Savills profits slump as ‘obvious challenges’ hit global real estate activity
London-listed international real estate consultancy has seen pre-tax profits fall from £50.4mn in H1 2022 to just £6mn in H1 2023. But Prime Residential markets "have remained relatively buoyant".
Chestertons buys boutique Chelsea estate agency in third acquisition of the year
London estate agency's 'exciting acquisition programme' continues, with another well-established prime business joining Salah Mussa's firm.
By PrimeResi
New head for Savills Global Residential Development Consultancy
Rico Picenoni has stepped up to spearhead the global real estate firm's branded residential consultancy offering.
By PrimeResi
Interview: Lindsay Cuthill on launching a new estate agency & selling best-in-class country houses
In conversation with PrimeResi, the hugely-respected former head of Savills' Country House Department discusses his new venture, the business of estate agency, and the state of the luxury property market.
By PrimeResi
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Luxury brokerage drafts trio of seasoned Central London agents from Savills
Mayfair-based property firm confirms more high-profile signings & trails its 'next phase of growth'.
One dollar millionaire leaving the UK ‘every 45 minutes’
Government under more pressure to rethink non-dom crackdown as research reveals scale of HNW 'exodus'.
London Square picks up prominent Ransome’s Wharf site opposite Chelsea Embankment
Property developer continues its dramatic run of prime London site acquisitions since becoming part of Aldar in late 2023.
By PrimeResi
In Pictures: A-list-approved Caribbean estate asks $39mn
'Legendary' villa at Amanyara in the Turks & Caicos Islands is the most expensive listing in the region right now.
Peak Luxury: Four Seasons penthouses to go on sale in Gstaad
Global hospitality firm appointed to manage 'iconic' property in glitzy Swiss ski resort.
In Pictures: Chelsea Waterfront’s Powerhouse reaches completion
Painstaking 15-year project has transformed a century-old SW London landmark into a striking new luxury apartment scheme.
Carter Jonas installs national resi sales boss
Dominic Bruneau will oversee the agency's network of 14 resi sales teams across the UK.
Investec backs Wentworth Estate super-home project
£11.5mn loan tees up latest endeavour by luxury developer Applegate Homes.
NDAs in prime property transactions: Essential privacy tool or negotiation hazard?
Top buying agent Jazmin Atkins evaluates the pros and cons of using confidentiality agreements in elite-level real estate deals.
‘Innovation in services & amenities will become increasingly essential’: On the future of branded residences
As the branded resi sector continues to grow at a remarkable pace, Michele Galli of The One Atelier explores what’s driving the evolution and resilience of this luxury niche.
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A slow start to the year continues in prime London.
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