Sales
SDLT reforms ‘backfire’ as London investors split purchases
Buying agency Black Brick has laid into the government's decision to up stamp duty rates for high-value homes, after observing a big knock-on effect in the lower price ranges.
Another Strand success for Enstar as major expansion plans align
Investment outfit Enstar Capital has just sold a consented 12-unit luxury scheme on the Strand for £12.25m, the firm's third play on the famous thoroughfare.
Prime London sales generating lower stamp duty revenues post-reform
If the government were looking to boost Treasury coffers from the change to stamp duty, it looks as if they'll be sorely mistaken.
Alchemi sells landmark Victoria scheme
Developer Alchemi Group has just sold its giant resi scheme at 33 Horseferry Road (opposite the Home Office) in a deal worth £137m.
London’s latest dinner party boast? The PCL vendors ‘anti-marketing’ their properties
Without wanting to burden you with another buzzphrase, it seems the "anti-marketing" campaign is all the rage in prime central London at the moment.
39% of PCL deals go international as European buyers flock
39% of all buyers in prime central London during Q2 were originally from overseas, says Strutt & Parker, with a noticeable increase in buyers from Western and Eastern Europe, as well as from North America.
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.
Knight Frank sells £5m Surrey mansion
Knight Frank's Guildford office has just tucked away a rather nice country house deal.
Domestic buyers and new-builds dominate ‘soaring’ West End market
The resi sales market in the West End has "soared" since the election, reports CBRE, with enquiry levels and average values both up by nearly a third.
Investors now account for 42% of prime central London property purchases
Prime London property prices ticked up by 0.8% in Q2 - the first rise since September 2014, and quite the change from Q1's -0.6% - as "investors strengthen their hold" on the PCL market.
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.
‘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.