Format: News
Grosvenor prepares for ‘inevitable’ market correction
Grosvenor has reported a 22% fall in pre-tax profits in its latest set of results.
Profit before tax of £527m was recorded by the Duke of Westminster's property group, down from 2014's £681.
Super-prime lettings deals double
New figures have shown a massive rise in the number of lettings deals on properties worth £10m or more.
The ‘last castle in Scotland’ returns to the market
Not for the faint of heart, a magnificent Highlands manse thought to be the last castle built in Scotland has come back on to the market after an abortive attempt to turn it into a luxury hotel.
LCP brings in Triangle chief to bolster board
Investment firm London Central Portfolio has brought in a new face to its holding company's Board of Directors.
House prices have risen by 1,751% since the last European Referendum
Residential property prices in Britain have gone up a bit since we last voted on the European question back in 1975.
Is this the magic equation for ‘correctly’ valuing a property?
No, because everyone knows that doesn't exist. A buying agency has had a pretty good stab at it though.
Deloitte offloads real estate divisions to Savills, Knight Frank and Gerald Eve
Deloitte Real Estate has sold off its agency, lease advisory and asset & property management teams to Savills, Knight Frank and Gerald Eve in a deal that sees around 13% of the firm's staff - 89 people…
Planning nod for major new Paddington scheme
Westminster Council has green-lighted Berkeley Group's plans to transform West End Green.
The developer bagged the long-term vacant 2.
Rare prime Highgate development site up for sale
Nearly an acre of prime Highgate has just hit the market with planning for a seven-house scheme.
Ten-bed Phillimore mansion up for £36m
One of the biggest open-market instructions of the year has launched on Kensington's ultra-prime Upper Phillimore Gardens.
Planning nod for mass roof extension scheme in Ladbroke Grove
Eighteen residents of Ruston Mews in W11 have been given the go-ahead to carry out a joint roof extension after winning an appeal.
Solicitors found liable in £500k property fraud case
A highly significant - and frankly terrifying - case has just been decided in the High Court, leaving some conveyancing solicitors liable for a half-a-million pound property scam.