The owner of Humberts, the estate agent, has bought for an undisclosed sum the 50% stake in Chesterton, its rival, held by Vincent Tchenguiz, the property entrepreneur. Mercantile acquired Humberts in June for £3.16m after the company went into administration.
Bond Wolfe raised £18.7m at its September live-streamed auction, selling 196 of the 207 lots in the catalogue and achieving a 95% success rate.
The property industry has made an 11th-hour appeal to the government to slash business rates, arguing that the current level of taxation is unsustainable.
Flexible workspace specialist Will Kinnear has today launched a new venture advising property owners and operators – HEWN.
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