The real estate industry in the United Kingdom is making progress by leaps and bounds. So, whether you want to buy a new property or want to invest in the real estate sector in the United Kingdom, you are in the right place. Here, we will provide a comprehensive guide to the top real estate companies in the UK based on their market share and overall performance.
But first, let’s have a quick view of why real estate is important.
Real estate plays an essential role in the economy of any country of the world as it attracts Investment and creates new jobs. However, its value changes based on geography, supply, and demand factors.
What is real estate?
Real estate relates to any property which consists of land and any other structure built on it, including natural resources like water and minerals. In addition to that, it also encompasses buying, selling, and leasing properties.
Here is the list of Top Real estate companies in the UK: Based on Revenue, market share, and overall performance.
JLL Real Estate Agency Biggest Real Estate Company London,UK
Location: London, England
Jones Lang LaSalle Inc (JLL) is one of the best estate agent companies in the UK. It was founded by James Lockhart in 1971.
JLL provides services in leasing, investment banking, and property management. Its name is also included in London’s top 10 real estate companies. Having a vision of bringing a revolution in the world of real estate, JLL is providing the best possible services to its customers.
The company has strongholds in major cities of the UK, like London, Manchester, and Birmingham. Its real estate services include leasing, advisory, consulting, project management, and digital solution services domestically, regionally, and globally. This company provides extensive services in four regions: America, Europe, the Middle East and America ( EMEA), and Asia Pacific.
CBRE Real estate Company, the world’s largest Real Estate Agency
Location: London, England
The US-based Coldwell Banker Richard Ellis (CBRE) was established in 1906. It is the best real estate London agency that provides extensive knowledge about the market. In 2018 the company generated $20.3 billion. In 2021, based on revenue collection, it became the world’s largest real estate services and investment firm.
CBRE provides its services in property management, property leasing, project financing, sustainable real estate consulting, tenant representation, research and consulting, capital markets, and investment sales.
According to MSCI (Morgan Stanley Capital International) Real Capital Analytics, CBRE was declared the best-ranked firm for international commercial real estate investment sales during the first half of 2022. Moreover, the company has been included in the list of emerging Breakthrough Real Estate Brands of 2019 by Business Insider.
The company has over 105,000 employees (excluding Turner & Townsend employees), providing services in more than 100 countries.
In September 2022, CBRE was divided into two publicly listed companies: CBRE Group Inc., which provides real estate services, and Real Estate Investments (REI), focused on debt investments and real estate equity. In February 2022, CBRE was declared the World’s Most Admired Company for the 12th time in a row by Fortune Magazine. You can read more about this on: CBRE Named the World’s Most Admired Company by Fortune Magazine for 12th Consecutive Year
Knight Frank Real Estate Agency: Its Top Rated Real Estate Agency London
Location: London, England
Founded in 1896 and based in London, UK, Knight Frank is one of the top real estate consultancies in the world. It was listed as a Limited Liability Partnership (LLP) in England in 2003. With its global reach in 53 countries, and 487 offices worldwide, it is home to 20000 employees.
As per company’s available data in September 2022, its revenue was 1.2 billion pounds. Within the United Kingdom, it provides services in various cities like London, Kent, Essex, Surrey, etc.
From Australia to the United Arab Emirates, Knight Frank has won various global awards. In the year 2021 alone, the company was awarded six customer experience awards. Check out: Awards | Knight Frank
The services provided by the company include estate management, planning consultancy, development consultancy, property management, and valuations.
A team of experienced professionals with comprehensive market knowledge makes Knight Frank one of the UK’s most reliable Real Estate Companies.
Knight Frank’s Healthcare team is a valuer and advisor to most of England’s major operators, funds, investors, and lenders.
Savills Real Estate Agency, A Best Real Estate Company in the UK
Location: 33 Margaret Street, Marylebone
Founded back in 1855, Savills is considered the world’s top player in property agents. The London-based company has a 40000+ workforce with its reach in more than 70 countries worldwide. Savills has been listed on the London Stock Exchange since 1987.
In 2018, Savills added a jewel to its crown by acquiring Real Estate Company Knight Frank for 757 Million pounds.
Further, the company has been on the UK Business Superbrand list for the 16th consecutive year. In addition, Savills is the only property advisor company featured in the Top 100 Apprenticeship Employers of 2022-2023.
This top-rated real estate company provides its expertise in buying residential property, acquiring commercial property, buying a farm or rural land, renting residential property, commercial leasing property, buying international property, leasing international property, buying property at global auction, and buying a new build home.
