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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Rumours suggest major London estate agency primed for sale this year
Sources say private equity investors are lining up bankers to evaluate options for a stake in one of the capital's biggest property firms.
London Super-Prime Market Survey: What changed in 2025 – and what lies ahead in 2026
Non-dom exits, international bargain hunters and a raft of trophy listings reshaped the £15m-plus sector over the last 12 months, reports Beauchamp Estates,
Pre-Christmas launch pays off in St John’s Wood
£15.95mn mansion sold in just 14 days ahead of the festive break.
PCL homes have lost a quarter of their value since 2014
But the pace of price declines eased across prime markets in the closing months of 2025, reports Savills, with signs that country houses in particular are 'starting to bottom out'.
Monday Market Review: Key figures & findings from the last seven days
Your essential back-to-school briefing, featuring data, forecasts and analysis from Beauchamp Estates, Savills, Hamptons, Lloyds Bank, Nationwide & more...