Investors & developers tap into London’s luxury lettings market
55% of PCL tenancies above £2,500 per week now involve properties owned by either build/own-to-rent investor-developers or professional investors, up from 20% five years ago
Posts by Aston Chase
Buyers snap up £15m of apartments at Belsize Park airspace scheme
Specialist developer Pirton creates – and sells – four new apartments above a 1960s block overlooking Primrose Hill
On marketing funnels, foreign buyers & agent collaboration
Last week’s headline-grabbing deal at the Corinthia demonstrates how the process of purchasing a super-prime property has changed in recent years, notes Simon Deen…
Hong Kong tycoon snaps up £10.75m Corinthia penthouse
Ultra-luxe top-floor lateral at 10 Whitehall Place sells in lightning-fast 72-hour deal as Hong Kong buyers continue to hone in on London’s top addresses; new owners will have full access to the five-star facilities at ‘London’s 21st Century Grand Hotel’, including the award-winning ESPA spa, and 24/7 room service
PCL agency Aston Chase partners with luxury short-term rental firm
Tie-up with HNW vacation specialist Veeve provides the firm’s clients with access to the lucrative short-let market; mansions and apartments in London with hotel-style facilities now commanding up to £50k per week during the summer months
Derelict £15m Billionaires’ Row mansion finally finds a buyer
After lying empty and neglected for 15 years, Kenmore House on The Bishops Avenue is set to return as either a trophy home or super-prime apartment scheme following a deal at ‘just under £20m’
Agency heralds a ‘Boris Effect’ in prime London as buyers take a long-term view
“It looks like Boris [Johnson] has and will put the bounce back into the London property market”, says top-end estate agent Mark Pollack
Prime Resi Industry Reactions: Boris Johnson declared as the UK’s new leader
The Conservative Party has elected the controversial Brexit-loving former Mayor of London, Boris, as its new leader; he will take over as Prime Minister from Theresa May on Wednesday
Hong Kong buyers flock to London as unrest continues
Prime London estate agency records ‘an unmistakable surge in enquiries from Hong Kong residents looking to buy property in London’
‘Blueprint’ ultra-prime build-to-rent scheme taps into US demand
With the sales market in the doldrums and demand from HNW tenants running high, this luxury townhouse project in St John’s Wood could pave the way for other PCL developers, says agency
Wolff-designed mansion in St John’s Wood hits the market at £25m
10,200 square foot stonker features an Art Deco-inspired interior by Argent
In Pictures: Hidden Scandi-style mews houses with ‘invisible kerb appeal’
Developer City & Docklands has delivered a pair of low-profile high-spec contemporary mews houses on Abbey Road, which are ‘naturally unseen’ by passers-by