The Market
Wealthy foreign students account for a third of prime London tenants
29% of London Central Portfolio's private tenants are rich foreign students, paying an average of £28,878 pa to live in Westminster and prime central London.
Serviced apartment rents rocket 25% in a year
London’s market for serviced apartments is officially booming, with rents rocketing on the burgeoning number of short term accommodation options in the capital, according to CBRE.
Country prime down, £2m+ really down, sub £2m up: Knight Frank’s Q3
There was alot of hand-sitting in the prime property market throughout Q3, according to Knight Frank's latest Residential Report.
Fall of the gavel: Auction houses report biggest month of the year
The resi auction scene has had a bumper rundown to Christmas, with November proving to be 2012's most successful month for sales.
Battersea Power Station Phase One: Approved
**UPDATE** Wandsworth Council has given full approval to the Battersea Project Land Company's Phase One plans, meaning that all is on-track for sales of the first 800 resi units to kick-off at 10am on…
London swells as escape to the country loses its charm
The way people move in/out/around London is changing, according to the latest research report from Winkworth.
Big Picture: Knight Frank optimistic on global prime property prices
Knight Frank has released a "quietly optimistic" Prime Global Residential Forecast, with prime property prices expected to rise in 2013 by an average of 2.5% across all 14 major cities surveyed.
Boris unveils London Rental Standard
Boris Johnson has announced plans for a new "London Rental Standard" to be launched next year, aimed at promoting high standards and empowering consumers in the rental sector;
Crystal balls: prices will be up 20% by 2018
Five years may be a long time, but Chesterton Humberts has taken a punt and projected that total price growth in London, the South East, East Anglia and South West will be pushing 20% by then (compared…
Osborne stamps-out stamp duty dodging
The number of £2m+ homes being bought through the offshore company tax-dodge has plummeted by 80% since March's budget, according to the FT.
‘Tis the season to be jolly – £250m of country sales in a month for Knight Frank
With only a couple of weeks left until the property world hangs up its brogues for another year, there's been somewhat of a pre-Christmas rush in Knight Frank’s Country Division, with over £250m worth…
Jones Lang LaSalle opens flagship City office
Jones Lang LaSalle has announced the launch of a dedicated residential sales office in the swanky Royal Exchange, slap bang in the middle of the City of London, EC3.