Developments

Galliard Homes has acquired the grandiose 24,757 sq ft former HQ of the Union of Post Office Workers in Clapham with plans to turn it into 29 luxury apartments.

Just under 800,000 sq ft of West End offices were converted into homes in 2013, says Colliers International, with another 1.82m sq ft of conversion projects now in the homeward-bound pipeline.

Residential development land prices in prime central London rose by 6.7% in Q2, reports Knight Frank, while the average increase across England & Wales languished at +1% for the quarter.

Hotly-tipped developer G&T London has bolstered its PCL portfolio with the acquisition of a significant site in Bloomsbury, WC1.

It sounds like things are heating up in the battle for the £600m contract to redevelop the main Battersea Power Station building.

The world's most expensive penthouse - £240m - has been unveiled in Monaco. It has a waterslide to link the dancefloor to the pool. Taking over the top five storeys of the Tour Odeon tower on Av.

Singapore-based UOL Group has bought the Heron Plaza site on Bishopsgate from Gerald Ronson's Heron International for £97m, with plans for luxury residential apartments, a hotel and retail units.

There's been a bloom of residential developments on Green Belt land under the Coalition Government, with the number of resi approvals rising by 148% over the last five year.

Brimelow McSweeney has bagged planning permission for its residential designs on 181-185 Wardour Street in the heart of Soho.

Super-prime developer Consero London has "confidence in the luxury country estate market", having just released details of four new Classical mansions in Surrey - including "the most luxurious newly built…

Planners are "sticking to their guns" over a £15m affordable housing contribution requirement for Candy & Candy's Foster + Partners-designed Sugar Quay development next door to the Tower of London.

Galliard, the developer behind some fairly (and very) high-end blocks including 35 Old Queen Street in Westminster - has pulled back the curtains on its "most luxurious and expensive house built to date".