will really help us continue to grow our residential network internationally,' says Justin Marking, Head…
‘Forgotten gem’ in Mayfair acquired in £35mn deal
Former Schroders base on Upper Grosvenor Street has 'incredible untapped potential'
Super-prime developer reports £60mn sales surge as HNW buyers spring into action
'Buyers at the top-end of the market are increasingly deciding that now is the time to act,' says Lodha UK, after chalking up its highest quarterly sales figures since 2021.
‘Fulham mainstay’ Jackson-Stops rejoins Strutt & Parker
Great-grandson of Jackson-Stops founder is now Head of Fulham Sales at Strutt & Parker.
Knightsbridge lettings office shines brightest for Knight Frank
Property agency reveals its top-performing UK resi agency team.
In Pictures: Inside a turnkey Chester Square townhouse, asking £25mn
Revamped Grade II listed residence is 'one of the best townhouses to hit the market this year'
CLS finds new buyer for landmark Albert Embankment block
Resi developer acquires prime riverside building in Central London & plans to create set of 'unrivalled residences'
‘It’s an exciting time for the industry’: Rosewood’s Brad Berry on why the luxury hospitality group is doubling down on branded resi
'At the luxury level, buyers gravitate towards the projects that incorporate the intangibles'
Major Foxtons shareholders reiterate calls for a sale
London estate agency is working with NM Rothschild, reports The Sunday Times.
PCL agencies report spring sales flurry
'We currently have the largest pipeline of properties under offer that we have seen for 10 years,' says longstanding estate agency, while buying firms note string of successes across the prime postcodes
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Revealed: London’s ‘most desirable neighbourhoods’
Savills has used socio-economic and health data from the Census alongside house price records to rank the capital's top enclaves for prime and super-prime property buyers.
Jennet Siebrits: Are homeowners right to feel brighter this year?
CBRE's research chief explains what the firm's latest consumer survey tells us about sentiment, spending and savings patterns & expectations for the year ahead.
Confidence slowly returning to the market – Acadata
Affordability pressures expected to ease but buyers 'cannot afford to throw caution to the wind'
‘Trophy’ West End retail & luxury resi scheme hits the market
Investment giant instructs agents to find buyer for flagship retail unit & 11 high-end apartments.
London vendors holding out for ‘spring bounce’
The traditional seasonal upswing is taking a while to get going, but sellers are already less open to price adjustments, reports agency.