The Market
Prime global rents lose momentum as emerging markets stall
Prime rents around the world are rising, on average, by 1.3% a year according to Knight Frank's latest spot check. That's significantly down from the rate of 3.5% recorded a year ago.
Huge rise in PCL tenancies as buyers turn to let
One of PCL's top lettings agencies has reported a massive 94% year on year increase in tenancies, seemingly driven by disappointed buyers giving up on the idea of finding their perfect pad.
Thackeray offloads Fulham site for £16.2m
The Thackeray Estate has sold a rare development site in Parsons Green for £16.225m.
Prime Property of the Week: Tregunter Turnkey
Tregunter Road, Chelsea
£25m
The term "turnkey" is surely one of the most overused words in prime property lexicon.
Robert Kime-designed Wilton Crescent townhouse asks £32m
A rare instruction on one of London's most exclusive crescents has just hit the market, sporting a mighty £32m price tag.
RBKC moves to slash noisy construction working hours
RBKC has proposed reducing the hours contractors can carry out noisy works in the borough.
Planning surge puts London’s new homes targets within touching distance
The number of new homes being approved by the capital's planners accelerated by 73% in the first three months of the year, with 11,870 new residential units across 1,553 separate sites entering the pipeline…
The Rise of Rent: 250,000 new rental households created in London in the last year
247,000 new rental households appeared in London last year alone, says CBRE, as "the emerging build-to-rent market is beginning to bear fruit."
Economic woes bring Greek property buyers to London
A Mayfair-based buying agency has reported an influx of Greek clients looking to invest in the UK capital as economic clouds gather over the Eurozone.
‘Europe is surging ahead’ – Chinese portal assesses global housing markets
Chinese mega-portal Juwai has flagged Ireland as the world's strongest-performing housing market, with a +15.75% price increase in the last year.
Hammer Time: Previewing auction projects in Marylebone, Knightsbridge & Bayswater
There's some right tasty-looking projects due to go under the hammer this month.
Pick of the bunch has to be this 11,500 square foot scheme in sought-after Marylebone, listed with a guide price of £7.5m+.
Biggest quarter for Scotland’s £1m+ market in ten years
The top end led Scotland's housing market during the year to March, says Savills, with activity up by a hefty 33%.