Finance
Countrywide IPO valued at £750m
Britain's biggest estate agency group, Countrywide, has priced its initial public offering right at the top of its range, at 350p per share, according to Reuters
Berkeley to grow land bank by 10% this year; starts with three new acquisitions
Berkeley Group has announced plans to expand its land bank by 10% this year, and has already made three significant acquisitions in Finchley, Mill Hill and Maidenhead
Stop talking about a mansion tax, cut VAT, and other advice for the Chancellor on Wednesday
As George Osborne limbers up for his big day, the prime property industry is agog with anticipation of what may come
Crossrail hubs on track for 40% price surge
Residential prices around Tottenham Court Road, Farringdon and Canary Wharf look set to steam ahead by 40% over the next five years, as Crossrail cuts a swathe through the capital and drives massive -…
Asian activity and London demand drive Savills’ profits up 21%
Savills' pretax profits rose 21% to £60.8m on a group revenue of £806.4m (up 12% on the year) in 2012, thrashing most analysts' expectations.
“Hostile” tax regime is forcing HNW non-doms out of Britain
The number of UK taxpayers registered with HMRC as non-domiciled (non-doms) has fallen by a further 2,000 in one year as the impact of the £30,000 annual non-dom levy continues to bite, according to law …
HNWs: Bullish about the investment year ahead
That "appetite for risk" phrase has cropped up again. This time in deVere Group's annual global investor confidence survey
Mansion Tax debate: this afternoon
A quick refresher in advance of this afternoon's House of Commons debate on introducing a mansion tax.
British Land to raise £500m for property investments
British Land, the enormous property investor, has just announced a new £500m share placing.
Labour’s mansion tax plan defeated in the Commons
Labour's motion for a Mansion Tax on properties worth over £2m has been defeated by 304 votes to 241 in the House of Commons, after the Liberal Democrats sided with the Conservatives.
Investors want stuff they can touch; cash and resi property are king
Consumers prefer to invest in assets that they "can physically touch," according to research from Paxton Private Finance
BLME completes £12m Sharia loan for Kensington resi development
BLME, the largest Islamic bank in Europe, has completed on a £12m, two year loan facility to Curzon Asset Management for the development of nine luxury apartments in Kensington.