High-end estate agency Foxtons revealed plans to float on the market.


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In a move designed to clear its debts, the company said the offer would comprise a sale of new shares and a partial sale of shares owned by BC Partners, the venture capital firm that completed its exit from Foxtons two years later.

Earlier this year, Foxtons faced a backlash among shareholders over a decision to award a near-£1m bonus to its chief executive.

In late July, the agency delivered its best results in five years, boosted by a pandemic-induced resurgence in London’s property market after years of weak results.