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TODAY'S OTHER NEWS

Gittins goes for growth in new Foxtons role

New Prime Minister Liz Truss wasn’t the only person taking on a high-profile role yesterday.

Guy Gittins has officially taken the helm at Foxtons as chief executive.

The former Chestertons boss returned to the agency where he worked between 2002 and 2006, rising through the ranks from junior negotiator to sales manager of the highly successful south Kensington office. 

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Gittins set out his focus yesterday, stating that the brand needs to focus harder on driving sales and boosting lettings growth.

He said: “Foxtons is part of the fabric of London life and I am absolutely delighted to be back, heading up the best estate agency in London and filled with the same excitement, anticipation and enthusiasm that I had almost 20 years ago to the day. 

“Today Foxtons is the largest estate agency in London for Sales and Lettings instructions market share, and we have the most prominent brand.

“However, I am also convinced that with our incredibly talented team of people, unmatched coverage across the capital and the best local market knowledge honed over 40 years of success, we can do much more. 

“We will need to focus harder on our core business, drive sales, enhance lettings growth, and ensure we revitalise our vigour and visibility in the marketplace.”
Gittins said he will be visiting all Foxtons front offices over the next few months.

He added: “I’m looking forward to meeting the Foxtons’ team. 

“Finally, I’d like to say a huge thank you to Peter Rollings and the board, for looking after the business so well over the past three months.”

Peter Rollings, non-executive director for Foxtons, revealed the reasoning behind the appointment of Gittins in July.

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