Properties
Indian developer snaps up Canadian High Commission building for £306m
Mumbai-based Lodha Developers has bought the Canadian High Commission building, MacDonald House, on Grosvenor Square for £306m.
Brompton Road tube station sold for luxury resi conversion
The abandoned Brompton Road tube station in Knightsbridge has apparently been sold for around £50m to a developer with plans to convert the site into luxury apartments.
Zakay’s Topland moves into the PRS with £11m off-market acquisition
Sol Zakay's Topland Group has made its first foray into the private rented sector (PRS), buying a 24-unit block off-market in Putney for around £11m.
“Game changing” Crossrail to add 13% to house prices – CBRE
Europe’s biggest infrastructure project - London's Crossrail - will have a "two-fold" effect on property, opening up new districts and causing house prices along its route to rise by 13% (£60,000) by…
Battersea Power Station penthouses to go for £25-30m
SP Setia is apparently planning to flog the penthouses at Battersea Power Station for up to £30m.
Stiff competition could spell profit squeeze for London’s prime resi developers
20,158 prime resi units (over £1,250 psf) could be delivered in London over the next ten years, with project activity peaking in 2017 and a combined sales value of over £50bn, according to the latest…
Canadian High Commission: Fenton Whelan joins £250m fray
Another big hitter has joined in the ruckus for the £250m Canadian High Commission building in Mayfair.
Battersea Power Station bags £790m in development finance
In one of the biggest property finance deals of the year, Battersea Power Station's development manager has closed on £790.2m in syndicated development and land financing facilities.
“Most perfect house in the British Isles” up for auction with £250k-£500k guide
It's very rare to see an entire estate go up for sale by auction. It's blue moon time when it includes a property of the stature of Halswell House. Let alone with a guide price of £250k-£500k.
Almacantar signs-off on super-prime resi units for Marble Arch Tower
Rafael Viñoly's £500m-ish mixed-use plans for Almacantar's new-look Marble Arch Tower have apparently been finalised, with the proposed development involving the demolition of the existing 1960s tower…
Battersea Power Station Public View: Highlights
Battersea Power Station's plans have been on public display for a couple of weeks now; if you haven't managed to be nosy on site in person, here are some of the more visual highlights...
Candy nets Sugar Quay freehold from the fishmongers
Christian Candy’s CPC Group has secured the freehold to "the last big residential development site in the City of London", Sugar Quay.