Purplebricks on the rocks as share price plummets [updated]
Purplebricks' management says a 'previously anticipated return to cash generation in early FY24 is unlikely,' but that 'a small number of parties remain in discussions' about the sale of the AIM-listed estate agency.
Purplebricks share shuffle as Woodford sells & Toscafund buys
Beleagured fund manager Neil Woodford has offloaded a chunk of his shares in the hybrid estate agency; hedge fund Toscafund has snapped up a bigger holding
Countrywide share trading frozen as price sinks to a new low
The London Stock Exchange put a pause on the trading of Countrywide Plc shares yesterday, invoking a "Price Monitoring Extension" twice as the price hit a new low
Purplebricks reports 12% jump in instructions
Trading at the heavyweight online estate agency has been "ahead of expectations" in the last six months.
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Brace of Mayfair mansions offered as ultra-prime redevelopment opp
A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.
UK buyer swoops on marquee penthouse at boutique Mayfair scheme
Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.
Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
More speculation about potential tax hikes in November's Budget event.
Battersea Power Station owner reportedly mulls sale
It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.
Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.
Private island in the Thames heads to auction
Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.
Tapping the Top End: Lucian Cook on the potential impact of taxing luxury homes
As the Treasury signals tax changes, Savills' Head of Residential Research examines their potential impact on the prime property market.
Major Irish agency expands with key hires & Knight Frank acquisition
Sherry FitzGerald has bought commercial real estate advisor Knight Frank Ireland, and recruited four senior names from Colliers to its residential business.
Rhodium teams up with design platform Invisible Collection
Exclusive partnership will bring collectible design into Rhodium’s portfolio of ultra-luxury & branded residences.
Weekly Showcase: Ten featured prime resi listings
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In Pictures: Trophy apartment at Clarges Mayfair lists at £39.5mn
Buyer sought for 4,650 sq ft sub-penthouse with two roof terraces at the prestigious development opposite Green Park.
Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.
In Pictures: Cipriani launches branded residences in ‘secret’ South American resort city
Rafael Vinoly-designed scheme in Punta del Este features a trio of 'spectacular' residential towers.
My Property Career: Quickfire Q&A with Polly Ogden Duffy
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
London letting agency under fire over Chancellor’s rental mis-step
Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.