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
Yopa & Purplebricks build market share, but ‘no-one is safe’ in the online estate agency space
Ranked: the biggest and fastest-growing online estate agencies in Britain
By PrimeResi
Purplebricks has ‘hit a ceiling’ in the UK, claims analyst
Britain's most successful online/hybrid estate agency "has clearly hit a glass ceiling in terms of market share", says sector pundit Mike DelPrete.
By PrimeResi
Top investment analyst downgrades Purplebricks
“Longer-term, we have become more cautious on Purplebricks’ ability to win material market share,” says UBS.
By PrimeResi
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Luxury brokerage drafts trio of seasoned Central London agents from Savills
Mayfair-based property firm confirms more high-profile signings & trails its 'next phase of growth'.
One dollar millionaire leaving the UK ‘every 45 minutes’
Government under more pressure to rethink non-dom crackdown as research reveals scale of HNW 'exodus'.
Grosvenor sells massive stake in Mayfair to Norwegian wealth fund
Norges Bank Investment Management has taken a 25% stake in a £1.2bn property portfolio around Grosvenor Street and Mount Street.
By PrimeResi
Westminster approves Valouran retrofit scheme in West London
Luxury developer to bring The Whiteley site offices back into use as a mix of 'design-led' homes, a restaurant and a bar.
In Pictures: A-list-approved Caribbean estate asks $39mn
'Legendary' villa at Amanyara in the Turks & Caicos Islands is the most expensive listing in the region right now.
Peak Luxury: Four Seasons penthouses to go on sale in Gstaad
Global hospitality firm appointed to manage 'iconic' property in glitzy Swiss ski resort.
Carter Jonas installs national resi sales boss
Dominic Bruneau will oversee the agency's network of 14 resi sales teams across the UK.
In Pictures: On the market for the first time in 700 years, seeking £21mn
Ripley Castle in Yorkshire has been home to the Ingilby family since the early 1300s.
By PrimeResi
DDRE Global founder to star at major US real estate industry event
Daniel Daggers will discuss what international expansion means for brokerages at the Inman Connect Conference in New York this week; as his luxury-focused firm reports a 70% rise in US buyer searches.
‘For those who can filter out the noise of recent weeks, it’s actually a smart time to buy’: Opportunity knocks in ‘good value’ country markets
Those able to hold their nerve could capitalise on the current mood of uncertainty & high levels of quality stock, says agency.
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