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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‘Now is the time to double down on prime UK real estate,’ says investment firm
Family office-owned Mera Investment Management spies opportunities from non-dom exit; plans to splash £150mn of private capital on prime property in the next 18 months.
By PrimeResi
Notting Hill mansion vendor faces lawsuit over alleged moth ‘infestation’
Unusual case involving £32.5mn super-home centres on pre-sale enquiries & the legal definition of 'vermin'.
Record-breaking ultra-luxe scheme in Chelsea nears sell-out
Latest big-ticket sale at Orion's The Glebe leaves just one apartment remaining.
‘Iconic’ new-builds draw big-ticket buyers to Marylebone
Agency reports 'record' high-end deal run in West End hotspot.
Boutique London property agency launches country house division
Harwood Advisory's new offering will focus solely on country acquisitions & specialise in the South West market.
Ranked: The most popular London neighbourhoods for US househunters
Chelsea & Notting Hill are the top choices for those searching from the States, new data reveals.
Veteran agent joins Douglas & Gordon as a self-employed broker
Daren Haysom was formerly an Area Director with Foxtons.
By PrimeResi
In Pictures: Paolo Moschino-designed mansion in St John’s Wood seeks £40k per week
Palatial 10,700 sq ft residence has been kitted out with an array of 'indulgent' amenities, including an Annabel's-esque private club room.
House prices set to rise 3% in 2025 ‘as a new cycle begins’ – Hamptons
'The mood of the housing market has shifted from trepidation to cautious optimism,' says national estate agency - but Hamptons' longer-term outlook is less bullish than other property market forecasts
By PrimeResi
Rare West End development opp sold at auction
Freehold building in Fitzrovia came with planning for an eleven-storey replacement housing four new duplex apartments.
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