Format: News
The Spread of Prime London: A £2,000 psf wave
Prime London is spreading at a rate of 125 metres per year, with the traditional £1,000 psf prime benchmark value being usurped by a new wave of £2,000 psf properties, according to a new report by CBRE.
Navy Deal Sealed: Finchatton and Abu Dhabi complete on £250m Grosvenor Square
**UPDATE: Finchatton and the Abu Dhabi Investment Corporation have now completed on the £250m purchase of 20 Grosvenor Square. **
Is there a property lending boom ahead?
Savills has been asking this very question to lenders today as part of the firm's 25th annual financing property presentation. In short, no.
Hey Big Earner: £1m+ salaries on the rise
The number of British taxpayers earning more than a million pounds a year has almost doubled over the last 24 months, according to new stats from HMRC, while the number of UK ultra-high net worth (UHNW) households…
CPC rolls into retail finance
Christian Candy’s CPC Group is expanding its Omni Capital financial services brand into the retail sector, acquiring point-of-sale credit facilities provider Logical Finance.
PCL sales prices carry on up as rental market shows life
Prime central London house prices are now 58% above their 2009 low, having risen by 7.2% over the last 12 months, according to the latest from Knight Frank.
Fashion Houses: Tudorvale launches luxury brand themed penthouses in Tech City
London property developer Tudorvale is launching two fashion-brand themed "uberprime" penthouses in its flagship Bezier scheme on City Road, EC1.
Number of discounted prime properties falls to lowest level in three years
The proportion of price-reduced £1m+ properties has fallen from 27% to 18% over the last 12 months, the lowest its been since the Summer of 2010, according to Primelocation.
New £250m office-to-resi scheme on London’s South Bank?
A prominent building on the South Bank could be about to undergo a blockbusting office-to-resi makeover.
According to reports out today, Singapore-based Ho Bee Investments Ltd.
UK property over-priced by 31% – OECD
House prices in the UK are 31% too high in relation to rents and over-priced by 21% compared to incomes, according to research by the OECD.
The Law Review: Judicial reviews, squatters, office-to-resi and social media
Mishcon de Reya's Real Estate team gives the skinny on the latest machinations in property law, including office-to-resi permitted development rights, changes to the judicial review system, squatters,…
Candy wins office-to-resi approval in Westminster
Christian Candy's CPC Group has got the nod for a 31-unit residential development at 26 Chapter Street, SW1.