Sales
Race for Old War Office heats up as bids ‘sail over £300m’
It's been reported that six investors and consortiums remain in the running to buy the iconic Old War Office at 57 Whitehall.
Uncertainty reigns as Notting Hill transaction levels plummet 48%
Traditionally one of London's most resilient micro-markets, Notting Hill has seen transaction levels fall off a cliff over the last few months.
Villa with ‘Western Hemisphere’s sexiest pool’ asks £20m
Described as 'only comparable to a handful of properties found in perhaps the South of France or on Long Island’s Gold Coast', instructions don't come with much more fanfare than this.
Pocket Guides: Bayswater
Did you know that properties in Bayswater are currently 42% cheaper per square foot than in Mayfair? Or that nearly half of its residents are aged between 25 and 44?
Cooking Apple: New York super-prime sales up 120%
As median home prices across the US finally return to the kind of levels last seen in 2004, sales of New York's multimillion dollar resi properties have rocketed.
Midtown sales spike as buyers look beyond London’s golden postcodes
CBRE has reported 60% spike in sales in Q3 this year compared to last in Midtown - twixt Mayfair and the City - as buyers look beyond Mayfair and Knightsbridge.
Soho Works Estate comes up for sale
The Soho Works Estate, a half-acre site fronting both Great Marlborough Street and Poland Street, has just been listed for sale with a £67.5m price tag.
Knight Frank opens up in Barnes
Knight Frank has just opened the doors to its new office on Barnes High Street, SW London.
Strong start for Derwent’s Art Deco cinema conversion
Derwent London's redevelopment of a former cinema on Queensway has got off to a flyer, with 50% of the units selling within the first two weeks of launch.
Vendor sweetens penthouse deal with free Lamborghini
The vendor of a $38m Las Vegas penthouse is hoping to pique the interest of high-rolling buyers by throwing in a $250k Lamborghini hyper-car to sweeten the deal.
New-build market above £1m to suffer in 2015 as supply increases – Hurford Salvi Carr
City/Docklands/Midtown-based agency Hurford Salvi Carr has been totting up the price movements across its patch during 2014, and come up with an average increase of 4% on the sales side.
‘Mini-boom hits a pause’ as asking prices fall – Rightmove
Asking prices have dropped by 1.7% in the last month, says Rightmove, as the traditional winter slowdown kicks in.
This year has seen prices of new instructions hitting the portal rise by 8.