UK regions saw a dramatic 51% increase in the number of “American-style” purpose-built rental homes completed in 2019, according to Savills, the British Property Federation and Molior.
“While the outlook for 2020 is generally more positive” than in 2019, says Savills, “price growth in prime residential markets is still expected to be modest across many global cities”
Q4 was a record quarter for £20m+ deals in Central London, reports Savills, while December saw the highest number of £5m+ sales since 2014.
The combined value of UK homes has escalated by £750m a day since 2009, says Savills…
Global real estate advisory reports ‘considerable resilience’ in the face of significant challenges in the UK and Hong Kong…
The UK’s average house price to earnings ratio stands at 10.7, compared to 18.0 in London
Prime resi insiders weigh-in on the big property market, design and lifestyle trends for the next 12 months
Stan Ennor-Glynn has moved from JLL to Savills, where he will lead the International Residential division across the MENA region.
Q4 2019 saw the first quarterly increase for average property prices in Prime Central London in four years, according to Savills
Lower levels of freehold Elystan Street block are let to Michelin-starred chef Philip Howard
Canary Wharf is transitioning into a place to live as well as work, says Savills; a third of buyers in the area are international, and over a third of households earn more than £100k a year. But the proportion of investment buyers has tumbled from 42% in 2016 to just 10% since 2018…
Heiress lists the Grade II listed Sloane House on Old Church Street after carrying out a spectacular revamp