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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Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Trophy Lancaster Gate apartment block offered for sale
Agents instructed on rare unbroken freehold building just off Hyde Park, with investors and developers expected to target.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
Former Schroders base in Mayfair cleared for prime resi conversion
'Remarkable' Upper Grosvenor Street building is set to deliver eight apartments alongside valet-led parking facility in Reeves Mews.
Super-prime Barnes gem changes hands in landmark off-market deal
Sale of Grade II listed house ranks among SW13's biggest in recent years.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
British Land picks new CEO
Joanne McNamara will lead the FTSE-100 property company, replacing outgoing chief Simon Carter.
By PrimeResi
Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
Off-market properties outnumbering online listings by 5:1 in PCL, says buying agency
Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.
Rupert Collingwood: The property ladder is freezing from the top down
If we want the market to function more efficiently again, we need to stop viewing the housing crisis purely through the lens of first-time buyers, says brokerage chief.
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