Format: News
Cash buyers crash out of the prime central London market
The proportion of cash buyers in prime central London has slumped from 74% in 2011 to 49% in 2012, according to the latest (well-timed) report from Cluttons.
LSL reports 62% fall in pre-tax profits
LSL Property Services, who bought Marsh & Parsons, Davis Tate and Lauristons in 2012, has reported a 62% drop in pre-tax profits for the year ending 2012, down from £17.6m to £6.7m.
Construction facing an “unexpected” skills crisis
An “unexpected” skills crisis is fast developing in the construction sector as the cancellation of graduate trainee programmes at the start of the credit crunch has led to a "severe shortage of professionals…
Architects: optimistic
Private housing is the principle driver of optimism about future workloads amongst architects, according to the latest member survey by the RIBA.
Home win for Abramovich on Cheyne Walk
The Royal Borough has approved Roman Abramovich's £10m plans to renovate his £100m 17th century Chelsea home.
Currency Counts: Big savings for international buyers as London continues to appeal
Winkworth has shrewdly mapped out by exactly how much international buyers are benefiting from Sterling's slide, with Moody's downgrade tipped to stimulate yet more interest in the capital's property market.
New London Awards 2013 open for entries
The New London Awards, billed as recognising the very best in architecture, planning and development in the capital, are now open for entries with the coveted Residential category sponsored by M3 Consulting.
£1m facelift for Belgravia’s Grosvenor Gardens
Grosvenor Gardens in Belgravia is poised to undergo a £1m makeover by London-based developer Oakvest.
US firm snaps up County Homesearch: Rebrands as Dwellworks
Dwellworks, LLC, a US-based relocation and real estate firm, has announced its expansion into the United Kingdom with the acquisition of one of the UK's most established search consultancies, County Homesearch…
Malaysian HNWs to double in three years
Malaysia's HNW community is set to double over the next three years, growing from 32,000 individuals to 68,000 in 2015, according to a report in the New Straits Times.
Office to resi plans could be delayed
New permitted development rights may have to be delayed as many of Britain's biggest cities - including Manchester, Birmingham, Liverpool and most London boroughs - have applied for exemption from plans…
“Young Turk” property advisor of the year shortlist announced
Spear's magazine has unveiled their latest batch of Awards nominees.