CapitalRise smashes crowdfunding target
Over 500 investors have backed the luxury property crowdfunding platform, raising nearly £2m to “accelerate expansion”
Dubai developer is ‘looking aggressively’ for another major prime London development project
Damac’s Chairman says the firm is ‘looking aggressively’ to spend ‘up to £500m’ on a second prime London resi project.
Amsterdam looks to ban new-build buy-to-lets
European city plans to write a rental ban into new-build leasehold conditions.
Tchenguiz ‘plans to invest $100m in proptech’
Property mogul tells reporters at MIPIM that he wants ‘to be at the forefront of when property meets tech’; predicts ‘big growth from companies that can speed up estate agency work’.
Brookfield takes a majority stake in Oaktree
Major real estate investors combine forces in $4.7bn deal.
Rare whisky out-performs art, cars, jewels (& property) to top luxury investment index
The value of ‘passion assets’ – including whisky, art, classic cars and jewels – climbed by 9% last year, according to the latest Knight Frank Luxury Investment Index.
Top Swiss private bank turns to direct real estate investments
Pictet Group has launched a new fund to invest in property assets – including residential – across Europe; Starwood’s Zsolt Kohalmi has been recruited to run the show.
BTL investors look north in search of returns
8,279 properties were sold to landlords with buy-to-let mortgages in northwestern England last year, according to Savills, putting the region ahead of London (8,263 sales) and the South East (8,009) in the popularity stakes for the first time
71% of businesses are ‘considering investing in residential areas for their employees’
‘The housing crisis is moving up the boardroom agenda and is now a serious concern in companies across the UK’, says Strutt & Parker
Institutional PRS investment reaches record levels
A surge in North American capital targeting the UK’s private rented sector indicates that investment is set to continue to rise, reports CBRE
Cogress chalks up successful exit in Battersea
First tranche of a mixed-use project overlooking Battersea Park delivers a 12% pa return for investors