The Market
Sydney mansion smashes Australian price record
A ginormous house in a swanky suburb of Sydney has just sold for "between $60-$70m", making it the most expensive resi deal in Australian history.
Harrods Estates instructed to let ‘Marylebone’s most luxurious apartments’
The lettings team at Harrods Estates has landed a peach of an instruction in W1.
Chelsea landlord offers £2,700 per week DIY rental
In an unusual move, the landlord of a rental property on Mulberry Walk is tempting prospective tenants with carte blanche to completely redecorate a whole house.
85% of tenants are now opting to renew contracts – Foxtons
Foxtons is reporting that a record number - 85% - of all its tenancies are renewing contracts.
‘Substantial uptick’ in Manhattan deals as prices dip
"The number of Manhattan apartment sales greatly increased in the four weeks leading up to July 1," says New York real estate website City Realty from across the pond.
Immigration Bill: Why Greg Clark should let letting agents do their job
All this unpaid work is making life so tedious that it's almost not worth doing the job at all, says Trevor Abrahmsohn...
Prime London Lettings Market Overview: Analysing Q2’s ‘important shift’
In stark contrast to what's being going on in the sales market, average rental values across prime London are now 7.4% higher than they were at this point last year.
Prime London rents falter as bankers’ optimism fades
Rental values in prime central London have dropped - albeit by the smallest of measures - for the first time since February 2014. July saw PCL rents fall by 0.
Pace of price growth in global prime cities halves – Knight Frank
"Asian cities are rising up the rankings," says Knight Frank, as seven of the top ten cities in its Prime Global Cities Index are now based in the Asia Pacific region.
‘Stamp Duty reform has had little impact’ – CBRE
December's Stamp Duty reform probably hasn't had that big an impact on the £2m+ property market, argues CBRE.
South Bank Scramble: 1000 buyers register for Shell Centre apartments
How's this for a soft launch...
Over 1,000 buyers have already enquired about apartments in the soon-to-be-transformed Shell Centre, less than a week after the registration process began.
London’s prisons set for resi cell-off?
Speculation is mounting over a potential sell-off of London's inner-city prison sites for resi redevelopment.