The Market
Stock shortage will put brakes on recovery – Foxtons
The market is "taking time to recover" from the General Election, says Foxtons plc in its latest trading update; the firm's figures are looking decidedly healthier already though...
Sotheby’s recruits Knight Frank man to lead PCL expansion plans
UK Sotheby’s International Realty has recruited Knight Frank's Simon Tollit as Sales Director.
Off(shore) Market: London’s £100bn-worth of property owned by overseas companies
Offshore-based "corporate entities" have bought up over £100bn-worth of property across London within the last six years - including one in six homes in the Royal Borough of Kensington & Chelsea and many…
Office-to-Resi Rights: Boom or bust for developers?
In the wake of last week's big announcement by David Cameron, James Lawrence talks us through the real implications of office-to-resi permitted development rights becoming permanent...
Ombudsman calls for Property Agents Act
Outgoing Property Ombudsman Christopher Hamer has called for the 1979 Estate Agents Act to be replaced by a new Property Agents Act to reflect changes in the sales market and "bring lettings into a precise…
MI5 and MI6 headquarters next in line for government sell-off?
As Daniel Craig prepares to pout his way through another Bond outing, there's been some interesting speculation around the Thames-side headquarters of both MI5 and MI6.
Banda embarks on ‘minimalist’ Battersea scheme
Banda Property is cooking up another boutique scheme in Battersea, following the resounding success of the firm's conversion of a former bakery just around the corner.
Belgravia house goes for £8.5m in rare distressed sale
A five-bedroom property in prime Belgravia has been snapped up at practically half the price it was being advertised at a few years ago, after being placed into receivership.
Qatari-financed bank backs central London resi fund
Residential fund/asset manager London Central Portfolio (LCP) has teamed up with the Qatari-backed Al Rayan Bank, which opened a flagship branch in Knightsbridge last year, to finance its latest Sharia-compliant…
George Osborne’s Autumn Statement 2015: A Wish List
Trevor Abrahmsohn offers up a remedy for the 'lose-lose situation' of tumbling transactions and tax take in the capital, as he puts in a few early requests to No. 11...
PCL price growth continues to slow as prime country values edge up
Price growth continued to decelerate in prime central London last month and venerable areas like Notting Hill, Knightsbridge and South Ken are now lagging well behind the young upstarts to their…
Shard developer unveils £1bn plan to transform Paddington
Sellar Property Group has pulled back the covers on plans to turn the former Royal Mail sorting office next to Paddington Station into west London's tallest skyscraper, kickstarting a £1bn makeover…