Sparks - Foxtons Group

More on this equity

Male hand showing, offering a new dream house at the empty field with copy space

Foxtons (LSE: FOXT) acquires two commuter town estate agents for £12.6m

Foxtons has completed the purchases of Haslams Estate Agents in Reading and the Imagine property Group in Watford for a total consideration of £12.6m. Both businesses are c 60% exposed to recurring lettings revenue with the former bringing three branches and a book of c 1,700 tenancies, while the latter comes with three branches and a book of c 1,200 tenancies, which in total adds c 10% to Foxtons’ total portfolio of tenancies. Both acquisitions are expected to be significantly more profitable once integrated into Foxtons and will be enhancing to earnings in FY25 and FY26 as synergies annualise.

Next Sparks Commentary in this sector >

Latest

Industrials | Comment

03.07.25

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Equities

Equities by Sector

Sectors

Thematics

Latest

Decarbonising the built environment – Green materials, greener buildings

The advertising ecosystem – Triangulating perspectives

JPMorgan European Discovery Trust – The power of small

Audiovisual

Latest

Vantage: VOF – inside Vietnam’s investment boom (27 June 2025)

Cereno Scientific – executive interview

Partners Group Private Equity in 60 seconds

About Edison

About Edison

Careers

Sparks - Foxtons Group

Latest

THEON INTERNATIONAL (AMS: THEON) – additional order intake

Baltic Classifieds (LSE: BCG) continued good progress

Cereno Scientific (STO: CRNO-B) enters the FN25 Index

AAC Clyde Space (OTCQX: AAC) share issue raising SEK64.5m

Hercules (AIM: HERC) acquire Advantage NRG for up to £15.7m

Subscribe to Edison