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.
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
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
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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.
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.
Super-prime North London mansion frozen in international fraud probe
Luxury Avenue Road residence, City office block and West End flats among £130mn of London property identified in crackdown on alleged global fraud operation.
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.'
Wilfords brings in new Kensington & Chelsea sales boss
Independent agency boosts team and gears up for another office launch later this year.
Former Property Vision advisor launches Home Counties buying agency
Eddie Ruggles-Brise has set up an indie agency.
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.
Exploring the £4bn makeover that’s pushed Mayfair ‘back up to the top of the Monopoly board’
Luxury property developers & great estates are pouring millions into public realm improvements in Mayfair - making the historic area 'central London's third-biggest regeneration zone.'
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.
Top-end buyers hit pause as Budget fears stall £5mn+ deals
Transactions at the upper end of the Prime London market were down by over 40% last month, reports LonRes, as the start of the autumn selling season falls flat.
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Landmark flooding guidance outlines growing risks & responsibilities for property pros
The RICS has published a 'comprehensive overview' of flooding & its implications for property professionals at the same time as the government releases an 'action plan' to help protect more homes from…
Savills installs new Wimbledon chief
Stewart Harrison was previously Head of Sales for John D Wood in Wandsworth.
London’s resi planning rules ‘set to be eased under emergency provisions’
Mayor Sadiq Khan & Housing Minister Steve Reed are said to be discussing a temporary relaxation of regulations in the capital.
Hamptons partners with Cyprus agency
Pafilia is the largest private property developer in Cyprus.