Format: News
Cordea Savills raises £25m for prime resi developments
Property fund managers Cordea Savills have announced the first close of their Prime London Residential Development Fund, after a major global private bank provided £25 million of initial equity.
Foxtons go for the big picture with new website
Foxtons have gone for a very visual overhaul of their website, focusing heavily on photography and tailoring the site for a top-notch experience on mobile devices.
Nearly 250,000 property millionaires in UK
The annual Rich List from Zoopla.co.uk claims 245,790 Britons are property millionaires, up 12 per cent on 2011.
PCL properties could “run out” in 15 years
The number of prime central London (PCL) properties changing hands has dropped by nearly 60 per cent over the last 12 years, prompting London Central Portfolio (LCP) to claim that stock could "dry up"…
The rich are getting poorer
The total wealth of the world's wealthiest fell by 1.7 per cent in 2011 - the first drop since 2008 - whilst the total number of HNWs (individuals with over $1m investable) rose by 0.
Naomi Watts moving to Kensington for Princess Diana role
Naomi Watts is planning to move to Kensington to prepare for her upcoming role as Princess Diana in Oliver Hirschbiegel's forthcoming film.
Prime to grow by six per cent in 2012
CBRE have today predicted that prime central London residential house prices will grow by six per cent this year.
Mark Hayward appointed as new NAEA President
New President of the NAEA, Mark Hayward, certainly has the experience and credentials to fill such a key role in the industry and will relish this opportunity to confront the Government on recent stamp…
Slow demand causes PCL rent drop
April's glimmer of hope for the PCL rental market was snuffed by a 0.3 per cent drop in rents in May, according to Knight Frank's latest Prime Central London Rental Index.
Tchenguiz fraud case collapses
The Serious Fraud Office (SFO) has dropped its investigation into Vincent Tchenguiz, cancelling his bail and conceding that it "made errors".
Standard cuts out lettings agents
Homes & Property, the property arm of the Evening Standard, has launched an online portal for private rentals in the capital.
Stop the heritage tax: open letter to Osborne
Fifteen heritage organisations, including The Listed Property Owners Club, the Historic Houses Association and the Federation of Master Builders, have penned an open letter to the Chancellor as part of…