Deals & Instructions
Mayfair penthouse sells for £19.5m (a 400% price increase in 16 years)
A penthouse on Park Lane has just sold for £19.5m, breaking the £4,000 per square foot barrier and achieving a 400 per cent appreciation since being sold by the same agent in 1996.
£60m prime resi opportunity for Cavendish Square?
A 63,000 square foot block at 19 Cavendish Square has just been put on the market for £60m with Whitmarsh Holt Young, Savills and Jones Lang LaSalle.
New “Gateway to Southwark” planned
Global asset management firm The Carlyle Group is planning to go big in Southwark: the firm is due to submit detailed plans for a 1
Crown Estate offers a peach of a resi development opportunity in the City
St Dunstan's House on Fetter Lane - a stonking development site in central London with planning for conversion from offices into 76 luxury residential apartments - has been put on the market by the Crown …
Open House Day generates offers worth over £32m
Strutt & Parker's 8th National Open House Day, which took place this October, produced over £32m worth of offers for properties registered with the firm.
Omni Capital completes £20m super-bridge loan
Omni Capital, the short-term lending specialist owned by Christian Candy's CPC Group, has just completed on one of the Britain's largest ever bridging loans
Poole Harbour luxury development unveiled
Development Securities and Haxted Estates have unveiled a rather natty new luxury development overlooking Poole Harbour, next to the Sandbanks Peninsula
Merchant Square, W2: over 50% sold off-plan
3 Merchant Square, the luxury development in Paddington by European Land and Property Limited, is now over 50% sold off plan, bringing-in over £100m in sales.
Ballymore cancels Bangkok show after Singapore sell-out
London property developer Ballymore has postponed a planned property showcase in Bangkok because of better-than-expected sales in Singapore, says Andrew Batt
HSBC sells Property Vision to management team
HSBC Private Bank has sold 100% of Property Vision to the company’s management team, operating as PV Acquisitions Limited.
Property Vision's gross assets have been valued at $7.2m,
Northacre bags £13.5m dividend from The Lancasters
With just five units remaining unsold out of 77 and prices reaching £16m, The Lancasters development overlooking Hyde Park is a raging success for its developers.
Centre Point scheme goes back to the drawing board
Almacantar's plans for Centre Point, which include converting the entire main tower into 82 residential apartments, have been rejected by Camden Council