Estate Agency Foxtons Targets Commuter Towns in Drive for Growth

Estate agency Foxtons targets commuter towns in drive for growth

London’s biggest estate agency, Foxtons, expects ever-rising demand for rental homes in and near the capital to help it double its profit in the medium term. The sales and lettings agency outlined plans to double its profit to £50m over the medium term by acquiring estate agents in commuter towns, integrating AI, and enhancing consumer loyalty. Chief executive Guy Gittins has been vocal about his desire to push growth at Foxtons, overseeing its …

Foxtons announces ambitious plan to double profits in 2025

Foxtons Group is set to unveil ambitious new financial targets, including a medium-term goal to deliver £50 million of adjusted operating profit – more than double the amount achieved in 2024. ‘Medium term’ is generally considered 2-5 years. According to chief executive Guy Gittins (pictured), the updated targets are based on significant progress made to date and the scale of opportunity ahead. In a Capital Markets Event, taking place this morni…

Foxtons unveils ambitious plan to double profits - Property Industry Eye

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