Format: News
Interior designer sued for £20k over ‘lifeless’ curtains
One of Scotland's richest men has reportedly launched a £20k civil action over his new curtains, brilliantly claiming that they 'fell short' of the standards promised by his interior designer firm.
Strutt & Parker sponsors exhibition of rare Victorian masterpieces
Thanks to an exclusive partnership with Christie's, Strutt & Parker has some serious cultural credentials these days.
Labour outlines plans to sell off one of London’s grandest residences
Labour's Zero-Based Review of spending – "a root and branch review of every pound the government spends from the bottom up" – has thrown up the chance of some major trophy development opportunities hitting…
The Return of the Russians: Super-prime deals soar as vendors cut prices
"The Russians are back" in London and there's some "serious interest" from mainland Chinese buyers says Knight Frank, as it reports a 92% increase in the number of super-prime £10m+ deals compared to…
Cooking Apple: New York super-prime sales up 120%
As median home prices across the US finally return to the kind of levels last seen in 2004, sales of New York's multimillion dollar resi properties have rocketed.
Galliard and Cain Hoy’s £1bn JV creates London’s biggest house builder
An agreement between privately-owned developer Galliard Homes and new US private investment firm Cain Hoy Enterprises is set to create London's largest house builder, with a £3.4bn portfolio.
BIID moves East
The British Institute of Interior Design (BIID) has moved its main office from the Design Centre, Chelsea Harbour to Bonhill Street, between Clerkenwell and Shoreditch.
The new address is:
Midtown sales spike as buyers look beyond London’s golden postcodes
CBRE has reported 60% spike in sales in Q3 this year compared to last in Midtown - twixt Mayfair and the City - as buyers look beyond Mayfair and Knightsbridge.
Only 24% of vendors visit an agent’s offices before getting a valuation
Some interesting - if unsurprising - insights into how homeowners source and sell properties from Peter Knight's Property Academy / 4i newsletter...
Resi developer nails £57m Battersea acquisition
Fifth Capital London has reportedly landed a two-acre swathe of Battersea with designs on a £200m resi scheme.
Homeowner positivity chills out
Homeowners still tend to think that the value of their property is on the up, although "there is a clear shift towards a more moderate view of current and future price growth potential," says Knight Frank.
Chelsea Crossrail station ‘still on track’ as safeguarding plans updated
It looks like the King's Road option, rather than the World's End, is the front-runner for the location of a new Crossrail 2 station in Chelsea.