Buyer demand builds in Prime Central London
Property prices dipped in PCL in Q2, reports JLL - but the estate agency has seen a sharp rise in potential buyers registering with its central London offices.
Prime London Market Snapshot: Tight supply & returning demand push prices & rents up in PCL
"The property markets in central and outer London are increasingly on different trajectories," says Knight Frank, as the latest market indices shine a light on sales and lettings trends.
Prime London buyer demand is running 72% above the five-year average, while property supply is 12% down
Prime London Market Snapshot: Knight Frank's latest indices tell of a significant mismatch between property supply and demand in both the sales and rental markets.
Prime London’s property market hits a ‘sweet spot’ as buying activity picks up
"The prime London property market is in a sweet spot," declares Knight Frank's research team, as buyer demand bounces back and the supply of homes available to buy picks up.
Companies in this articleJLL
Top-end property agency to open flagship Mayfair showroom as new owner looks to ‘transform’ luxury market
UK Sotheby's International Realty is rolling out some 'transformative' changes - including three new high-profile locations - designed to 'reshape the way exclusive real estate is bought, sold & rented'…
DDRE Global signs super-prime specialist from Knight Frank
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‘Incredible’ Marylebone penthouse snapped up off-plan for £6.3mn
Boutique agency tucks away marquee apartment at the forthcoming W1 Place on Portland Street.
Top prime resi architecture practice rebrands
PDP London is now Studio PDP.
Move over Mayfair: Knightsbridge market ‘finally turns a corner’ as apartment living makes a comeback
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Chestertons recruits Foxtons’ Ops Director to lead Kensington sales
Seasoned PCL estate agent Ian Barrett has moved from Foxtons to Chestertons on Kensington High Street.
Top lighting design consultancy opens studios in London & Dubai
Founded in Hong Kong 30 years ago, Light Directions is a brand partner of design giant HBA Group.
‘We’re going to go where we see the demand and long-term opportunity’: In conversation with BHHS London sales chief Cliff Gardiner
Watch this space, says the new sales boss of Warren Buffet’s Berkshire Hathaway HomeServices in London, as he shares ambitious growth plans and discusses the state of the luxury property sector.
Shell and core penthouse picked up in sales surge at luxury Westminster scheme
11 units were sold in a seven-day, £32mn flurry at Northacre's The Broadway.
Scotland’s DM Hall expands into England
Acquisition of Cumbria firm is "the first step" in 125-year-old Scottish surveyor's expansion into England.
Dubai leads global super-prime sales bounce, as £10mn+ deals falter in London
International super-prime property market activity 'slowed noticeably' last year, says Knight Frank - but things perked up again at the start of 2023
JLL buyout creates new estate agency
JLL's offices in Manchester, Leeds and Liverpool are now operating as 'Kingsdene', following a buyout by Louise Emmott, Oliver Dolan and Lynsey Smith.
American family rents Hampstead ‘castle’ for £250k pa
Estate agency reports a flurry of high-value deals involving American money, including a tenant who paid nearly quarter-of-a-million pounds up-front for this Windsor Castle-inspired home in London.