Estate agent Foxtons picks brokers

Foxtons Group, the estate agency which floated on the stock market last year, said yesterday it has appointed Credit Suisse and Numis Securities as its joint corporate brokers with immediate effect. The pair were among the banks that advised Foxtons on its over-subscribed float in September. The group’s shares are 40 per cent above their 230p offer price on the back of a recovering housing market particularly in London where Foxtons is focused.