Average length of PCL tenancy nears two years
Competitive market conditions have led to more tenants staying put, reports LCP.
PCL tenants lock-in for longer as rents continue to soar
The average length of tenancies in Prime Central London reached a new high of 25.8 months in Q2 2022, reports LCP, while the time taken to let a vacant property is at an eight-year low.
Major agency reports 43% jump in PCL lettings demand
With fewer landlords around and workers now returning to the capital, rents are only headed in one direction, says Winkworth
PCL lettings deals up nearly 200% this year, reports major agency
Dexters says it has been agreeing 330 lets every week in January, and has 36,700 prospective tenants on its books - up 48% on last year.
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Ex-Knight Franker launches ‘artisan’ resi developer with Brixton mews scheme
'We saw a gap in the market for authentic, design-led family houses in London that not only exhibit highly skilled craftsmanship but are also having a positive impact on the environment,' says Alex Macaulay,…
Mayfair mansion with ‘enormous potential for development’ pitched at £16.5mn
22 Park Street is currently set up as offices, but proposals are in play to return the red-brick townhouse in the heart of Mayfair village to private residential use.
London’s major new-build schemes defy gloom as sales surge
The developers behind some of London's biggest projects have been bringing forward phases to meet demand.
In Pictures: Aston Martin designs a private home in Japan
Top-end British car marque Aston Martin has steered further towards the branded residential property sector, designing a private luxury home in Tokyo.
Studio Indigo appoints new head of brand & business development
Daniella Perez Herrera has been managing marketing & comms for the luxury design practice for the last five years.
‘One of the finest in the Cotswolds’: Historic country house in ‘magical’ setting asks £20mn
Edgeworth Manor near Stroud 'is simply a very magisterial manor that is both composed and confident, which enjoys a great sense of occasion', says Savills.
Engel & Völkers assembles high-end listings ahead of return to London
Global real estate brokerage is building an impressive roster of instructions in the capital, after temporarily exiting the UK market in 2019.
Obbard delivers luxury St James’s rental scheme for Berry Bros & Rudd
Residents at the newly-converted No.1 St James's will be able to call on a personal wine concierge, and drink in the views of St James's Palace...
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Obbard delivers luxury St James’s rental scheme for Berry Bros & Rudd
Residents at the newly-converted No.1 St James's will be able to call on a personal wine concierge, and drink in the views of St James's Palace...
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
London’s super-prime property market ‘has very much found its feet again’ as transaction levels remain high
Spending on £10mn+ homes in London has reached a seven-year high, leading Knight Frank's Rory Penn to suggest that 'for now, the super-prime market in London has very much found its feet again.'
Carter Jonas appoints sustainability guru from JLL
After influential spells in the Civil Service and at JLL, Tom Roundell Greene has been hired to lead Carter Jonas's ESG strategy.
UK Build-to-Rent sector set to grow 82% by 2028
Institutional investors are piling into the UK's build-to-rent sector, reports Knight Frank, as the firm highlights 15 areas that present particularly strong opportunities for BtR development.