Dec 15 British real estate agent Countrywide Plc
said on Thursday that it is considering a sale of
Lambert Smith Hampton (LSH), a commercial property consultancy
firm it bought in 2013.
At that time Countrywide paid 34.1 million pounds in cash
for LSH, which now has 33 offices and 1,400 employees, according
to Countrywide's latest annual report.
Countrywide, the country's biggest lettings and estate
agency company, has been hit by a slowdown in the property
market since Britain's vote to leave the European Union.
LSH did not immediately respond to a request for comment.
(Reporting by Rahul B in Bengaluru; Editing by Savio D'Souza)