Profits escalate for Rightmove as agents and developers spend more
Portal's revenue and profits rise as customer numbers reach a new record high
What to read next
Rightmove profits up as more advertisers spend more
Rightmove is doing pretty well, with big increases showing across the board in today's Half Yearly Results: The number of advertisers on the portal is up a bit (3.
“New Normal” developers follow the money, not the story, to reach HNW buyers
Developers are talking a good game about attracting British buyers to their shiny new builds, but it's all puff: everyone knows that the real money is still overseas, says Charlie Ellingworth of Property…
Developers cater for Asian influx
With Asian buyers reportedly accounting for 60 pc of new build properties purchased in Central London in 2011, developers are increasingly tailoring projects to appeal to their top demographic.
Most read
Brokerage pulls off £48mn Belgravia hat-trick
Big-brand agency defies tough market conditions to complete three super-prime deals in as many weeks, as younger international wealth turns its attention to one of PCL’s traditional strongholds.
Strutt & Parker recruits PCL heavyweight to head Knightsbridge & Belgravia office
Jonny Fieldman has moved from Knight Frank to lead Strutt's Sloane Street operation, as the agency continues a high-level hiring spree in the capital.
Knight Frank adds four more London brokers to affiliate network
Latest recruits take on key patches across South West, West and North London as agency presses on with rollout of its US-style broker model.
£500mn RBKC scheme ‘back on track’ after Ardmore collapse
Construction restarts on 462-home project under new main contractor as developer reports nearly £40mn of early off-plan sales.
‘The industry is changing dramatically’: Russell Simpson’s Bertie Russell on growing the family business & the future of prime agency
INTERVIEW: PCL agency boss discusses carving out a place between the corporates and brokers, pushing into new prime London markets and keeping the boutique edge.
Luxury London developer falls into administration
Begbies Traynor appointed to boutique firm behind a number of top-end resi projects across the capital.
Regent’s Park trophy home hits the market at £15mn
Grade I listed residence comes with views over the park and its famous boating lake - and towards one of the most expensive properties ever sold in the UK.
Deal sealed on £15mn Claudio Silvestrin-designed Hampstead villa
The near-8,000 sq ft LA-style residence, described as the ‘epitome of minimalist cool’, went to a European family relocating to London.
£13mn Wentworth trophy home sparks competitive bidding
Agency reports ‘robust’ demand for best-in-class homes as British buyer snaps up standout new-build residence on the exclusive private estate.
Savills profits jump 47% despite UK resi slowdown
Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.
LATEST ARTICLES
Super-prime fit-out specialist eyes £100mn turnover amid resi push
130-year-old firm behind interiors at The Peninsula and The Londoner expands residential offering with three of London’s most anticipated luxury schemes in the works.
Nine in ten SME developers warn new levy will make projects ‘financially unviable’
Stark new findings suggest more than a third have already delayed, redesigned or cancelled projects, with 87% of smaller operators in London rethinking investment.
My Property Career: Quickfire Q&A with Marc Goldberg
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Forbes Global Properties adds Australian super-prime specialist to board
Private Property Global founder Tracey Atkins joins leadership of international luxury property network.
Zara billionaire picks up Marylebone rental block for £150mn
Amancio Ortega's Pontegadea has made a notable play in London's built-to-rent arena.