Winkworth sees profits fall on a ‘subdued’ sales market
Rising lettings revenue largely offset a decline in sales activity last year, reports the estate agency group - which also notes a 'stronger than expected' start to 2024.
Winkworth reports ‘a slower sales market but ongoing strength in lettings’ as profits slide
Estate agency's pre-tax profits have slumped by 24% compared to last year, while total revenues are down 5%.
Winkworth warns on profits as sales revenue drops 20%
"Property prices have held up reasonably well but transactions have slowed, leading to a high number of agreed sales being delayed to the second half of the year," says leading estate agency.
‘Fundamentally transformed’ Foxtons sees revenue climb 5% despite slump in sales income
Foxtons 'has reclaimed the number 1 estate agency position in London' and 'is now in much better shape than the company I inherited 18 months ago,' says CEO Guy Gittins.
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Halifield Land temporarily closed after director Jason Hobbs fell ill; the firm and its founder are now back in action, seeking development site in London and the South East.
Former Hamptons director acquires ‘design-led’ estate agency Aucoot
Boutique firm unveils new-look senior team & sets sights on expansion within & beyond London.
Pre-Budget speculation spooks Prime London sales market
Fears over looming tax changes are already having repercussions in the capital's top neighbourhoods, as high-end sales slump & appraisals soar.
Deal sealed on ‘one of the most important private estates in Jersey’
Neo-classical inspired mansion, said to rank among the finest private residences created in Britain in recent years, was guided at £32mn.
Financial Times: How Knight Frank is trying to shed its fusty image
Knight Frank's Chair William Beardmore-Gray discusses diversity, growing pains & the 'complicated game' with the FT.
HBA Residential installs super-prime specialist as creative director
Katie Earl takes creative helm at luxury resi arm of hospitality design giant Hirsch Bedner Associates.
In Pictures: LA London’s Summer Party
Architecture & interiors practice assembled the great & good of London's design world to celebrate the season - and the company's recent rebrand.
Young professionals are ‘flocking’ to the West Country, says buying agency
An influx of new permanent residents since the pandemic 'has changed the dynamic for many towns in Cornwall', says Black Brick.
Bumper summer for boutique London estate agency
Arlington Residential reports 'surge' in sales & listings across neighbourhoods from Marylebone to Hampstead.
Voluntary ‘mansion tax’ could be coming to Surrey
Local council looks to rally support for a 'bold' idea pioneered in Prime Central London.
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