Developments

Reuben Brothers have reportedly appointed architects Paul Davis & Partners to start drawing up plans for the redevelopment of the former Naval & Military Club at 94 Piccadilly.

Oakmayne Bespoke has just released the second phase of its Verge Mayfair development, with 5 Hertford Street designers, Lambert & Browne, in charge of the interiors.

After a brief window of less-aggressive pessimism, the latest Construction Industry Forecasts predict a 4.5% drop in construction industry output this year.

Alasdair Nicholls, Chief Executive of Native Land Resi specialist, Native Land, has released a statement announcing that a major private Gulf based investor has taken a 45% shareholding in the company.

With Asian buyers reportedly accounting for 60 pc of new build properties purchased in Central London in 2011, developers are increasingly tailoring projects to appeal to their top demographic.

St James, Berkeley Group's luxury arm, has reportedly hired creative agency Luchford APM to launch its new Riverlight development on the South Bank.

The top two new homes in the "Best Luxury House" category at the What House?

The Atrium, a new development on Park Road that will feature a £9.

Berkeley Group has reported a 58 per cent rise in full-year profits. According to the Cobham-based homebuilder, pretax profits rose to £214.8m, up from £136.2m a year earlier.

Westminster Council have released plans for a massive £70m investment scheme in Westbourne Green.

The consultant Turner & Townsend has reportedly beaten off stiff competition to be named project manager of the proposed £250m Grosvenor Place scheme in Belgravia. Subject to planning, the 1.

Simon Trout has joined Residential Land's design team as Creative Director.