Format: News
Brompton Road tube station sold for luxury resi conversion
The abandoned Brompton Road tube station in Knightsbridge has apparently been sold for around £50m to a developer with plans to convert the site into luxury apartments.
Zakay’s Topland moves into the PRS with £11m off-market acquisition
Sol Zakay's Topland Group has made its first foray into the private rented sector (PRS), buying a 24-unit block off-market in Putney for around £11m.
House prices to rise by 5.7% next year as bubble-talk splits opinion – Reuters
House prices will carry on upwards over the next two years, but it's anyone's guess as to whether the Bank of England can "restrain the market if it overheats", according to a poll of 22 top economists…
Winkworth bullish on transaction levels and suburban prices in 2014
Winkworth has revealed what it sees in the property market's tea leaves for next year
“Game changing” Crossrail to add 13% to house prices – CBRE
Europe’s biggest infrastructure project - London's Crossrail - will have a "two-fold" effect on property, opening up new districts and causing house prices along its route to rise by 13% (£60,000) by th…
Battersea Power Station penthouses to go for £25-30m
SP Setia is apparently planning to flog the penthouses at Battersea Power Station for up to £30m.
Stiff competition could spell profit squeeze for London’s prime resi developers
20,158 prime resi units (over £1,250 psf) could be delivered in London over the next ten years, with project activity peaking in 2017 and a combined sales value of over £50bn, according to the latest Lo…
Gazumping and price hikes in South Ken as stock levels plummet
£1.4 billion-worth of residential property has been sold in South Kensington alone this year, according to Winkworth, with international buyers flooding the market "even more so than in previous years".
More properties could be eligible for HS2 compensation – Knight Frank
Knight Frank is advising property owners concerned about the implications of yesterday's HS2 Environmental Statement not to panic
BPF launches Neighbourhood Planning for businesses website
The British Property Federation has set up a website to make it easier for businesses to get involved in the neighbourhood planning process.
Prime country market “comes back to life”
The prime country house market has "come back to life" in 2013, according to Knight Frank, with a 0.8% uplift in Q3 marking the third consecutive quarter of price growth
Super-prime on the rise as London’s £10m+ market blossoms
The last three months have been the best yet for Knight Frank's super-prime team, with more new buyers looking for £10m+ homes than ever before, and the average price of the top-end's top end climbing …