Developments

Property fund managers Cordea Savills have announced the first close of their Prime London Residential Development Fund, after a major global private bank provided £25 million of initial equity.

Chartwell Estates have begun marketing a 10,000 sq ft six-bedroom new-build on Scotland's most expensive housing development in the grounds of the Gleneagles Estate in Perthshire

Wandsworth Council has approved planning permission for two major resi projects on London's South Bank, creating nearly 3,000 new homes

Andrew Dunn and Alex Michelin's latest project - a seven-storey, 8,200 sq ft refurbishment on Chester Square - has sold for its full £32.

Battersea Power Station will be developed by SP Setia and Sime Darby, after the Malaysian bidders beat an estimated 15 rival proposals, including one by Chelsea Football Club to turn the 15-hectare site …