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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Trio of heavyweight Chestertons agents join Azar’s growing brokerage in PCL
Top-billing sales pros Rowland King, George Smith & Matthew Chard have signed to UK Sotheby's International Realty.
By PrimeResi
‘The government got it wrong’: Prime property insiders react to non-dom U-turn rumours
UPDATED: Key inheritance tax rule 'under review' amid wave of high-profile departures, reports suggest.
LonRes Awards 2025: The Winners
London's top dealmakers were recognised at the firm's 25-year anniversary bash in Belgrave Square on Wednesday night.
LonRes founders Carrington & Payne on 25 years in the prime London property arena
A personal view of how Prime Central London has evolved since the turn of the century, by William Carrington & Anthony Payne - who founded LonRes in the year 2000.
Reuben Brothers brings in ‘disruptive’ luxury agency for One Carrington sales push
Luxury specialist OB Private joins the teamsheet at newly completed apartment scheme in Mayfair's midst.
In Pictures: Park Modern penthouse pitched as ‘the finest new turn-key residence in London’
Listed at £42mn, the five-bedroom apartment features interiors designed by Fenton Whelan's in-house team.
By PrimeResi
Charted: The evolution of London’s prime property market, 2000-2025
Exclusive LonRes data reveal which parts of the capital’s prime property market have seen the most significant price growth over the last 25-years.
By PrimeResi
Investor swoops on pair of Knightsbridge apartment buildings
Boutique PCL agencies collaborate on big-ticket deal just around the corner from Harrods.
Dubai soars as global super-prime market ‘hits a new gear’
Knight Frank reports overall rise in $10mn property deals around the world, but ‘adverse taxation shifts’ take their toll in London.
Have PCL property prices really dropped 60% in a year?
It depends on which data you look at, and caveats apply.
By PrimeResi
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UK set for record wealth exodus in 2025
This is a 'pivotal moment' in global wealth migration, says Henley & Partners as Britain 'leads the world in millionaire outflow'.
By PrimeResi
From policy shock to property strategy: Charlie Gibson on navigating the ‘Reeves reversal’
Amid the chaos of recent weeks, smart buyers have been seeking value where others see volatility, negotiating leverage - and backing London's long-term fundamentals, reports top PCL agent.
In Pictures: St John’s Wood Police Station reworked as ‘design-led rental concept’
Gabriel Chipperfield's design & development studio Wendover repurposes a 'much-loved' neighbourhood building for modern living.
‘Almost mythical’ Chelsea estate could be worth £250mn-plus, says luxury broker
Nest Seekers International’s Ali Khadir weighs in on significance - and speculative value - of landmark property in SW3, as billionaire owner voices disillusionment with UK.
Sustainability sells: Landlords say tenants willing to pay more for green features
'Sustainable properties aren’t just good for the planet, they’re good for business', says Handelsbanken.
By PrimeResi