Savills warns on global uncertainty as profits slip; reports super-prime deal surge in London
Real estate giant predicts declines in transaction volumes 'across a number of markets' in 2019; full-year results reveal dip in group profits, although UK resi business turns in a 'resilient' performance in the face of 'challenging' conditions, with an eye-catching spike in super-prime deals.
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
VanHan founders to join Knight Frank’s super-prime Global Wealth Advisory team
Rory Penn and Thomas van Straubenzee are joining Knight Frank to build a global "market leading private office platform"
Super-prime specialist Beauchamp to open a second French outpost
Top-end estate agency Beauchamp is re-opening its London and international offices after Coronavirus lockdowns, and has ranked the "detail and quantity of procedures" for Covid-19 safeguarding in each…
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Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Savills snaps up top-end London lettings firm
Acquisition sees PCL veteran Mark Tunstall return to the agency as co-head of super-prime lettings in the capital.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
Six ways the new High Value Council Tax Surcharge could change the luxury property market
From shifts in pricing and transaction levels to new-build activity, the OBR has released fresh forecasts for how the prime resi market could be affected by 2028's new annual levy.
Allsop recruits former Savills director to lead new planning department
'We are pressing on with our strategy of growth in complementary business areas,' says property consultancy boss.
‘A rare arrival on the lettings market’: Bayswater duplex seeks £10k pw
The marquee apartment in Redrow's 2015 Connaught Place development is available to rent.
In Pictures: Brand new Wentworth mansion with rare fairway access seeks £21.5mn
Buyer sought for 18,000 sq ft new-build on prized 1.42-acre plot.
D&G adds another self-employed broker in Central London
Keelan Forbes has returned to the agency after a spell with Savills.
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1508 London to design Baccarat-branded Maldives scheme
London-headquartered firm joins team delivering French crystal brand’s first residences in the Indian Ocean.
Bidwells adds brace of planning partners in London
Property consultancy says it 'is substantially growing its presence in the capital'.