Rightmove revenues jump as agencies spend more
Estate agencies are spending 10% more per month with the property portal than in the previous year
Rightmove profits jump as estate agencies spend over £1,000 per month on advertising
The property portal's average monthly revenue per advertiser (ARPA) increased from £922 in 2017 to £1,005 in 2018, while the number of member branches has 'remained stable'.
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.
Rightmove’s revenue & profits jump 10%, but agency numbers dip
3% fewer estate agents are listing properties on Rightmove compared to last year - but they are spending more
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Luxury hotel group Maybourne recruits Walsh to lead ‘ambitious’ branded resi drive
Owner of Claridge's, The Berkeley & The Connaught brings in The OWO's former sales chief to lead global branded residential strategy.
Knight Frank cuts house price forecast; PCL set for -4% drop this year
'A combination of high supply & faltering confidence means we now expect slower UK house price growth this year & in 2026,' says research chief Tom Bill - with prime markets set for sharp declines.
Knight Frank boosts PCL lettings team with senior hires
Agency recruits seasoned operators from Hamptons & CBRE for key roles in Chelsea & Knightsbridge.
London property ‘no longer a safe bet’, warns top wealth manager
'The London property boom is well and truly over,' declares Rathbones
‘A market in transition’: Inside London’s evolving luxury resi development scene
New report reveals how policy, branding & global demand are reshaping the next phase of the capital’s ultra-prime development cycle.
Super-prime St John’s Wood mansion finds a buyer
Trophy home on Hamilton Terrace sold 'within a few months' of being listed at £20mn.
Indie estate agency Wilfords branches out in SW London
Boutique firm adds to its growing network with a new base close to Clapham Common.
Super-prime Notting Hill development opp seeks £12mn
Buyer sought for standout freehold property with "one of the most ambitious planning consents in the area".
‘A fundamental reshaping of the global wealth landscape’: Europe re-emerges as a prime destination for the super-rich
'What we’re witnessing is more than just a demographic shift,' says Knight Frank, as the firm reveals who is buying what, where, and why...
International luxury brokerage launches, promising ‘a new era of property marketing’
Led by former Nest Seekers boss Daniel McPeake, London-based Aperture Global UK wants to 'set a bold new standard for how prime properties are represented.'
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New name on the luxury development scene targets north London sites
Gracie Group launches with a £550mn portfolio & ambitions to expand across the capital.
W-branded apartment sets new Manchester price record
£3.5mn unit at ultra-luxe scheme achieved the highest per square foot rate ever recorded in the city.
Super-prime building firm appoints trio of new directors
Phin Isles, Philippa Waldron & Charlie Ellis have all stepped up as directors at London-based CC Construction Group.
Winkworth sales revenue jumps 27%
Estate agency boss is 'delighted' with the latest interim results.
Industry Reactions: UK annual house price growth slows to 2.8%
'This is a cooling, not a collapse,' comments one buying agency boss on the latest ONS house price index.