Format: News
Luxury assets out-perform PCL property, FTSE & Gold – but ‘are not immune to market uncertainty’
Knight Frank's index of expensive things has just posted its weakest annual performance since 2021.
In Pictures: ‘Deceptively spacious’ St John’s Wood villa pitched at £15mn
8,635 sq ft double-fronted affair with leisure complex is a relative newcomer to star-studded Cavendish Avenue.
Speculation around extent of market decline ‘may have been overstated’
The market is showing 'remarkable resilience' in the face of economic headwinds, reports TwentyEA.
Overseas buyer lands trophy £23mn apartment in Kensington
'Exceptional' park-facing unit sold at One Kensington Gardens amid reports of resurgent international interest in PCL property.
‘Spectacular’ country house clause project up for sale in Lincolnshire
Bond-esque creation was designed by Jonathan Hendry Architects in 2021.
Half of homes sold in July had their asking price reduced
Higher mortgage rates "have acted as a wake-up call to sellers who had been on the market for some time, prompting a record share to cut their asking price," says Hamptons.
400,000 UK rental homes ‘lost’ since 2016
CBRE estimates that landlords have sold 126,500 rental properties since 2022, as mortgage rates and other costs have escalated.
Proposed planning change would ‘destroy’ national parks, warn critics
"It is one of the most bonkers examples of environmental destruction I could think of," says the CEO of the Yorkshire Dales national park, as the government seeks view on "giving farmers greater freedom…
Nest Seekers ramps up European coverage
Global real estate brokerage expands its operations in Italy, and debuts in Greece and Croatia, as part of its 'commitment to growth in Europe's premier and emerging luxury markets'.
Unmod Grosvenor Square mega-lateral goes for £16mn
Grand former residence of ‘Bentley Boy’ racing driver Bernard Rubin achieved nearly £4,000 psf.
Plans go in for ‘£1bn’ mixed-use Bankside scheme
New Foster + Partners-designed proposals for 18 Blackfriars Road include two resi buildings delivering over 400 new homes, and an all-new public space called the Rotunda.
In Pictures: Mayfair embassy-turned-trophy home targets £25mn
Former embassy and royal residence on Park Street brought to market with an Art Deco-inspired interior by Casa E Progetti.