Format: News
Topland backs £30m project in Mayfair
Sol Zakay's Topland Group has stumped up £12m in acquisition and development finance to an overseas-based HNWI planning a super-prime resi development in Mayfair.
Developer hit with record £700k planning fine
The biggest planning fine in history has reportedly been handed down to a private developer after a six-storey block of flats went up in Hoxton without permission.
Weston Homes’ profits surge 116% as it steps out of the prime market
Housebuilder Weston Homes has announced that its turnover and pre-tax profits reached a ten-year high, with profits jumping by 116% in the last 12 months.
Turnover stands at £138.
‘Shocking’ lack of knowledge about leases is a ‘ticking time bomb’
A law firm has warned of a "shocking" lack of knowledge about how leases work and the consequences of failing to extend, after carrying out a major survey of UK property owners.
(Empty) Miami Beach plot goes for £25m
One of the last undeveloped plots on Miami Beach has just been sold for an incredible $38.5m (£25.3m).
At A Glance: How the micro-markets of London have performed this year
This handy top-line comparison of the capital's key neighbourhoods deserves to be made into some kind of poster.
Galliard scores planning for stadium-led scheme in Wimbledon
Galliard Homes has netted planning permission for a major regeneration scheme in Wimbledon, south west London.
Crown Estate slams £800m of empty homes ‘myth’
The Crown Estate has come out swinging against recent reports that it's sitting on £800m of vacant London sites.
Smallest December asking price dip since 2006
Rightmove's latest monthly check has shown a 1.1% dip in the asking prices of new properties being listed across England & Wales, the lowest December fall seen since 2006.
Councils rally against Bishopsgate Goodsyard proposals
Tower Hamlets and Hackney have dealt Hammerson and Ballymore's controversial Bishopsgate Goodsyard scheme a hefty one-two by simultaneously rejecting the latest proposals.
‘30,000 new-build homes to flood the London market’ as foreign buyers head for the exit
The "large volume" of new-build stock currently flowing onto the off-plan sales market in London could turn into a flood next year, according to Cluttons.
Global Construction Costs Compared: London prices ‘beginning to threaten the viability’ of projects
New York, London and Hong Kong are the most expensive locations for construction in the world, with cost premiums of between 40% and 60% compared with many European cities, and a "severe construction…