Format: News
Another new hire for ‘buoyant’ LCP
Investment firm London Central Portfolio seems to be going big this year, hiring a third new recruit in just a few weeks and promoting another.
There are 83 estate agents in the average London borough; 179 in Westminster
There are at least 179 estate agency branches in the City of Westminster alone, with 2,600 vying for business across the capital.
Labour pledges to scrap non-dom tax status; could ‘disable the luxury housing market’
Labour has pledged to abolish non-domicile tax status if it wins the general election next month.
Top Candy man leaves to set up own £150m development business
Candy & Candy director Simon Stone has left the hyper-prime firm to set up his own development and asset management business, Stone Real Estate.
Sugar Quay, one of Stone's projects
Final approval for Mount Pleasant scheme
One of the most controversial projects in the capital - the proposed transformation of a massive Royal Mail site in Clerkenwell - has bagged final approval.
Shopping Around: Waitrose’ 12% house price premium (and Aldi’s 3% discount)
A local Waitrose adds 12% to neighbouring house prices, claims Lloyds, while a handy Sainsbury's is worth an extra 10%. Lidl and Aldi, on the other hand, apparently push prices down by 2% and 3% respectively.
Chinese buyer splashes $70m in NYC’s biggest sale of 2015 so far
An unnamed Chinese buyer has shelled out $70m for an apartment at the Sherry Netherland building in New York. It's thought to be the highest price paid in the city so far this year.
Countrywide still on the prowl after buying four lettings businesses in Q1
Countrywide plc, the UK’s biggest integrated property services group, has been on a buying spree in the first few months of this year, acquiring another four lettings businesses in Q1 to "significantly…
Engel & Völkers to recruit 2,000 new agents
German behemoth Engel & Völkers has announced a plan to hire 2,000 new real estate agents in a giant global recruitment drive.
Green Party pledges to cut VAT on housing repairs
The Green Party has offered up one of the property industry's most-demanded policy changes: a cut to VAT on housing repairs and renovations.
Crown Estate creates new Head of Central London role
The Crown Estate has appointed a new Deputy Head of Urban & Head of Central London.
Audley Cue: Mayfair car park poised for super-prime transformation
New plans have been submitted to turn a grotty Mayfair car park into a 200,000 square foot neo-classical scheme. It's already being tipped to become "London's most exclusive address".