Rightmove revenue & profits jump 10%
'We see a long runway of opportunity for digitalisation of the property ecosystem,' says property portal CEO Johan Svanstrom as revenue & profits rise again.
Rightmove’s revenue jumps 7%
Property portal Plc reports 'a strong financial performance during a period of investment, driven by continued demand from agents and new homes developers for our products and services.'
By PrimeResi
Rightmove profits rise again as agents spend more
But the number of property agents using the portal dipped last year, and the management warns that 'customer numbers are likely to drop slightly' again in 2024, 'given the ongoing uncertainty in the macro…
By PrimeResi
Rightmove revenue jumps 10% as property agents spend more
'Rightmove isn't materially impacted by the property cycle,' says new CEO Johan Svanstrom, as the portal's revenue and profits rise despite a slowing market.
By PrimeResi
Companies in this article
RightmoveMost read
Campions acquires boutique PCL agency Aston Chase
Estate agency group steps up expansion with addition of established Prime Central and North West London operator.
Knight Frank expands remit for van Straubenzee amid Middle East push
Private Office co-head to lead regional growth alongside global role
Luxury brokerage recruits two high-flying West London specialists
Euan Rollo was previously a Director at Savills in Notting Hill; Adam Andersson Broholm was a Partner with Knight Frank in Chiswick.
By PrimeResi
The Wealth Report 2026: ‘We are witnessing one of the most significant shifts in global wealth distribution in modern history’
Eight big themes, six key takeaways & a digest of super-rich numbers from Knight Frank's flagship research offering.
By PrimeResi
Savills reports flurry of £10mn-plus country deals
Agency tucks away £112mn worth of super-prime country piles as HNW buyers make their move.
Sales hit halfway mark at luxury Kensington scheme
Residence One says its Allen House project has 'consistently outperformed other schemes'
$550mn Monaco deal could set new global home sale record
Details surface around a transaction in the principality’s ultra-prime Mareterra enclave that would rank among the largest ever recorded.
In Pictures: Berkeley launches ‘jewel in the crown’ at King’s Road Park
Flagship phase of SW London regen scheme to deliver 143 apartments across two Foster + Partners-designed buildings.
Boutique agency lines up another Beaufort Gardens double building at £19.5mn
Working with Knight Frank, Maskells picks up trophy instruction near Harrods after marshalling similar sale last year.
Nearly 1,700 PCL homes relisted or repriced as sellers struggle to secure buyers
AgentWise analysis finds 790 Prime Central London homes back on the market and a further 893 with reduced asking prices; Marylebone, Kensington and Chelsea among the most affected areas.
LATEST ARTICLES
Chestertons reports 21% drop in London buyer enquiries
Uncertainty hits early-stage demand, says major agency, but deals still getting done; 'fairly sharp rebound' possible if rates settle.
In Pictures: 121-acre Victorian Surrey estate with cricketing pedigree asks £9.85mn
Designed by George Devey, the Grade II listed Sendholme comes with its own pitch and pavilion.
Forbes Global Properties names exclusive New York representative
Rebranded brokerage takes NYC role within global luxury real estate network.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Required Reading: The Renters’ Rights Act is (nearly) here
Next week marks the start of 'new age' for the private rented sector, says Jessica Tomlinson of Savills, as she walks us through what incoming legislation means for top-end tenants & landlords.