Finance
Savills stock plummets as Oaktree sells up
Shares in Savills have dropped by 7.4% as Oaktree Capital - who just floated Countrywide - sold nearly 6% of the business (approx. 7.8 million shares), according to Thompson Reuters.
SIPPs gear up for resi fillip
In the wake of The Chancellor's surprise announcement on potential changes to Self-Invested Personal Pensions (SIPPs) in last week's Budget, Trevor Abrahmsohn gives us the skinny on how this might affect…
London keeps World #1 Financial Centre title
London is still the world's top financial centre, maintaining a clear 20 point lead from New York in second place, although there's ever more stiff competition from Singapore, Hong Kong, Tokyo and Zurich,…
Enness and Aston Chase partner up
Large mortgage specialist Enness Private Clients has done a deal with London property agent Aston Chase.
New investment head for Grosvenor
James Raynor has been called up to take over as Chief Executive of Grosvenor Fund Management, which has around £5bn under management.
Foxtons could be eyeing a float too, as Countrywide shares fly
Hot on the heels of Countrywide's successful IPO (the value of Britain's biggest estate agency rocketed 13.4% from £750m to £848.
Strongest Q1 since 2007 for London’s residential investment market – Jones Lang LaSalle
The return of the domestic buyer has driven a mighty Q1 for Jones Lang LaSalle, as the firm reports being involved in almost £1bn worth of residential transactions so far this year.
Act by 5 April 2013 to wipe out capital gains on second homes, buy-to-lets and shares
Individuals who have investment properties, second homes or shares standing at a gain should consider taking action before 5 April 2013 to trigger those gains in this tax year.
Half of ISA investors are eyeing up resi property – Hearthstone
Half of cash ISA investors are eyeing-up residential property investment opportunities now that resi property is available in UK ISAs, according to fund manager Hearthstone.
Budget 2013: reactions from the prime property industry’s prime movers
A rowdy performance by the Commons, but George seems to have done pretty well by the prime property industry, delivering a "Budget for an Aspiration Nation" that cuts corporation tax to 20%, makes it easier…
Required Reading: The Budget 2013 for HNWs
What does today's Budget mean for HNWs? Mishcon de Reya break it down to give the skinny on tax implications for the wealthy.
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.