The Market
Morgan Stanley ‘assuming a 10-20% fall in new-build, high-end residential pricing’ this year
Top investment bank Morgan Stanley has gone a step further than JLL's recent forecast downgrade, arguing that high-value new-builds in London are likely to see price drops of up to 20% this year.
Kahn calls for end to buyer anonymity in London
Mayoral candidate Sadiq Kahn has turned his steely gaze to the topic of transparency in the London property market.
Three ways to find value for money in prime central London
Buyers baulking at the prices commanded in the Golden Triangle of Belgravia, Knightsbridge and Mayfair have been offered a few tips for finding value in PCL.
First up, says CBRE, don't forget St James's.
How much prime resi will US$1m buy around the world?
Monaco, Hong Kong and London are the most expensive places to buy a single square metre of prime residential real estate, according to the latest sums from Knight Frank and Douglas Elliman
Gothic masterpiece by famous Bugatti hill climb asks £3m
An important early Georgian Gothic Revival house has hit the market complete with a private driveway over the legendary Prescott Hill Climb, home of the Bugatti Owners' Club.
£350m Old War Office sale goes through
The sale of the 580,000 square foot Old War Office was formally put to bed yesterday, paving the way for Churchill's former stomping ground to be turned into resi apartments and a luxury hotel.
A third of West End sales now achieve over £2250 psf – CBRE
CBRE has reported a particularly strong few months in the West End market, after tucking away just shy of £60m worth of stock in Q4.
Prime central London rents slip on global volatility
Annual rental value growth in prime central London has fallen to -0.2%, says Knight Frank, the first time the annual rate has pointed downwards since June 2014.
Mapping the Market: London’s Golden Postcodes lose their shine
London's Golden Postcodes are losing their shine, as both sale and rentals values slip according to the latest analysis by Knight Frank.
Sale prices across prime central London dipped by 0.
JLL cuts central London resi development growth forecasts
Weakened demand has prompted JLL to significantly downgrade its forecasts for central London's resi development market.
Two-unit amalgamation deemed ‘development’
An owner looking to combine two London flats into a single unit has been denied a LDC after a planning inspector decided the work would come under the official sec.55 definition of "development".
Sub-£1m properties ‘face extinction’ in Mayfair and the West End
The sub-£1m home is soon to become a thing of the past in Mayfair and the wider West End.