Format: News
9% jump in London properties owned by offshore firms
The number of London properties owned by offshore companies has risen by 9% over the last ten months, according to Land Registry data mined by The Guardian.
New Finance Chief for Foxtons Group
Foxtons Group plc has recruited a new CFO to help the business' "growth and further expansion".
Mark Berry will start as Chief Financial Officer on 7 November 2016, and will become a member of the Board.
Bouygues Development rebrands as Linkcity
Bouygues group's UK property development arm - formerly Bouygues Development - has been rebranded as "Linkcity", with a new focus on the PRS sector.
Housebuilding starts and completions slip 9%
The number of new housebuilding starts in Q1 was 9% lower than in the same period a year earlier, according to the latest numbers from the Office of National Statistics.
Green light for £400m Kingston scheme
A £400m scheme to redevelop a sizeable chunk of Kingston town centre has been given the thumbs up by planners.
McGee awarded demolition contract for Lodha UK’s 1 Grosvenor Square
London-based contractor McGee has bagged the £7.4m contract for the demolition of the former Canadian High Commission building at 1 Grosvenor Square.
Long-established Hampshire agency sold out of administration
One of Hampshire's oldest estate agencies has been sold out of administration, saving all 32 jobs.
Pair of unmod Lancaster Gate mansions up for £35m
Two giant Grade II listed period buildings at the eastern end of Lancaster Gate have been listed for sale after languishing vacant for nearly a decade.
Archant and Zoopla ink content deal
Zoopla has signed a year-long partnership with regional publisher Archant to ramp up its editorial content.
Savills IM boosts management team
Savills Investment Management has hired a raft of senior talent to drive its international expansion plans.
Two regional CEOs have been brought on board;
Government moots seven-day mortgage switching
The government has mooted a plan to make switching all kinds of consumer services - including mortgage lenders - a lot quicker and easier for homeowners.
The Billionaires’ Shadow: How global ultra-wealth affects prime London property prices
London, as we know, is a popular playground/investment bureau for the world's billionaires, and residential property is the go-to asset for the mega-rich.