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.
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.
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.
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OB Private boosts Mayfair team
Luxury agency's new hire, Joe Mason, brings experience from Savills’ flagship Knightsbridge and Sloane Street offices
Green light for new Finchatton apartment scheme in Knightsbridge
Super-prime developer to transform two historic townhouses just around the corner from Harrods; promises 'best product to date'.
Spain floats 100% property tax for non-EU buyers
Spanish Prime Minister unveils plan to tackle 'grave' housing crisis with huge tax hikes on overseas buyers.
Deal sealed on £18.75mn Holland Park townhouse
'When an exceptional house is correctly priced, demand can be strong,' reports agency.
Former UK SIR director & Knight Frank partner signs to Harding Green
Ryan Stokes spent a decade with Knight Frank before moving to UK Sotheby's International Realty.
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.
Peak Luxury: Four Seasons penthouses to go on sale in Gstaad
Global hospitality firm appointed to manage 'iconic' property in glitzy Swiss ski resort.
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.
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.
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In Pictures: Chalegrove completes 48-storey Canary Wharf apartment tower
The Make-designed One Thames Quay - now two-thirds sold - has been kitted out with a private bowling alley, bouldering wall & 'sky gym'.
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'.
Some new sellers ‘may have been too optimistic on their initial pricing’ – Rightmove
Property portal reports significant January jumps for both new sales listings & asking prices.
Ranked: Which UK housing markets are primed for the biggest price rises in 2025?
Many prime markets are set for slower growth, predicts portal.
‘The outlook for the prime rental market remains robust’ despite slower growth
Top-end rental markets are adjusting to a 'new normal', says Savills.