Developments
Confidence boosting prime London markets – CBRE
"London’s credentials as a safe haven for investment remain its greatest asset," says Mark Collins in CBRE's Q3 prime London resi market report as sales volumes lift 7% and prices 1.
Abu Dhabi Islamic Bank debuts in London with £20m office-to-resi scheme
Abu Dhabi Islamic Bank (ADIB) has made its first foray into the London property market with a £20m deal to fund the development of Westbourne House on Westbourne Grove, London.
CIL changes will exempt self-builders and allow developers to “pay in kind”
In an effort to make self-built "grand designs" more mainstream, the government has decided to exempt home-made new buildings over a certain size from the Community Infrastructure Levy.
English Rose buys Strand office-to-resi scheme
Fitzrovia-based developer English Rose has bought the long leasehold on a luxury resi scheme on the Strand.
Legal & General Property sold the upper parts of 406-408 Strand for £11.
Gone in 48 Hours: Investment group snaps up ten houses on Billionaires’ Row
It's all kicking off on The Bishops Avenue.
Investment group LJ Capital has bought up ten properties on the exclusive road in North London - dubbed "Billionaires' Row" - in an off-market, 48-hour mega-deal.
St James buys up former convent in West London
St James, part of the Berkeley Group, has just bought a massive former convent in West London, which it plans to redevelop into a resi-led scheme next year.
Cavendish Square mansion block goes for resi conversion
Harcourt Investments - an SPV by Sunley Group - has bought Harcourt House on Cavendish Square for something close to £75m, with a plan to turn the ornate Edwardian mansion block back into resi.
Mayfair’s next £250m mansion?
Plans for mobile phone mogul John Caudwell's new Mayfair mansion have just gone public;
Grosvenor buys up 12 acres of Bermondsey & Southwark
Grosvenor has bought a 12-acre swathe of Bermondsey and Southwark in South London, on which it plans to build 800 new homes and a business hub.
Superstar architects Gehry and Foster to design Battersea Power Station’s High Street
Gehry Partners and Foster + Partners, two of the world’s most stellar architectural practices, have been chosen to design Phase 3 at Battersea Power Station.
Candy eyeing up Hyde Park Barracks?
Christian Candy's CPC Group has reportedly been making some enquiries into the sale of the Hyde Park Barracks site in Knightsbridge.
Artists in Residences: St James gifts RCA a Riverlight space
Property developer St James has decided to give the Royal College of Art an open studio space in its 806-resi unit Riverlight scheme in VNEB (Vauxhall, Nine Elms and Battersea).