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
By PrimeResi
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
By PrimeResi
Purplebricks reports 12% jump in instructions
Trading at the heavyweight online estate agency has been "ahead of expectations" in the last six months.
By PrimeResi
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Strutt & Parker launches broker team to ‘super-charge’ prime London business
Exclusive: After six months building a crack team of PCL brokers, sales chief Claire Reynolds has unveiled a new 'hybrid' operating model that promises to 'redefine agency' in the capital.
By PrimeResi
OB Private scales up with senior hires & new brokerage arm
Six new recruits arrive - including an established team from Chestertons - as PCL agency rolls out broker platform alongside employed structure.
Grant J Bates Property installs new lettings boss
Ex-Hamptons associate director to spearhead prime lettings push at fast-growing luxury brokerage.
Savills appoints new lettings heads in Surrey
Agency strengthens Cobham and Guildford teams as regulation reshapes the rental landscape.
Talking Heads: How a cyber-attack put the PCL property sector in limbo
PrimeResi hears from some of the capital's top property brokers, lawyers & developers, about how November's IT hack exposed a fragile planning system, put transactions on ice, and continues to cause 'havoc'…
By PrimeResi
Ex-Savills & JLL duo take on Winkworth franchise in north London
Seasoned operators acquire Crouch End outpost & eye expansion.
House Collective adds Hamptons veteran as London expansion gathers pace
Alister Shaw and Paul Davis bolster boutique firm’s West and North London teams.
Dubai luxury scheme sells out on launch after 3,000-broker preview
DIFC Zabeel District’s first resi development fully sold as city's market momentum continues.
Buyer picks up rare project on Belgravia’s Chester Square
Unmod townhouse on arguably the neighbourhood's classiest garden square sold off a £11.95mn guide.
High-end estate agency opens Cotswolds HQ
Boutique firm expands with flagship base in Oxfordshire hotspot.
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Construction has started on a ten-house development in the affluent Surrey area.
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