2017 has been about off-market deals – TBS
70% of buying agency's country purchases were not available on the open market, up from 50% in 2016...
New-build discounts & dollar buyers: PCL market trends to watch in 2019
2019 will be 'a year like no other', says Mayfair agency Black Brick, as it picks four key themes to look out for in the 12 months ahead...
By PrimeResi
59,000 ‘lost’ deals: Estimating the financial cost of lockdown to the estate agency sector
The UK's Covid-19 lockdown caused a dramatic slump in the number of new instruction and sales agreed, reports Twenty EA, but property exchanges appear to have been more resilient.
By PrimeResi
Prime Central London firms tip market to bounce back
'We anticipate that circumstances could lead to a stronger PCL market in 2020/21 than many currently predict, just as we did in early 2009', says LCP, while Winkworth predicts a ‘summer spike’ could…
By PrimeResi
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Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Jo Eccles: Overconfidence is costing buyers in the core market
Eccord's MD runs through three key themes in the PCL market this month, including a disconnect between buyer expectations and reality - and why it's becoming harder to correctly interpret pricing.
By Jo Eccles
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
Knightsbridge townhouse with Royal connections & Versailles-inspired interiors seeks £8.25mn
Selling agents say this former sculptors' studio 'has the potential to be one of the finest residences in Knightsbridge.'
By PrimeResi
Interview: Knight Frank’s Peter Mayo on the changing role of auctions in the prime market
Agency's auctioneer and partner discusses outdated misconceptions, unusual lots and why more discretionary sellers are turning to the gavel.
MFS administrators flag scale of PCL disposals
Care would be required not to 'flood the market', say practitioners, citing 'significant real estate… in particularly valuable parts of central London'.
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