Deals & Instructions
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.
Art Vs. Property on Cork Street
The two stellar asset classes of our troubled times are running a pitched battle down the length of one of Mayfair's finest streets.
Native Land and Grosvenor award Alpha Place contract
Native Land and Grosvenor have awarded a £50m construction contract to Sir Robert McAlpine to deliver their Alpha Place scheme on Chelsea Manor Street, London.
Green light for Farrell’s £8bn Earls Court vision
Hammersmith & Fulham (H&F) Council’s planning applications committee has approved the proposal for outline planning permission for the £8bn redevelopment of 57 acres of land at West Kensington and Earls…
Warnings sound as prime resi pipeline surges to £38bn
The pipeline of prime residential property developments in London is surging, with over £38bn of schemes and 15,000 units currently earmarked for completion in the next decade, according to new findings…
£5m+ market still chipper as PCL rental market picks up
The £5m+ prime London property market remains buoyant, with the Middle East, Russia and other Commonwealth of Independent States countries dominating proceedings, according to Beauchamp Estates' latest…
John D Wood: ‘Correctly priced property’ key to 2012 success
John D Wood & Co.
Squire wins the battle for Vauxhall Cross
The priming of the south bank again marched onward this week, as Squire & Partners' £400m two-tower scheme for Vauxhall was approved by Eric Pickles.
Derwent’s big plans for Fitzrovia
Developer Derwent is set to reveal final plans for 14,000 square feet of resi (and 323,00 square feet of offices) at its much-anticipated Fitzrovia site, according to Building Magazine today.
Development Securities sells Westminster Palace Gardens for £21.9m
Development Securities has completed on the disposal of residential and retail components at Westminster Palace Gardens, which sold for £21.9m (netting the developer a profit of £2m).
UNESCO warns of ‘irreversible commitment’ made by new developments
UNESCO, the world heritage body, has voiced concerns over the impact of increasingly altitudinous new developments on London's historic buildings.