Properties
Grosvenor raises £210m of debt for Belgravia spending
Sounds like there's a prime spending spree in the offing; Grosvenor has raised £210m of unsecured long term debt to "help finance forthcoming investment in Belgravia."
California Scheming: Cantilevered Surrey villa scoops another gong
An extraordinary modernist villa in Surrey has been crowned "Best Family Home" at the Sunday Times British Home Awards, adding to its impressive haul of accolades for the year.
East End Preservation Society launches with attack on big developments
Dan Cruickshank, the architecture/history guy off of the TV, has come out swinging against "massive new developments" in London's East End.
New Head of London Development for Carter Jonas
Carter Jonas has hired former Lambert Smith Hampton man Tim Shaw as Partner to lead the firm's London Development team.
Berkeley buys in Bath
Sol Zackay's Topland Group has sold a swathe of prime Bath city centre to Tony Pidgley's Berkeley Group.
The 1.
Planning nod for resi scheme at Fitzrovia former BBC office
PCL specialist developer Dukelease and Brimelow McSweeney architects have bagged planning permission for a big office-to-resi scheme in Fitzrovia.
Inland buys “one of the best development opportunities in the South East of England”
Some more offloading of military-grade property for resi development: Inland Developments has agreed to buy "arguably one of the best development opportunities in the South East of England," the Defence…
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.