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
‘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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Super-rich buyers circle as Caudwell’s £2bn Mayfair scheme takes shape
Luxury developer updates on progress as landmark project moves to advanced phase of construction.
Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
Australian luxury property big-hitters team up with former Knight Frank partner for new private office venture
Based in the Asia Pacific and the Middle East regions, Origin Private Office has already transacted on over US$100mn worth of prime property, and is advising on a branded resi development project.
Luxury agency adds new sales director in Knightsbridge
Anna Isajenkowa has joined United Kingdom Sotheby’s International Realty from Savills.
Investor swoops on South Ken apartment block
London is offering 'great value' right now, says firm.
Irene Luke joins Savills Private Office
Co-head of Savills Monaco has expanded her role & is now part of the agency's elite global network of HNW specialists
Savills creates London-based Caribbean desk
Tom Vickery is leading the latest addition to the firm's global residential department.
Matthew Robertson of Valouran on luxury property development & sustainability
Earth Day 2024: 'Sustainability is more than just reducing environmental impact; it’s making fundamental changes to the ways in which we interact with our surroundings'
Pre-election jitters hit London’s £5mn-plus market
Top-end sector continues to slow from its post-pandemic record high, but remains significantly stronger than the pre-pandemic average, reports Savills
Tories float September Stamp Duty cut
The Chancellor is considering raising the SDLT threshold to £300k, according to newspaper reports.
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JTRE London’s Nigel Fleming: Why Bankside is knocking on the door of traditional PCL
Following a transformation that began 70 years ago, Bankside has become a cultural, commercial & resi hotspot that can compete with any London postcode, writes property development chief...
Knight Frank heralds ‘a new era for the countryside’ as rural division growth continues
James Farrell has overseen two years of 'unprecedented growth' for Knight Frank's rural division - which continues with another new outpost opening later this year.
Grand Retail to Parkside: Agency pens field guide to PCL’s eight ‘villages’
Boutique firm delves into the characteristics of the capital's inner districts & gives each a new identity to help buyers with their decisions.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
New York penthouse designed by master architect I.M. Pei up for sale
Sale of marquee unit at The Centurion in Midtown is a 'unique chance to own a piece of architectural history'