Pre-tax profits at global agents Knight Frank soared 7% to £102.7m for the year to the end of March, the firm has reported.
The firm, which has 330 offices in 48 countries, reported turnover at £350m, up 5% on the previous year.
Chairman Alistair Elliott said: “In the UK, the prime London market continues to show strong activity and a steady rise in values.
“While international demand has remained strong, the resurgence of domestic demand, fuelled by improving conditions in the UK economy, has added impetus.
“The private rented sector continues to outperform, and we expect this to continue over the next few years.”
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Comments
What rubbish - why does EAT perpetuate this sort of corporate PR tosh a 7% increase is hardly "soaring" in the current climate and being London Centric I'd say 7% was underperforming the market - even countrywide have reported better numbers than this YTD.