Format: News
BoE bumps base rate up to 1.25%
Britain's central bank hikes interest rates again in a bid to curb inflation.
Mapping the migration of the world’s millionaires
High Net Worth Individuals are back on the move, suggests Henley Global; here's which countries they're mostly moving from, and where they're moving to (map via visualcapitalist.com)...
Lichfields recruits Planning Director in London
Ben Simpson has joined 60-year-old planning consultancy Lichfields as Planning Director.
Rental reform white paper promises a ‘new deal’ for tenants
A sweeping set of changes to the private rented sector "marks a generational shift that will redress the balance between landlords and 4.
US luxury property market ‘coming back to earth’
Sales of high-end homes plummeted by nearly 18% during the three months to the end of April, the largest drop since the onset of the coronavirus pandemic
Buyers splash £65mn at Savills resi auction
Agency's auction arm chalks up new record at 'buzzy' sale; rare resi development opp in Hampstead picked up pre-auction for 'significantly above' its £5mn guide
John D Wood upsizes in Chiswick
Agency looks to bolster its presence in the W4 area with a prominent corner spot on Turnham Green Terrace
Dexters reports surging revenue & profit as London market bounces back
‘Large increase in deals’ delivers a 32% jump in revenue and a 75% leap in operating profit for the 70-branch firm
Savills adds Gulf specialist to Private Office team
Bahrain-based Harry Goodson-Wickes, head of Savills Northern Gulf, has taken on an additional role as director in the Private Office.
Green light for ‘lux-loft’ office-to-resi development in Wapping
The Malins Group is bringing forward a £14.5mn GDV mixed-use scheme in Wapping.
Coastal competition cools as city property markets heat up
Buyer and tenant demand is still running very high in many seaside locations, but Rightmove points to a marked slow-down from the frantic activity of 2020 and 2021.
Knight Frank promotes 201
Agency announces largest round of promotions in its recent history, after emerging from the challenges of the last two years 'in really good shape'