Investors like Foxtons partly because it plays the property game two ways. As well as helping to drive the upward price spiral, it has also adapted itself to profit from the increasing number of people who that spiral has left behind. In 2014, 47% of the company’s revenue came from lettings, a far greater proportion than at most other estate agents. The 2014 Foxtons annual report notes with satisfaction: “The lettings market in London is particularly strong and acts as a useful counter to the more volatile sales market.” Among London estate agents, Chris Millington said, “Foxtons is showing by far the best returns. It’s transacting more than twice as much [business] per branch as the others.” Its influence is felt throughout the industry. “We’ve all learned from Foxtons,” Dickinson said. “We all try and do what they’re doing. But they are ahead.” … [Read more...] about Is Foxtons the estate agent London deserves?
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Countrywide, the company behind Hamptons, Bairstow Eves, Taylors and Gascoigne-Pees, has been hit hard by a downturn in the housing market in London and the south-east, a botched revamp of the business and growing competition from new online firms such as Purplebricks. … [Read more...] about 7,000 estate agents at risk of going to the wall, says study
A leader of the District 2 government pointed out that the district steering board for Covid-19 infection prevention and control on February 23 had also asked wards to make lists of South Korean and Japanese people living in apartment buildings in the district and to monitor their health. … [Read more...] about Quarantine proposed for travelers from S. Korea’s Covid-19-hit areas
In the middle of the interview, N Senthil Kumaran’s phone beeps a notification and his eyes light up. “Three tigers and 17 cubs have been spotted roaming near Kabini’s tourist area,” he tells me, barely able to contain his excitement. The information came from a WhatsApp group — Indian wildlife explorers — that has 300 plus IT professionals and animal lovers from all over the country as members. Now Senthil can’t wait to visit Kabini Wildlife Sanctuary, he has lost count of the number of times he has been there, his last visit was on Pongal when he took a gorgeous photo of three leopards sitting on a tree. … [Read more...] about With gradually increasing numbers, tigers give wildlife enthusiasts reason to cheer
Sport Tyson Fury is “almost sure” he will face Deontay Wilder for a third time rather than Anthony Joshua in an all-British four-belt unification fight, after Fury earned the world’s respect with his WBC heavyweight win over the American in Las Vegas. Manu Tuilagi’s barnstorming performance helped soften up Ireland in their Six Nations clash at the weekend, as Eddie Jones’s team give a glimpse of what they are capable of. Defending Women’s Six Nations champions England made it three wins from three against previously unbeaten Ireland with a clinical 27-0 victory in Doncaster. … [Read more...] about Monday briefing: Wuhan eases some travel restrictions