The Market
Merchant Land gets to work on new Marylebone scheme
Investor and developer Merchant Land has started on site at OneTwentyFour, a new boutique resi scheme on Seymour Place in Marylebone.
It’s cheaper to buy than to rent in over a third of British cities – Zoopla
"The financial strain of buying can be overstated," says Zoopla (if you ignore deposits and purchase fees etc, and bank on interest rates staying low), as the portal informs us that it's cheaper to buy…
Knight Frank slashes 2016 prime central London forecast
Knight Frank has slashed its annual price growth forecast for prime central London in 2016 from +4.5% to just +2%.
Now that’s what you call a start-up: Rocket unveils Tech City’s tallest building
Rocket Investments has lifted the lid on a new scheme in Shoreditch that promises to tower over London's thriving Tech City.
£16.5m sales success for Enstar in Covent Garden
Enstar Capital has achieved an impressive sell-out at its latest scheme in Covent Garden, hitting a top rate of £2,260 per square foot.
Agreed sales pick up as demand escalates – RICS
"It is hard not to see prices continuing to move higher over the coming months and into the early part of 2016," says the RICS' chief economist, as the Institute's latest data shows an uptick in agreed…
Star and Garter sales hit the halfway mark after ‘astonishing’ response
We hear apartments at London Square's new scheme in Richmond have been flying off the shelves, after 2,000 potential buyers registered their interest in the launch.
Alchemi wins bid on Nine Elms tower scheme
Grand South site at 12-20 Wyvil Road has planning for a 36-storey development
Mayfair & Marylebone car parks ‘concealing’ £1.3bn of prime resi development land
It's been reckoned that 18 large multi-storey car parks across Mayfair and Marylebone sit on over £1.3 billion worth of prime residential development land.
Courchevel 1850 tops ultra-prime ski resort league
France's Courchevel 1850 has maintained its status as the world's toppiest ski resort for another year, straddling Savills' Ultra-Prime Ski Resort Index with typical prices of €31,340 per square…
Chancellor outlines four-step plan ‘to get Britain building’
Chancellor George has been talking about housing at the Tory party conference, proclaiming a four-point strategy that "will change the way vital infrastructure projects are planned, determined and funded."
Prime global rents ‘struggling for growth’
"The heady days of 5% annual growth look unlikely to be repeated for some time," says Knight Frank's Kate Everett-Allen, as the firm's Prime Global Rental Index hovers close to the zero mark.