US giant Realogy reports $462m net loss
Parent company of some of the world's biggest estate agency brands, including Coldwell Banker, Century 21 and Sotheby’s International Real Estate, has also suspended its partnership with Amazon
Hungarian resi development giant Cordia makes its first UK splash
“Our goal is to become one of the leading and most diversified residential development groups in Europe," says Cordia International's Chairman Tibor Földi.
By PrimeResi
Luxury real estate giant Engel & Völkers exits UK market; continues global expansion
German-based behemoth no longer operating in the UK, following the closure of its sole PCL branch; worldwide commission revenues soar by 11% as major rollout continues across Europe & North America...
By PrimeResi
Savills reports ‘robust’ closing quarter; warns on 2019 market falls
Global real estate advisor in line to meet full-year expectations, but foresees 2019 being overshadowed by macro-economic and political uncertainties, bringing declines in transaction volumes 'in a number…
By PrimeResi
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Knight Frank names new Senior Partner & Group Chair
Rory Penn is to succeed William Beardmore-Gray at the helm of the global property consultancy in April 2027.
Bentry lines up super-prime play in Hampstead after pre-Budget swoop
Investor-developer sees off strong competition to secure landmark Edwardian mansion for £16.4mn; plans to deliver around 50 top-end apartments as part of grand 'Sandringham-style' residence.
Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
London house prices to flatline until 2028 as prime markets ‘remain subdued’
Leading estate agency forecasts a property market 'power shift' as the capital's recovery is 'delayed' & regions significantly outperform.
By PrimeResi
Strutt & Parker brings in Madison for PCL expansion drive
Heritage estate agency recruits top-end operator - the latest in a run of high-profile hires - to extend prime market coverage as part of 'ambitious' growth strategy.
Rare Bayswater development opp sells for £21mn
Former office building came with consent for a 17-unit apartment scheme designed by Ross Alexander Lambie Architects.
High-value sales jump as Budget clarity brings ‘short-term relief’ in Prime London
£5mn-plus exchange volumes were 21% above the five-year norm last month, although PCL prices recorded their steepest annual fall since 2021.
Expert Panel: Prime Central London has hit a ‘critical inflection point’
Property & HNW industry leaders unpack the volatility, policy churn & changing buyer geography defining a new era for ultra-prime London.
Barnes joins UK Sotheby’s International Realty as Senior Director
Well-known dealmaker Simon Barnes has signed to George Azar & Alex Isidro's team in PCL.
By PrimeResi
Government confirms ‘developing approach’ to mansion tax valuations
Exchequer Secretary hints at how £2mn+ homes will be revalued for the new High Value Council Tax Surcharge.
By PrimeResi
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Mapped: How second-home Council Tax premiums are ‘warping’ the property market
TwentyCi analyses the impact of higher taxes on holiday homes in local property markets across the UK, noting strong public support despite 'unintended consequences' in some areas.
By PrimeResi
Building Legacies: Michael Houlding of Boldfort on delivering London’s top-end homes
Interview: MD of longstanding family-run contractor reveals what it really takes to create dream residences for UHNW clients, from Belgravia to Notting Hill.
Treasury’s reliance on top-end property market exposed in new SDLT figures
Government's latest tax tinkering could be a risky move, warns Savills, given £2mn-plus deals contribute 42% of the total resi SDLT take for London.
Weekly Showcase: Ten featured prime resi listings
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Accor to roll out Raffles-branded residences in Bali
28-unit scheme will be a 'showcase' for the hospitality giant’s next wave of branded projects.