Main image: Proportion of total rent paid by each generation
Britain’s total rental income has more than doubled in the last ten years
Millennials are beginning to pass on the rental bill to 20-somethings, says Countrywide
Rental demand surges in prime London as supply drops, but prices hold for now
Foxtons, Knight Frank and LonRes have all recorded significant rises in tenant demand at the same time as a notable reduction in new rental listings...
London property buyers’ total potential spend has hit £52bn – Knight Frank
Activity may have plunged as a result of the ongoing Covid-19 lockdown, but lettings activity is on the rise and pent-up buyer demand is building, reports the agency.
Prime London’s rental market ‘continues its journey back towards normality’
“The see-saw of high supply and low demand is tipping back the other way,” says Knight Frank. “Demand is coming from multiple sources and rental values are getting stronger as a result.”
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UK buyer swoops on marquee penthouse at boutique Mayfair scheme
Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.
London Square unveils plans for £240mn Chelsea scheme
Assael Architecture-designed proposals involve 42 new homes and a £13mn National Army Museum extension.
Brace of Mayfair mansions offered as ultra-prime redevelopment opp
A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.
Private island in the Thames heads to auction
Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.
Brokerage recruits SW London specialist from Savills
UK Sotheby's International Realty announced a 'strategic expansion' into the region earlier this year.
‘The opportunity was clear’: Behind Maybourne’s expansion into branded residences
COO reveals how the Claridge's operator plans to integrate luxury hotels, homes, and wellness into a highly personalised 'ecosystem'.
Major Irish agency expands with key hires & Knight Frank acquisition
Sherry FitzGerald has bought commercial real estate advisor Knight Frank Ireland, and recruited four senior names from Colliers to its residential business.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Battersea Power Station owner reportedly mulls sale
It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.
Rhodium teams up with design platform Invisible Collection
Exclusive partnership will bring collectible design into Rhodium’s portfolio of ultra-luxury & branded residences.
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In Pictures: Inside the latest super-prime design collab at 60 Curzon
New show apartments by South African-born, London-based interior designer Christian Bense unveiled at luxury Mayfair scheme, including a lavish four-bed priced at over £25mn.
Knight Frank concludes South of France partnership
Agency points to ‘evolving strategic priorities’ as it announces another change to its French network.
Adapt or Die: Why today’s estate agencies are failing to attract new talent
Recruitment boss Barry Collins has some hard truths for property firms stuck in the mid-2000s.
Scotland’s prime market ‘continues to defy national headwinds’
Savills notes a 'resilient' prime resi scene north of the border, although activity at the very top end is 'limited'.
Eccord boosts property management team
Catriona Mackay has joined Jo Eccles' firm following five years in the Notting Hill lettings division at Chestertons.