Construction

Resi development in central London "continues to escalate" says JLL, with the number of units under construction now only just shy of 22,000 – up 15% during the first half of 2014, and double the total…

India's biggest resi property developer is reportedly gearing up to splash $3bn on new assets in London over the next four years, with a further $2bn set aside for construction.

The number of new units under construction across Central London has doubled in just two years, according to a new report being released today.

It may have been pipped to the post on that £600m Battersea Power Station contract last week, but construction giant Mace has just landed an equally high-profile gig over in West London.

RBKC planners have stepped in to stop an unauthorised basement excavation on Stanhope Mews.

Just under 800,000 sq ft of West End offices were converted into homes in 2013, says Colliers International, with another 1.82m sq ft of conversion projects now in the homeward-bound pipeline.

Residential development land prices in prime central London rose by 6.7% in Q2, reports Knight Frank, while the average increase across England & Wales languished at +1% for the quarter.

There's been no change in the number of new house building starts over the last quarter, although the number's up by nearly a fifth year-on-year, according to the latest Government stats.

Images of what HS2 works in Camden could look like have upset the residents of Primrose Hill.

It sounds like things are heating up in the battle for the £600m contract to redevelop the main Battersea Power Station building.

The world's most expensive penthouse - £240m - has been unveiled in Monaco. It has a waterslide to link the dancefloor to the pool. Taking over the top five storeys of the Tour Odeon tower on Av.

Residential projects are still leading the construction industry's growth, with 37% of all contracts awarded in July going to housebuilding.