Fairway & Leconfield launch £200m Golden Postcode property investment fund
George Brooksbank's investment firm Fairway Capital and development outfit Leconfield are looking to spend £200m over the next 18 months on "value add" prime residential properties on garden squares in Belgravia, Knightsbridge and Mayfair, taking advantage of recent price drops to deliver investor returns
Fairway’s resi fund snaps up £70m-worth of PCL property from Grosvenor, as blue chip investors look for a safe haven
"In macro-economic terms, Covid is just about as bad as it gets," says Leconfield and Fairway Capital founder George Brooksbank.
By PrimeResi
Grosvenor on the hunt for resi investment projects in regional towns & cities
Grosvenor Britain & Ireland has recruited Arrif Ali from Cain International to lead a new regional investment drive, looking for residential and mixed-use development opportunities around the UK
By PrimeResi
Monaco property scion plots £100m prime resi pipeline in London; acquires significant Mayfair block
REDD was launched by Jacopo Marzocco - of Monaco's Marzocco luxury property dynasty - in 2016; the developer / investor is now making a big move on prime London
By PrimeResi
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Rising star joins super-prime brokerage as its youngest PCL director
Chelsea specialist Jessica Moreton has made the move to UK Sotheby’s International Realty from Douglas & Gordon.
Homes of the Rich & Famous: Celebrity-owned properties sell twice as fast as ‘normal’ listings
An A-list occupant can generate a huge buzz for a new instruction, reports Beauchamp Estates, but the effect on the property's value is less obvious.
By PrimeResi
Chestertons bolsters London super-prime lettings team
Big-brand estate agency eyes 'strategic growth' in top-end rental sector with new Head of Super Prime Lettings.
By PrimeResi
Stamp Duty ‘should be abolished as part of a wholesale reform of property taxation’
'SDLT certainly should not be increased,' declares an in-depth new report by the Institute for Fiscal Studies, and 'a well-designed tax system would have no place for SDLT at all.'
By PrimeResi
Savills installs new sales boss in Notting Hill
Dan Martin returned to the agency earlier this year following a stint at UK Sotheby’s International Realty.
‘Westminster’s fastest-selling luxury residential development’ reaches completion
With 70% of apartments sold before completion, Native Land heralds 'not only a design triumph but a commercial success' at 100 George Street.
By PrimeResi
Five-star Belgravia project sets London price records
The Peninsula London has reportedly proved popular with billionaire buyers from the United States.
Grosvenor names new UK CEO
Jamie Whitty-Lewis has been promoted following James Raynor's move to lead the international property business.
By PrimeResi
Luxury agency sells brace of storied PCL penthouses
Beauchamp Estates confirms sales of Belgravia and Marylebone apartments once home to Christine McVie and Mick Jagger, as part of a £100mn run of deals.
Innovo lines up debut London resi play opposite Lord’s
First outing for UK arm of Middle Eastern luxury property giant to deliver 89 new homes in collaboration with a 'best-in-class' design team.
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Exploring the £4bn makeover that’s pushed Mayfair ‘back up to the top of the Monopoly board’
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Super-prime North London mansion frozen in international fraud probe
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By PrimeResi
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4% fewer £2mn+ homes were available to buy on the open market in Q3 than in Q2.
By PrimeResi