Format: News
Countrywide backers offload £200m-worth of shares
Private equity backers Oaktree and Apollo offloaded some £200m-worth of shares in estate agency behemoth Countrywide yesterday, in an attempt to cash in on "alot" of demand.
Prime buyers back with intent after a year of window shopping – Chesterton Humberts
Sales of £1m+ houses in London rocketed by 31% in Q2 of this year, according to the latest from Chesterton Humberts, as the agency revises its house price forecasts to a +8.2% for the year.
RICS names new Chair of UK & Ireland Board
The Royal Institution of Chartered Surveyors has appointed the new Chair of its UK & Ireland World Regional Board.
Allsopp wants buyers for new Ch4 show
Crafty homes maven Kirstie Allsopp is looking for property buyers for her brand new Channel 4 property show.
LCP re-opens apartment fund
"Significant investor demand" has prompted London Central Portfolio to open up the doors again to its Sharia-compliant London Central Apartments fund.
New news & content ed for ZPG
Former Telegraph journo Myra Butterworth is joining Zoopla and Primelocation as News and Content Editor on the 2nd September.
McCloud goes crowdfunding; raises £1m for property development firm
Telly presenter-turned-developer Kevin McCloud has harnessed the power of the internet to raise a cool £1m and grow his Bristol-based property firm.
60% of London’s homes now sold off-plan – CBRE
Pre-completion sales across the capital have reached record levels, according to CBRE, with three in five homes now sold before they are built.
Buyers return to the market at fastest rate since 2009 – RICS
Although by no means the biggest data pool - the latest had just 315 contributors - the RICS Residential Market Survey carries more weight than most sentiment surveys.
Quick Buck: Bridging loans on the rise in Q2
Greater choice and increasingly competitive rates drove a chunky 16.9% hike in the number of borrowers taking out bridging loans in Q2, according to the Association of Short Term Lenders.
Move Along: Traveller sites given marching orders
Eric Pickles has told local councils that they should clamp down quickly on illegal encampments and unauthorised traveller sites, as he announced a new set of guidelines that gives "more power and a stronger…
Shrewd property investors reap 2,200% returns over 18 years
New stats from Savills show that a property investor could, if they picked the right areas, have turned £1m into £23m over the last 18 years.