Company results
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Investment division drags Newmark down
Capital markets revenue dropped 37% in 2023
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CBRE full-year earnings drop on interest rate woes
The result still marks the third-highest earnings in the firm’s history
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Montagu Evans’ profit and turnover declines
Pretax profit at the consultancy has fallen by 38%
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JLL posts fee revenue drop amid market woes
The slowdown in Q3 deal activity is persisting
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Savills bosses call on ‘bench strength’ to weather market storms
CEO Mark Ridley is upbeat there is still “significant dry powder” to invest in global real estate
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Losses grow at TopHat as turnover tails off
The modular housebuilder’s factory business continues its ambitious investment drive
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Cushman & Wakefield sees revenue fall of 6% for first half of the year
Firm hit by plunging capital markets and service line revenues
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Rapleys posts record revenue
The consultancy’s turnover sees a 25% year-on-year uplift
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TR Property’s 40% fall is just ‘unflattering snapshot in extremely volatile times’
Fund manager Marcus Phayre-Mudge says the “long tail” of small-caps must consolidate or be eaten
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Pets at Home looks to open 40 new stores
The pets and vets business said it made record sales in the last financial year
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JLL capital markets fall ‘outpaces’ other lines
Deals are fewer and farther between and taking longer to close, says the agency
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Grosvenor looks to double diversified property investment business
Group eyes sectors including industrials, student housing and life sciences