Savills posts record results as residential sales revenue doubles
Like other property PLCs, Savills' profits have surged this year. The firm's UK Residential Transaction Advisory business posted record revenue in H1, nearly doubling (+97%) compared to last year.
Savills creates a dedicated super-prime team; rejigs residential offering in PCL
Resi agency and development sales in prime London are being integrated at Savills, which now claims to have the capital's biggest residential sales team
By PrimeResi
Knight Frank trumpets record results in regional hubs; plots big expansion for the regional Resi Development business
“Regional property and development is going to drive the UK’s post-Covid-19 recovery over the coming years," says Knight Frank, as the firm reveals plans to grow its regional Residential Development…
By PrimeResi
Foxtons sees a 10% slump in sales revenue
As Chairman Garry Watts bows out, London estate agency Foxtons reports a "robust performance in difficult market conditions" in 2019, with falling revenues from sales and lettings.
By PrimeResi
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Interview: New UK Sotheby’s International Realty MD Alex Isidro on what’s next for the luxury brokerage
PrimeResi quizzes the high-profile real estate agency's recently-appointed boss about bumper sales figures, brand-building, and why this business is 'all about people, not property'.
£22mn penthouse sold in £50mn deal spree at top-end Kensington scheme
Lodha confirms launch date for next sales phase at Holland Park Gate following another run of big-ticket transactions.
Government proposes the ‘biggest shakeup to the homebuying system in this country’s history’
Consultations have opened into significant & wide-ranging reforms that promise to 'rewire a chaotic system which has become a barrier to homeownership.'
By PrimeResi
‘Landmark’ townhouse sale concluded in Chelsea
'Discerning buyers are focusing on best-in-class assets', says agency, confirming sale of near-£28mn trophy home as part of £100mn deal run.
London Square gears up to launch sales at landmark heritage conversion project
Ambitious transformation of former Surrey County Council HQ is to deliver 264 new homes, with completion set for 2027.
Country house guru Sweeting joins high-end valuation firm
Longstanding Knight Frank figure has taken up a consultant role at James Wyatt's Parthenia.
Seven key themes in the global branded residences sector
From standalone towers to wellness-led living, these are the big trends shaping luxury branded residences worldwide.
Influential committee calls for ‘major reform of the whole property tax system’
'The case for major reform of the whole property tax system – from Stamp Duty Land Tax to Inheritance Tax to Council Tax and VAT – is almost unarguable,' says Sir Vince Cable.
By PrimeResi
Luxury developer Amara Property adds Sales & Acquisitions Director
Warren Leader has joined Rutu Buddhdev's team.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
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