Fifth Wall builds $500mn Climate Fund to decarbonise the property industry
"The real estate industry is the single-most contributed industry to climate change," says venture capital boss. "It's the culprit that was hiding in plain sight."
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BidX1 bags new investment for ‘another phase of strategic growth’
International management consultancy firm Oliver Wyman and southern European real estate finance company doValue have taken minority stakes in the Irish proptech company.
Grosvenor ‘reconsiders its assumptions’ with a new urban property strategy
“The pandemic, external geopolitical turmoil, technological disruption, climate change and social change are forcing us to reconsider our assumptions of consumer needs and trends, business models and…
US PropTech fund backs 11 European companies
An investment arm of the USA's National Association of Realtors has, in conjunction with Propertymark and Savills, backed a second batch of PropTech ventures in the UK and Europe.
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Super-prime broker Fatemi reports £700mn deal run
£100mn-plus sale among standout transactions as UK Sotheby's exec flags changing UHNW property tastes.
Tycoon weighing UK exit looks to offload luxury PCL properties
£18mn-plus Knightsbridge flat goes up for sale, along with other homes in Mayfair, Kensington and Chelsea, as entrepreneur says ‘there’s just no point in being here’.
Industry Panel: How 15 prime resi leaders would redesign England’s property tax system
Exclusive PrimeResi survey finds most respondents favour shifting the tax burden away from transactions and towards property ownership - but opinion is split over abolishing SDLT altogether.
£33k-a-week Mayfair mansion leads run of blockbuster London rental deals
Mount Street and One Hyde Park mega-lets mark five-year highs as capital's luxury rental supply shrinks.
£11.8bn development wave to reshape West Kensington’s market
New research makes the case for a West Ken renaissance, as a trio of major development projects look set to redraw the local map - and hike property values.
How super-prime apartments played a key role in London’s £1bn Peninsula
HSH’s accounts reveal just how important the luxury resi element became to the landmark Hyde Park Corner project.
New homes specialist returns to Savills
Resi development sales consultant rejoins after three years with other agencies.
‘Buyers today have more choice than ever before’: Savills global resi chief on the battle for international wealth
Interview: Victoria Garrett discusses London’s place on the world stage, Dubai’s next phase, the impact of tax & geopolitics, and how developers are catering to an increasingly discerning clientele.
Treasury eyes £1.5mn mansion tax threshold as Budget rumours gather pace
UPDATED: Reports suggest Treasury is considering widening the HVCTS net, potentially hitting nearly 300,000 homes.
Rare 1740 Soho townhouse seeks new owner
Boutique agency brings 3,400 sq ft slice of old London to market.
LATEST ARTICLES
From Kensington to Hartlepool: Mapping the mansion tax
Mooted £1.5mn threshold would triple the number of England & Wales homes in the valuation ‘grey area’, from 73,600 to 222,800, reports Knight Frank.
Conran and Partners acquired by US design giant DLR Group
The luxury architecture and interiors studio will retain its name and leadership team as DLR establishes its first European base.
Italy’s prime property market surges as flat tax draws global wealth
Knight Frank’s Italian transactions are up 140% this year, with more than 60% of international prime enquiries 'driven primarily by tax considerations.'
Green light for resi transformation of National Crime Agency base
London Square and CLS get the nod for 529-home overhaul of SW London site.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes