Purplebricks‘ UK revenue tumbles 11%; instructions down by nearly a quarter
Hybrid agency says it is ‘emerging through the Covid-19 pandemic in a very strong position’, with a healthy cash balance of £66m and a focus ‘fully on the UK’
LSL’s estate agency profits dive by 24% despite rising revenue
Property Plc writes down the value of its investment in hybrid estate agency Yopa by 60%.
By PrimeResi
Purplebricks backs out of America as operating losses double
Hybrid estate agency reports strong growth in the UK, but is winding down US operations as operating losses double
By PrimeResi
Keller Williams partners with Purplebricks alumnus’ ‘Amazon for property’ start-up
Purplebricks alumnus Richard Jacques has launched a property investment marketplace that he calls an "Amazon for property", and signed a deal with franchised estate agency network Keller Williams
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'.
London Square picks up prominent Ransome’s Wharf site opposite Chelsea Embankment
Property developer continues its dramatic run of prime London site acquisitions since becoming part of Aldar in late 2023.
By PrimeResi
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.
In Pictures: Chelsea Waterfront’s Powerhouse reaches completion
Painstaking 15-year project has transformed a century-old SW London landmark into a striking new luxury apartment scheme.
Investec backs Wentworth Estate super-home project
£11.5mn loan tees up latest endeavour by luxury developer Applegate Homes.
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
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
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Suburban & inner commuter regions have shown some resilience, but prices continue to correct in second home hotspots, reports Savills.
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