Foxtons’ shares up almost 13 per cent after revenue spikes by a quarter on last year October 27, 2022 Estate agent Foxtons’ shares were up almost 13 per cent after it reported a 25 per cent spike in revenue in the third quarter compared to 2021. Its overall intake was at £43.8m for three months to September compared to £35.1m last year in the same period. Following its reported results, Foxtons shares went up [...]
Foxtons nabs Chestertons boss for CEO job as estate agent eyes larger London presence May 30, 2022 Foxtons has appointed Guy Gittins to head the London estate agent from this autumn. Gittins, who currently holds the title of chief executive at rival estate agent Chestertons, will take on the job of Group CEO at Foxtons on 5 September. He will be replacing Nic Budden, who has been CEO of the London-listed company [...]
Foxtons throws £10.5m at growing London property market share with two takeovers May 26, 2022 Estate agents Foxtons has thrown £10.5m at two takeovers, in a bid to snap up an even larger share of London’s property market. The London-listed group has bought IMM Properties, which trades under the name Gordon & Co in South London, as well as Stones Residential in North London. The deals are expected to improve [...]
Foxtons reports ‘much improved performance’ as profits hit top of expectations January 27, 2022 Foxtons announced it had a much improved performance in 2021 with profit at top end of expectations.
Revenue soars for London estate agent Foxtons as ‘hustle and bustle of city life’ returns March 2, 2022 London estate agent Foxtons has posted buoyant revenue of £126.5m, up on pre-pandemic levels. The company reported revenue up 35 per cent against 2020 and up 18 per cent against 2019, in financial results published on Wednesday. The boosted results come as renters have flocked back to London with the scrapping of Covid restrictions. The [...]
Mark Kleinman: Why the City’s bonus cap move may not deliver Brexit bonus May 9, 2024 Mark Kleinman writes a weekly column for City A.M. - this week on Goldman bonuses, Foxtons' next move and broker job cuts
Lettings head at Foxtons joins rapidly-growing Lomond Group to lead entry into London market March 9, 2022 Ed Phillips will leave his position to become the new group CEO at the Lomond Group, as the latter builds on a busy 12 months that included 25 key acquisitions.
Shareholder backlash forces Foxtons to review bonus policies September 29, 2021 Property giant Foxtons said this morning it plans to review its bonus policies after facing a backlash from shareholders who said they were too generous. Investors showed their fury at the company at its annual shareholder meeting in April with just under 40 per cent voting against an almost £1m bonus for its chief executive [...]
Foxtons reports strong results as renters return in droves to London October 28, 2021 Estate agent Foxtons has reported strong third quarter results, driven by sales transactions at their highest level in five years and rental tenants returning to their pre-Covid living arrangements in the City. The sales and lettings agency reported sales revenue of £38.3m, up 114 per cent from £17.9m in the third quarter last year, and [...]
Nigel Rich appointed new Foxtons Chairman following investor revolt September 17, 2021 Foxtons Group, London’s leading estate agency, has announced the appointment of Nigel Rich CBE as its new Chairman. Mr Rich will replace the group’s Chairman of eight years, Ian Barlow who has been under heavy fire from investors in recent month over company salaries and dividend payments. Nigel Rich will be paid £150,000 per annum, [...]