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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Grade I Belgravia mansion goes for £35mn
Biggest house deal officially filed so far this year revealed.
Trio of agents appointed to lead sales at REDD’s One Palace Green
Super-prime resi scheme overlooking Kensington Palace Gardens is set to complete this summer, delivering a collection of top-end apartments priced from £15mn.
St John’s Wood Square marches towards launch, hitting major construction milestone
The former barracks site in NW London is being transformed into a 120-home super-prime scheme by a team led by Sir George Iacobescu.
Knight Frank doubles down on super-prime lettings amid ‘surging’ top-end demand
Agency appoints new Co-Head of Super Prime Lettings for PCL as globally mobile UHNWIs continue to drive activity above £5,000 per week.
Knight Frank in fresh New York push with luxury brokerage tie-up
Big-brand property consultancy declares a 'major milestone' for the business as it signs a new partnership in the Big Apple.
Deal sealed on £20.5mn duplex at Knightsbridge Gate
Buyers returned to the heritage-led boutique development after looking at competing super-prime projects across Prime Central London.
Rich List 2026: Britain’s 50 wealthiest property tycoons
Annual rundown of Britain’s richest families and individuals puts combined wealth at £784bn - up slightly on last year - but shows more UHNWIs are now based overseas.
Top-end brokerage tests auction route with Grosvenor Square penthouse
Mayfair duplex once asking £22mn returns with an £11.5mn opening bid via a rarely used super-prime sales process.
London Square gathers top design names for Milan debrief at new Mayfair HQ
The Aldar-owned developer has ramped up its presence in PCL with a luxurious new Bruton Place base.
Knight Frank rolls out new commission and pay structures
‘Significant evolution’ across estate agency business includes new performance incentives, as 130-year-old firm looks to 'provide visibility over earning potential'.
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Rightmove reports ‘surprisingly strong market confidence’ as new asking prices climb
Yet a third of existing listings have had their asking price reduced, as supply runs at an 11-year high.
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Ranked: Britain’s top 10 prime & super-prime property agencies by market share
Savills leads for £1mn+ listings, but is just pipped by Knight Frank in the super-prime arena, according to a specialist marketing firm's analysis.
Landlord acquisitions jump to a ten-year high
Hamptons says the increase 'has predominantly been driven by larger investors buying from smaller landlords.'
Central London rents have risen 6.7% in the last year – Hamptons
Estate agency suggests new Renters' Rights rules 'are already adding to upward pressure on rents.'