Company Tag: Knight Frank

Knight Frank has bolstered its HNW Private Office operation with two new recruits in London.

11,000 square foot creation on Pitt Street was a flagship project for Mike Spink’s revered development firm.

“Build cost inflation is the most talked about topic in the land market at the moment, and it is anticipated that this will not ease in the short term," warns Knight Frank.

After decades of sporadic development, all four corners of the famous PCL district are being transformed as a raft of ‘landmark’ projects finally take shape.

“It’s been an extraordinary period for the whole market in PCL,” says David Mumby, head of Prime Central London lettings at Knight Frank.

Only three local authority areas in England and Wales saw the total value of their housing stock fall during the pandemic period, and they're all in the capital: Westminster (-10.1%), Lambeth (-2.

“We are not on the verge of the sort of dramatic double-digit bounce-back in prices,” says Tom Bill, head of UK residential research at Knight Frank.

Alistair Elliott, Group Chair and Senior Partner at Knight Frank, is joining the Duke of Westminster's Grosvenor Britain & Ireland as a Non Exec Director.

Group’s latest set of annual results show a 23% boost in pre-tax profit, but turnover slipping by 7%;

"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...

"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...

West End developers received more than £250m of offers in the W1 postcode alone last month, reports Knight Frank - but normal service is unlikely to resume until spring 2022 at the earliest…