Main image: The converted Red Lion pub in Mayfair was bought out of receivership for £15m in 2018 - having once been on the market at £25m
Big discounts in PCL ‘suggest the pendulum may have swung too far towards the buyer’
Acquisition agency Black Brick predicts the prime London market is about to turn, after noting a surge in buyer interest and a spate of 'minor capitulations' in the premier postcodes
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‘2017 marked a turning point for the PCL property market’
Higher-value transaction numbers in London recovered through 2017, say Knight Frank and Strutt & Parker
‘Buyer affordability is on the rise at the fastest rate in nearly eight years’ – Rightmove
The UK's average asking price tickled up by just 0.2% in the last year, reports Rightmove, with three out of four Southern regions seeing negative growth.
How does PCL’s recent volatility compare to previous ‘adjustments’?
Prices fell by 7.9% between the last peak in August 2015 and February 2017, but let's not forget the 24% decline recorded between 2008 and 2009, and the 21% correction in the early 90s...
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Jonny Fieldman has moved from Knight Frank to lead Strutt's Sloane Street operation, as the agency continues a high-level hiring spree in the capital.
Knight Frank adds four more London brokers to affiliate network
Latest recruits take on key patches across South West, West and North London as agency presses on with rollout of its US-style broker model.
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Construction restarts on 462-home project under new main contractor as developer reports nearly £40mn of early off-plan sales.
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Luxury London developer falls into administration
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Deal sealed on £15mn Claudio Silvestrin-designed Hampstead villa
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£13mn Wentworth trophy home sparks competitive bidding
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Savills profits jump 47% despite UK resi slowdown
Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.
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