Covid-19 has hit Rightmove revenues ‘ten times’ harder than other portals
Analyst Mike Del Prete has looked into Covid-19's effect on global real estate portal revenues, suggesting that the UK's number one portal has been hit significantly harder than international comparables.
Taking a Hit: How property portals are reacting to Covid-19
Property portals around the world are rallying to retain customers as the Coronavirus lockdown quells market activity; British portals are offering the deepest discounts of all.
By PrimeResi
Rightmove’s revenue & profits have taken a big hit this year
UK's biggest property portal reports a 34% drop in revenue and a 43% fall in operating profit after offering a 75% discount support package to agents during lockdown.
By PrimeResi
Property portals are ‘displacing agents’ by ‘moving closer to the transaction’, says proptech expert
'In their efforts to diversify revenue streams, real estate portals are moving closer to the transaction and doing more of the transaction', says Mike DelPrete in an in-depth report on the future of property…
By PrimeResi
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To mark International Women’s Day, senior figures from across the sector reflect on the decisions, risks & pivots that shaped their lives & careers - from ‘sliding doors’ moments to leaps of faith.
High-profile private members club seeks Branded Residences Director
Soho House reveals it is 'launching a new Branded Residences vertical.'
By PrimeResi
The New 2% Club: Jamie Hope on pricing in Prime Central London’s leaner market
The era of the ‘comfortable 10% cushion’ is over, says boutique agency boss - today’s market rewards accuracy, not optimism.
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Tom Bill: How the Middle East conflict could affect the UK housing market
Rising energy prices and shifting rate expectations could reshape mortgage costs and buyer sentiment, explains Knight Frank’s head of UK resi research.
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Super-prime rental deals surge in London
£5,000-per-week-plus tenancies up 8% year-on-year as internationally mobile tenants prioritise flexibility.
Rupert des Forges: ‘London is becoming a dip-in, dip-out city for the super-rich’
'The capital might not be [UHNWI's] full-time base any more,' says Knight Frank veteran, 'but it is still an anchor for social & business life.'
By PrimeResi
Banking heavyweight flags postcode divergence across Prime London market
Buying conditions are ‘favourable’, says Investec, as analysis points to opportunity across three key districts.
Top-end country agency lines up £80mn of stock as selling season starts early
The Private Office founder Trevor Kearney cites 'quiet confidence' as some very high-end Surrey residences are brought to market.
D&G adds new central London partner
Lettings specialist Sharlotte Cooper previously ranked among Hamptons’ top performers.
Big-brand agency franchise in PCL goes up for sale
Winkworth is seeking an 'entrepreneurial property expert' to take over the established hub in one of the capital’s top HNW hotspots.
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