Rightmove profits plunge by 37%
Estate agents paid Rightmove an average of 28% less per branch in 2020 compared to 2019 - but the property portal expects marketing spending to recover to at least pre-pandemic levels this year.
Dunning rebrands Townends to Stirling Ackroyd; plots more acquisitions
Nick Dunning plans to continue building his property empire, making "at least four acquisitions a year".
Foxtons among ten ‘founder member’ agencies of new property portal Boomin
Bruce brother's new venture names its first tranche of estate agency backers.
UK Sotheby’s opens doors to Channel4 for fly-on-the-wall luxury property TV show
Channel 4 will air an hour-long documentary over Christmas, offering insights into the world of super-prime - courtesy of top-end estate agency UK Sotheby's International Real Estate.
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Caudwell unveils vision for £2bn ‘palace of residences’ in Mayfair
Pre-launch details and new images reveal what we can expect from the RAMSA-designed 1 Mayfair, including 'the finest triplex penthouse ever unveiled in the London ultra-prime marketplace'
Deals & listings flow for Daggers’ DDRE Global as Netflix fame beckons
Four-year-old advisory starring in forthcoming Selling Sunset-style show now has over £1bn worth of international real estate on its books, with an average listing value of nearly £11mn.
Mayfair on track to hit £15,000 psf & become ‘world’s most expensive address’
Low stock levels will push values of trophy new-builds to record heights over the coming years, forecasts Beauchamp Estates
Hamptons director joins Savills’ country house department
Phillippa Dalby-Welsh continues to strengthen her country house sales team, with fourth big appointment of the year so far.
By PrimeResi
Gove’s leasehold reform plan ‘quietly crumbles’
The Housing Ministry is said to be facing 'fierce resistance from the Treasury' over a proposal to set ground rents at peppercorn rates.
By PrimeResi
New estate agency launches in Buckinghamshire
Domus Partners has been set up by James Courtney and Luke Green.
By PrimeResi
Extraordinary Ibiza mansion seeks €16.5mn
Fresh from a starring role in a Netflix drama, Villa Solstice 'is one of the most incredible frontline villas to come to the market in Ibiza for many years,' say agents.
By PrimeResi
Making sense of Mayfair’s super-charged property market in nine charts
New report lifts the lid on the PCL neighbourhood that's outperforming all others, as agency forecasts further growth & 'landmark' deals in 2024
‘Resilience on the Riviera’: Monaco is still the world’s most expensive prime property market
Micro-state continues to punch above its weight on the international stage.
Savills expands in the Middle East
Seasoned pros brought into senior roles as agency eyes further growth across the region.
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Prime property market shows ‘signs of recovery’ as values ‘turn a corner’
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New York, Tokyo & London named world’s ‘most resilient’ cities in 2024
Savills' annual research points to 'an inflection' for global cities in 2024 'as funding environments improve and real estate investment volumes start to recover.'
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