Image from Google Jackets

Party over

By: Series: Property Week ; 66(22) 1 June 2001, 12-13(2)Publication details: 2001Subject(s): Summary: Reports on how a downturn in the American real estate market, coupled with the poor economic outlook and a lack of customer confidence, has lead to retrenchment among the UK's leading property agents as their US parent companies seek to cut costs. This could result in mean reduced entertainment, meal and travel budgets, smaller bonuses, a freeze on recruitment and the cutting back of office operations.

Reports on how a downturn in the American real estate market, coupled with the poor economic outlook and a lack of customer confidence, has lead to retrenchment among the UK's leading property agents as their US parent companies seek to cut costs. This could result in mean reduced entertainment, meal and travel budgets, smaller bonuses, a freeze on recruitment and the cutting back of office operations.