‘Our performance was not good enough,’ says Purplebricks boss as instructions, revenues & profits plunge
Purplebricks handled 31% fewer instructions in its latest full financial year than in the previous 12 months.
Purplebricks boss Darvey steps down
Hybrid estate agency's Chief Operating Officer, Helena Marston, steps up to the top job as Vic Darvey quits.
‘We expect another busy year’ says Winkworth boss as 2021 revenues exceed forecasts
Winkworth opened six new offices in 2021, and expects "an increase in approaches" from new prospective franchisees in the coming year.
Savills H1 revenue tops £1bn, but profits shrink as resi income falls
Savills has reported a "strong performance comfortably ahead of pre-pandemic level" in the first half of this year - but revenue from residential transactions has fallen by 11%.
Most read
£28mn Knightsbridge mansion sale sets 2025 benchmark
Recent mega-deal on Princes Gate 'reaffirms London’s appeal as a global property destination,' say agents.
Surrey mansion that ‘rivals the world’s most prestigious addresses’ pitched at £50mn
In Pictures: Inside one of the most significant super-prime listings of 2025 so far, the palatial Wentworth Place.
The Times: Who’s buying London’s most expensive new flats?
Investigation lifts the lid on £600mn worth of apartment sales at some of PCL's most prestigious new-build schemes.
Savills expands super-prime lettings operation; recruits new North London chief
Isabella Birch Reynardson's specialist division is expanding into high-value regional rental markets, while Stevie Walmesley has moved from DDRE to lead the team in North London.
John D Wood & Co adds five-branch agency in SW London
Well-known firm with operations in Battersea, Balham, Fulham & Clapham joins prime agency's expanding 'family of brands'.
‘This isn’t just an expansion – it’s a transformation’: US mega-brokerage Douglas Elliman goes global
Major-league luxury real estate brand sets sights on Europe & beyond; high-profile alliance with UK-based Knight Frank 'mutually concluded' after 15 years.
PCL dealmaker Harvey Cyzer on the state of play in Mayfair’s property market
The headlines may be bleak, but sales revenue at OB Private’s Mayfair office is up 228% year-on-year - so are smart buyers seeing what others aren’t?
Global buyers drive $115mn bidding at luxury property auction in London
High-value villas, ranches and vineyards were among the offerings at the latest Concierge Auctions event, held last week at Sotheby's London.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Rhodium brings in former LVMH director for global branded residences push
Luxury sector heavyweight Pierre Mallevays joins Dean Main’s super-prime firm as Strategic Advisor, as it eyes more international growth.
LATEST ARTICLES
Foxtons aims to double profit again with £50mn target
Resurgent estate agency briefs investors on next stage of ambitious growth plan.
Super-prime specialists join ‘London’s original brokerage house’
The London Broker signs ex-Lodha star Philippa Bromley-Martin & Cannes-based luxury specialist Jez Moore as platform expands internationally.
Jo Eccles: On the importance of acting quickly on good value
While many of today's purchasers are focused on discounts, recognising keen pricing is just as key, says top acquisition expert.
Foxtons, Rightmove alumnus joins Lomond to drive further expansion
Sam Mitchell was also CEO of Strike and Purplebricks.
Savills bolsters Edinburgh lettings team
Sophie Strand is leading an expansion of the agency's residential rental operation in the Scottish capital.