Winkworth’s revenue slumps from 2021’s ‘extraordinarily strong’ performance
"Our first half results are not flattered by the comparison with the extraordinarily strong first half of 2021," comments CEO Dominic Agace, "but show that our business has developed well since the last year of normalised trading in 2019."
LSL profits stay strong despite drop in estate agency revenue
"We expect that the impact of housing market cycles will continue to have a reducing impact on the Group's results," says major property Plc, which owns estate agency brands including Marsh & Parsons.
Connells Group revenue falls 13% on ‘less frenetic’ property market
The owner of estate agencies including Hamptons and John D Wood "remains positive" despite falling revenues.
Lettings revenue helps Foxtons ‘get back on the front foot’ as CEO changes
Foxtons says interim CEO Peter Rollings has made "significant progress against plans to reset the business and get back on the front foot," in advance of new boss Guy Gittins taking the reins in September.
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Strutt & Parker launches broker team to ‘super-charge’ prime London business
Exclusive: After six months building a crack team of PCL brokers, sales chief Claire Reynolds has unveiled a new 'hybrid' operating model that promises to 'redefine agency' in the capital.
OB Private scales up with senior hires & new brokerage arm
Six new recruits arrive - including an established team from Chestertons - as PCL agency rolls out broker platform alongside employed structure.
Grant J Bates Property installs new lettings boss
Ex-Hamptons associate director to spearhead prime lettings push at fast-growing luxury brokerage.
Talking Heads: How a cyber-attack put the PCL property sector in limbo
PrimeResi hears from some of the capital's top property brokers, lawyers & developers, about how November's IT hack exposed a fragile planning system, put transactions on ice, and continues to cause 'havoc'…
Ex-Savills & JLL duo take on Winkworth franchise in north London
Seasoned operators acquire Crouch End outpost & eye expansion.
House Collective adds Hamptons veteran as London expansion gathers pace
Alister Shaw and Paul Davis bolster boutique firm’s West and North London teams.
Dubai luxury scheme sells out on launch after 3,000-broker preview
DIFC Zabeel District’s first resi development fully sold as city's market momentum continues.
Buyer picks up rare project on Belgravia’s Chester Square
Unmod townhouse on arguably the neighbourhood's classiest garden square sold off a £11.95mn guide.
High-end estate agency opens Cotswolds HQ
Boutique firm expands with flagship base in Oxfordshire hotspot.
Cohort agrees £20mn loan against £56mn Mayfair home
Big-ticket refinancing was agreed in only three weeks.
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Chelsea’s Marriott-branded residences enter final release with more than half sold.
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Consero starts works on ‘flagship’ Virginia Water scheme
Construction has started on a ten-house development in the affluent Surrey area.
‘Buyers remain firmly in control,’ says national buying agency
'Momentum should not be confused with market reality,' warns Garrington in its February market sit-rep.