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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Luxury brokerage drafts trio of seasoned Central London agents from Savills
Mayfair-based property firm confirms more high-profile signings & trails its 'next phase of growth'.
Regent’s Park trophy mansion reportedly finds a buyer at £139mn
One of London's biggest ever luxury home sales.
By PrimeResi
Westminster approves Valouran retrofit scheme in West London
Luxury developer to bring The Whiteley site offices back into use as a mix of 'design-led' homes, a restaurant and a bar.
Grosvenor sells massive stake in Mayfair to Norwegian wealth fund
Norges Bank Investment Management has taken a 25% stake in a £1.2bn property portfolio around Grosvenor Street and Mount Street.
By PrimeResi
Interview: Ultra-prime property investor & developer George Brooksbank on trophy homes, HNW trends & why London remains the capital of the world
'Developing homes is our business, and we are very good at it': PrimeResi meets the boss of Fairway Capital & Leconfield to discuss crafting timeless residences, the new generation of luxury buyers & the…
In Pictures: On the market for the first time in 700 years, seeking £21mn
Ripley Castle in Yorkshire has been home to the Ingilby family since the early 1300s.
By PrimeResi
DDRE Global founder to star at major US real estate industry event
Daniel Daggers will discuss what international expansion means for brokerages at the Inman Connect Conference in New York this week; as his luxury-focused firm reports a 70% rise in US buyer searches.
Prime Central London prices down by over 20% since 2014
Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.
Knight Frank completes digital client portal rollout
Agency adds suite of online tenant & landlord functions as part of latest CX upgrade.
UAE developer brings on football icon as ‘brand adviser’
Major Developers is collaborating with World Cup winner Francesco Totti.
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Home Counties prices slide by 9% in a year
'It’s clear that buyers were able to secure some great deals last year', reports Investec, as average reduction tops £150k.
Herman Melville’s historic London home goes hunting for a buyer
Georgian end-of-terrace where Moby Dick author once lived could be 'one of the most spectacular townhouses on the Embankment', say agents.
£45k per week: Inside London’s biggest rental deal of the past year
UHNWIs have been splashing the cash on ultra-luxe short lets, including this 8,000 sq ft contemporary mansion in Notting Hill.
Scotland’s prime property market sees ‘a significant recovery’
Transactions are up but many sellers are having to rein-in price expectations.
By PrimeResi
Thousands more construction & property firms on the brink of collapse
Insolvency firm reports 'historic' rise in number of businesses in dire financial straits as economic outlook worsens.