Berkeley profits on track to be at a ‘similar level’ to last year, despite a 20% drop in reservations
Sales reservations have "been robust where we have had availability of stock", says major house-builder Berkeley Group, while buyer enquiry levels have been "consistently strong" since November. Pricing has been "stable" and cancellation rates are at "normal levels". The overall impact of the pandemic on build costs “has been neutral.”
Irish property mogul Ronan plots a return to London next year
Johnny Ronan once again has "ambitions on the scale of Battersea" in London, says Ireland's Business Post, and expects to have his first return project underway next year.
GII’s Lucan Place scheme on track to complete next year
Gulf Islamic Investments says that construction works at the old Chelsea Police Station site are on track to complete in Q4 2022.
Berkeley adds three new Board members
Housebuilder appoints a private equity chief, an accountant and a priest as Non-exec directors.
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Big-brand luxury property brokerage launches ‘flagship’ West London office
UK Sotheby’s International Realty has opened a fifth branch in the capital, setting up shop with a strong team on Kensington Church Street.
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£50mn trio of trophy apartments sold at 9 Millbank
Series of super-prime sales at the landmark St Edward scheme marks a 'significant milestone' for Westminster's property market, says agency.
In Pictures: ‘One of the finest country estates in southern England’ seeks £58mn
Agents have been instructed to find a buyer for the extraordinary Laverstoke Park in Hampshire.
‘Britain’s most daring property developer’ to race in 14,500km motor rally
John Caudwell has been inspired by the links between the famous Peking to Paris Rally and his £300mn resi project on the French Riviera.
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It would be impossible for prime markets not to feel the impact of recent tax changes, but the reality of the 'wealth exit' on the ground is different from the media perception, say top property advisors…
Former Berkeley Group sales boss joins Harding Green
Radhika Bedford previously ran sales for Berkeley's St George brand in North London.
By PrimeResi
Mayfair resident ordered to undo unlawful basement works at historic townhouse
'Those who ignore planning rules will be held accountable,' Westminster officials warn.
Imposing Berkshire school site pitched for sale with resi potential
'Opportunities of this scale and heritage rarely come to market,' says Knight Frank.
By PrimeResi
Historic Chelsea gem with artistic pedigree hits the market at £9mn
Buyer sought for 'once-in-a-lifetime opportunity' between the King's Road and Fulham Road.
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PCL agency Russell Simpson teams up with NYC brokerage Leslie Garfield
New partnership will see the longstanding boutique property firms sharing market knowledge and cross-promoting 'exceptional' listings.
Rightmove flags surge in American demand for British homes
Scotland overtakes London as top target for US buyers, with investment interest leading the charge.
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