Format: News
Resi is “no longer commercial property’s poor relation” as fund flies
London Central Portfolio is cashing in on prime London's property market performance, selling out its third fund in just three weeks.
Hot August for W.A.Ellis
The traditional August lull didn't happen for W.A.Ellis, with a "stronger than expected" sales market and lettings enquiries up 50% on July's levels, driven by wealthy students.
Downsizing tops Rightmove’s reasons to sell
Rightmove has quizzed 4,000 people who plan to sell their property within the next year to get a feel for their motivations...
The portal asked:
Core Market: Investor snaps up Apple Apartments scheme for £10.2m
A Middle Eastern buy-to-let investor has snapped up the entire Apple Apartments development at 94 Baker Street in one fell swoop.
Knight Frank strengthens super-prime development team
Knight Frank has scored a major coup by hiring former Sotheby's man Peter Bevan to enrich its super-prime new homes team.
Peter Bevan
Mansion Facts: Here’s why a £2m+ home tax wouldn’t work
Taxing mansions has been the talk of the town for four years now, but August was a bit quiet on the Mansion Tax front.
Berkeley buys QVC building for £105m
Berkeley Group has bought QVC's old offices, Marco Polo House, in Battersea for £105m, outgunning Killian Hurley's Mount Anvil bid for the site, which has planning permission for 456 luxury residential…
Alchemi bags Victoria office-to-resi scheme
Resi developers Alchemi Group has exchanged on the Dept. for Transport's 180,000 sq ft office Great Minster House North in Victoria for a reported £99.9m.
Resi takes the lead for Jones Lang
Jones Lang LaSalle's chief Guy Grainger gave a fascinating interview to The Telegraph at the weekend, in which he revealed big plans for the residential side of the business.
Tax ultimatum for second home owners
HMRC has laid down an ultimatum to second home owners who haven't paid their Capital Gains Tax yet; come forward by the end of the week or we'll come and find you.
Jones Lang LaSalle bolsters Middle East resi team
Jones Lang LaSalle has strengthened its resi capability in the Middle East with the appointment of Will McKintosh as Director.
Housebuilding levels up by a third
This year's Q2 saw about 30% more housing registrations that the same period last year, with July up 19% on the year, according to the National House Building Council.