BNP Paribas Real Estate: Top Real Estate Agency London
Location: London, England
It is one of the world’s leading real estate companies in the United Kingdom. The company was founded in 1896, and its total revenue stood at 1.3 billion pounds as of September 2022.
BNP Paribas Real Estate’s services include Investment, development, valuation, building consultancy, occupier solutions, and management.
It is working across nine property sectors: Alternative markets, Residential, Estates, Farms and
Land, Woodlands and Forestry, Development Land, Public Sector, Industrial and Logistics, Retail, and Offices.
Cushman and Wakefield Best Real Estate Agency in London
Location: London, England
Another leading global real estate services firm providing exceptional value for occupiers and owners. It is among the largest real estate services firms with 48000 employees in approximately 400 offices and 70 countries.
The London-based company was founded in 1917 and is currently considered one of the best real estate companies in the UK. In 2021, the company reported revenues of $9.4 billion, surpassing its previous record of $8.3 billion in 2018.
Corporate Equality Index (CEI) 2022 by Human Rights Campaign Foundation declared Cushman & Wakefield the best workplace for LGBTQ+ Workplace Equality. It is vital to mention here that the company has achieved this feat for the fourth consecutive year.
Cushman & Wakefield operates in three segments: Capital Markets, Real Estate Services, and Asset Services. Most of its customers come from Google, Facebook, Coca-Cola, Amazon, and Microsoft.
Foxtons Real Estate Agency: London’s Best Estate Agency
Location: London, England
Foxtons was established as a two-person estate agency in 1981 in Notting Hill Gate, London. This real estate agency in London deals with both lettings and sales. A London Stock Exchange listing is available.
For more than four decades, Foxtons has been providing help to its customers by putting a roof over their heads. To Revolutionize & speed up the rental industry, the London-based company offers tenants and landlords the option of setting up new tenancies online.
With over 1,000 professionals, this leading real estate agency has over 50 interconnected branches across the United Kingdom. As of 2021, Foxtons revenue was increased by 35% to 126.5 million pounds, driven by increased volumes, with lettings revenue up 30%, sales revenue up 51%, and mortgage broking revenue increased by 17% compared to 2020.
DTZ Real Estate Agency London, United Kingdom
Location: London, England
Debenham Thouard Zadelhoff, or DTZ, has worked in the UK since 1968 and in France since 1999. It is a commercial Real estate company headquartered in London, United Kingdom. DTZ has served its clients in the real estate sector for over 50 years.
It provides its services in investment strategy, asset and property management, repositioning and development, debt arrangement and management, finance management, and fund creation.
Due to its environmentally friendly policies, As part of the GRESB Real Estate Assessment for Residential Development for 2022, DTZ Investors CO-Living Fund achieved a five-star rating and was named Global Sector Leader.
In September 2022, DTZ real estate had a total revenue of $2.3 billion and a network of over 700 offices in 55 countries.
In January 2023, DTZ Investors signed a 10-year lease with artisan bakery GAIL’s to open their first Manchester site at 16-18 King Street. On this occasion, Tom Royston, DTZ investor, said: “Attracting world-class brands has been a crucial part of the strategy since we took over as majority landlords at King Street. GAIL’s choosing King Street to launch their first Manchester site is a testament to the caliber of brands the district is able to attract, and we are really looking forward to their launch.” check out: DTZ Investors
Grainger Plc Real Estate Company Newcastle, England
Location: UK, England
Grainger Plc is a British-based residential real estate company. It’s headquarter is located in Newcastle upon Tyne, United Kingdom. Since its foundation in 1912, the company has grown significantly in the real estate sector.
Grainger Plc is considered one of the UK’s largest professional landlords. Additionally, it is the largest London Stock Exchange-listed Real Estate Investment Trust (REIT).
It provides various services, including build-to-rent, commercial property management, student accommodation, and residential development.
As of November 2022, the market value of its portfolio was 3.2 billion pounds. To support the UK Government’s target of achieving net zero by 2050, Grainger Plc introduced a policy of energy hierarchy as given below:
Be lean (use less energy).
Be clean (supply energy efficiently).
Be green (use renewable energy).
Conclusion:
As of December 2022, the companies mentioned above are the top real estate agents in the UK. In addition, these companies have an outstanding record of providing excellent customer service. Therefore, if you are considering investing in the UK real estate market, it might be your best decision to work with them.
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