Format: News
Prime London house prices now 55% above 2009 market low
The average price of prime central London property increased by 0.9% in February, the highest rate in ten months.
London drives strong investor returns as UK resi portfolios deliver 8.9%
Residential investment continues to outperform inflation and commercial real estate, according to the latest IPD UK Annual Residential Property Index, with returns from portfolios in the private rented…
ABC launches unlimited resi bridge loan
Short-term commercial lending specialist Alternative Bridging Corporation (ABC) is going big on the residential market, launching a new bridging loan product targeting prime resi projects.
Berkeley Group opens first Singapore office
UK property giant Berkeley Group today opened its corporate office in the heart of Singapore’s new central business distrct – a plush space that includes a new 3,175 sq ft marketing suite at Marina…
Jones Lang LaSalle wins Manchester Skyline gig
Jones Lang LaSalle has bagged the instruction to sell Skyline Central 2, an award winning prime residential development by Wheatley Properties on the fringe of Manchester’s northern quarter.
Equestrian specialist joins Penyards
Penyards Country Properties in Burley has recruited a new equestrian specialist to advise on horsey homes in Hampshire.
Bankers’ bonuses capped at one year’s salary
The EU has provisionally agreed - after many moons of wrangling and staunch opposition from George Osborne - to limit bankers' bonuses to one year's salary, or two years' if there is explicit approval…
Earl’s Court scheme leads strong year-end performance for Capco
London property titan Capco has released 2012 year-end results, and they're pretty strong.
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.