The Market
British Land acquires prestigious Clarges Estate for £129.6m
The Clarges Estate, Mayfair
British Land has entered into a corporate agreement to purchase a vast swathe of Mayfair, including Clarges House, 6/12 Clarges Street and 82/84 Piccadilly for £129.6 million.
PCL buyers fleeing to the ‘burbs
Buyers are being pushed further towards south and west London as supply tightens in prime areas, reports Marsh and Parsons
41% of buyers decide before they make it past the hallway
Nearly half of all buyers have already made up their mind on whether to buy a property after setting foot through the door, according to a new survey
Garrington reports increases in transactions, price per square foot and £5m+ sales
Average prices per square foot in PCL in the first half of 2012 are now in excess of £1,340, say Garrington in their brand new London Property Market Review, an increase of 12.5
New Kensington Church Street office for Chestertons
Nick Carter and Francesca Fortunati
Chesterton Humberts has announced the opening of a brand new office in Kensington Church Street, to work alongside their existing Kensington High Street branch
Trevor Abrahmsohn surprises himself by agreeing with Grant Shapps
Selling off social housing in prime areas may not be such a daft idea, but banks witholding lending for private development certainly is, says Trevor Abrahmsohn.
June’s a washout for prime London transactions: here’s the skinny on LonRes’s Summer Market Report
The latest London property market review from LonRes makes for some pretty depressing reading
Summer lull? What Summer lull?
July and August are usually heralded as a hiatus in the property market, with holidays and sun-soaked barbeques/drizzle-drenched roasts (delete as applicable) cutting the number of vendors, house-hunters…
Landlords capitalise on summer lulls
Almost a third of respondents in the latest Association of Residential Letting Agents (ARLA) survey claimed they had increased the size of their portfolios since July 2011
Trevor Abrahmsohn on the greatest no-show on Earth
Roll up, roll up for the great Olympic non-event, says Trevor Abrahmsohn.
Developers cater for Asian influx
With Asian buyers reportedly accounting for 60 pc of new build properties purchased in Central London in 2011, developers are increasingly tailoring projects to appeal to their top demographic
House Price Index shows overall increase, driven by 7.2 pc rise in London
UK house prices increased by 2.3 per cent in the 12 months to May 2012, continuing the pattern seen since early 2010. This rise was driven by a 7.