Format: News
Middle Eastern investment firm spends c.£50mn on trio of London resi blocks
Rasmala's acquisitions have included a boutique apartment scheme in London's legal district.
Prime London Property Market Snapshot: Week 41, 2023
Market metrics continue to point to a slowing market, with 18% fewer sales agreed in prime London so far this year compared to last, and 26% fewer than in 2021.
Knight Frank warns of redundancies across UK business
Up to 3% of Knight Frank's UK work force are 'at risk', as the high-profile property consultancy considers downsizing.
Kensington proves the hot ticket for wealthy Americans, as buyers hit decade-long high
US purchasers are now behind one in ten exchanges in W8, reports Knight Frank.
Prime London’s sales pipeline shrinks as demand drops off
The number of properties going under offer last month was down by over a quarter on last year's levels, which 'could impact on the outlook for the last three months of the year', warns LonRes.
Rising activity in London’s £5mn+ market driven by demand for ‘world-class’ apartments
Savills flags "remarkable resilience" at the top-end of the London property market, driven by demand for luxury flats rather than houses.
90% of listed property owners have cancelled or postponed repairs because of the ‘VAT barrier’, claim campaigners
The current listed building regime 'is not fit for purpose', warns the Listed Property Owners’ Club.
Average prices still sliding across England & Wales, but pent-up demand ‘could be released in the coming months’ – new analysis
Market momentum could gather when interest rates begin to fall, suggests Acadata.
Irwin Mitchell bolsters real estate disputes team
William Scott has joined the national law firm's property division from Bates Wells.
Boutique super-prime agency Rokstone confirms merger with UK Sotheby’s International Realty
Heavily-tipped tie-up between two of the biggest names in luxury property is a 'fundamental shake-up for the industry'.
Property AI start-up raises £2.3mn; promises ‘a paradigm shift for real estate’
Fifth Dimension AI was co-founded by former Countrywide research chief Johnny Morris, and is already being used by ten property firms including up-market estate agency Hamptons.
Rightmove reports lowest October asking price increase since 2008
Estate agents are telling the property portal that the sales market is 'the most price-sensitive ever'.