Finance
Ballymore seeks partner for £2bn resi development portfolio
Developer Ballymore has hired CBRE and Lazard to source a JV partner for three major waterfront schemes in the capital.
Short Shift: How bridging hit the big time
Remember the £127.5m mega-loan announced after the purchase of 1 Palace Street, near Buckingham Palace?
Housing market is ‘biggest risk’ to economic recovery – Carney
The Bank of England's Governor Mark Carney has warned that high house prices - driven by a stock shortages - potentially pose the biggest threat to the UK's economic recovery.
Serviced Apartment provider gets funding for PCL expansion
Serviced apartment operator City Marque has just bagged £2.1m from Santander's Breakthrough campaign to fund expansion throughout prime central London.
London office market reaching maturity, says DevSecs as it moves into ‘de-risking’ phase
Development Securities, which bought developer Cathedral Group earlier this week, has called the top of London's office market in its end of year results, announcing that it is making a "move into the…
PCL transaction levels top 2007 as average price breaches £1.5m
There's "no sign of a so-called 'bubble'" in the Land Registry's numbers for this year's Q1, which show a marked increase in both prices and transactions levels in prime central London, notes London Central…
Weston Homes plans to double size in five years; looks to move into PCL
Housebuilder Weston Homes has secured £100m of bank funding which it plans to put towards a £1bn pipeline of residential projects - around 3,300 units - over the next five years, including looking at…
UK household wealth closes in on £8tn
Total household wealth has risen by over £3 trillion since 2003 - that's around £96,000 per household - according to Lloyds Private Banking. And it's not all down to property prices;
Candy GPS #4: Where would you spend $10m?
Candy & Candy rounds off its latest GPS Report by asking its panel of experts which emerging or second tier city they would choose and why... Here's what they said.
Candy GPS #3: Investment Outlook and How To Play
"In the latest issue of the Candy GPS Report, produced in partnership with Deutsche Asset & Wealth Management and with exclusive research from Savills, we look at the global prime residential sector and…
Not on the High Street: The private money funding London’s prime resi developments
Residential property is not the only thing in short supply in prime central London – the funding needed to develop new stock is equally hard to get hold of, says James Dakin...
Candy GPS #1: Real Estate – A Unique Asset
"In the latest issue of the Candy GPS Report, produced in partnership with Deutsche Asset & Wealth Management and with exclusive research from Savills, we look at the global prime residential sector and…