Stock Groups

British real estate agent Foxtons names Nigel Rich as chairman By Reuters


© Reuters. FILE PHOTO – A Foxtons car was spotted parked in West London on July 29, 2016. REUTERS/Peter Nicholls

(Reuters) -London-based real estate agent Foxtons Group said on Friday industry veteran Nigel Rich will replace Ian Barlow as its chairman, effective Oct. 1.

Rich was previously the chairman of Hamptons International Estate Agents and Segro Warehouse Operators. He will take over at Foxtons, having earlier announced his intention to resign.

Foxtons stated that Barlow would also resign as director once the new chairman joined the board.

Sky News Thursday reported that Barlow would also be leaving the board as a director after he was removed by its largest shareholders. (https://

In July, Foxtons said it was reviewing strategic options, including a potential sale, for its mortgage broking business even as the company returned to a half-year profit after posting a loss for the previous two years.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs are stocks, futures, indexes or Forex. The prices of Forex and CFDs are not supplied by exchanges. However, market makers provide the prices. This means that prices might not reflect actual market prices and prices could be incorrect. Fusion Media does not accept any liability for trade losses caused by the data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.