City of London plots huge office-to-resi drive
The area could see up to 1,500 new resi units created between now and 2030, as the City Corporation 'explores new ways to use vacant space'
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‘A clear framework for developers in one of London’s most spatially constrained boroughs’: Key policy headlines from the draft Westminster City Plan
Savills summarises the main takeaways from the borough’s planning and development blueprint for the next two decades, which has just been found sound by the planning inspectorate.
Good news drives huge rise in new enquiries, reports London agency
Chestertons attributes ‘biggest shift in activity since the end of the first lockdown’ to vaccine progress and US election result...
Planning clampdown stamps out PCL’s mega-basement boom
New figures show a massive decline in basement-related applications across RBKC & Westminster since the introduction of stringent rules designed to prevent over-development.
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Super-prime construction firm builds leadership team
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'Something has shifted at the very top of the market,' declares LPF boss Priya Rawal after consulting a panel of luxury property insiders.
High-profile developer wins £1.9mn SDLT battle over Chelsea mega-mansion
Upper Tribunal dismisses HMRC appeal in long-running tax dispute.
Developer offers £42k private school sweetener to homebuyers
Two years of fees are on the table at a north London scheme as firms look to tempt purchasers with increasingly inventive incentives.
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Grade II* mansion in 230 acres, used as a school for more than a century, has the potential to be reborn as a spectacular private residence.
Rare receivership sale completed on Eaton Square
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‘2026 likely to prove one of the lowest years for London transaction volumes on record,’ warns Foxtons boss
Major estate agency's profits hit hard by 'materially lower' sales volumes and 'short-term volatility' in the lettings market.
Knightsbridge Gate nears sell-out after £30mn double deal
Middle Eastern buyer picks up two neighbouring apartments at the luxury PCL scheme, leaving just one residence available.
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Savills completes $1.1bn real estate investment bank acquisition
The big deal 'accelerates Savills strategy to scale in North America while strengthening its leadership position in both EMEA and Asia Pacific.'
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Deal volumes jumped 48% from Q1 to Q2, as Coutts points to 'some of the most attractive opportunities seen in the Prime London market for more than a decade.'
Knight Frank’s Tom Bill on Burnham’s first fortnight
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Hamptons & John D Wood owner cites ‘very challenging’ market as H1 profits tumble 92%
The UK's biggest estate agency group said lettings and surveying again helped offset the slowdown in sales activity.
Savills recruits West Suffolk specialist
Former Jackson-Stops agent has joined the Savills Ipswich team as associate director.