Prime London ‘buying frenzy’ cuts price discounts & sales times
Q4 saw the average prime London property price rise by 3.6%, according to Coutts bank, taking it back to roughly the level seen just before the pandemic struck the UK.
More spent on super-prime homes in London this year than last, despite the pandemic
Knight Frank reports that £1.13bn was spent on £10m+ homes in London in the first eight months of this year - 16% more than the £977.5m recorded in 2019.
Prime Central London ‘has now bottomed out’ – Savills
Back to work plans are boosting demand for town and city homes, says Savills, but the country house and coastal property markets are still riding high.
London super-prime property sales are running 75% above the pre-pandemic level
London’s top-end housing market is continuing its strong run, says Savills, with more £5m+ sales going through so far this year than in any full year since 2015.
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Rising star joins super-prime brokerage as its youngest PCL director
Chelsea specialist Jessica Moreton has made the move to UK Sotheby’s International Realty from Douglas & Gordon.
‘Landmark’ townhouse sale concluded in Chelsea
'Discerning buyers are focusing on best-in-class assets', says agency, confirming sale of near-£28mn trophy home as part of £100mn deal run.
Savills installs new sales boss in Notting Hill
Dan Martin returned to the agency earlier this year following a stint at UK Sotheby’s International Realty.
‘Westminster’s fastest-selling luxury residential development’ reaches completion
With 70% of apartments sold before completion, Native Land heralds 'not only a design triumph but a commercial success' at 100 George Street.
Beyond interior design: St George MD on rethinking the role of the showhome
Marcus Blake talks us through the Berkeley Group developer's new creative direction, and shows off its first completed in-house design effort.
Property industry reactions: Tories pledge to ‘abolish’ Stamp Duty
Stamp Duty is 'a bad tax, an un-Conservative tax', says Kemi Badenoch.
Homes of the Rich & Famous: Celebrity-owned properties sell twice as fast as ‘normal’ listings
An A-list occupant can generate a huge buzz for a new instruction, reports Beauchamp Estates, but the effect on the property's value is less obvious.
Five-star Belgravia project sets London price records
The Peninsula London has reportedly proved popular with billionaire buyers from the United States.
Grosvenor names new UK CEO
Jamie Whitty-Lewis has been promoted following James Raynor's move to lead the international property business.
Qatari Diar tops £1.5bn sales mark at Chelsea Barracks
Momentum continues at the ultra-luxury Belgravia scheme despite wider market headwinds.
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Innovo lines up debut London resi play opposite Lord’s
First outing for UK arm of Middle Eastern luxury property giant to deliver 89 new homes in collaboration with a 'best-in-class' design team.
Mapped: Latest price & rental growth across Prime London
Neighbourhood-level data points to further steep declines across the traditional PCL heartlands in the past three months.
Luxury agency sells brace of storied PCL penthouses
Beauchamp Estates confirms sales of Belgravia and Marylebone apartments once home to Christine McVie and Mick Jagger, as part of a £100mn run of deals.
Homes of the Rich & Famous: Celebrity-owned properties sell twice as fast as ‘normal’ listings
An A-list occupant can generate a huge buzz for a new instruction, reports Beauchamp Estates, but the effect on the property's value is less obvious.
Dubai’s super-prime market smashes US$2bn in Q3 sales, up 54% year-on-year
Surging demand at the very top end keeps the emirate on track for another record-breaking year, reports Knight Frank.