Format: News
Hong Kong apartment breaks Asia price record
Five-bed unit at CK Asset Holdings’ 21 Borrett Road reportedly changes at HK$459.4m (US$59.3m), setting a new per square foot benchmark of HK$136,000.
Houses outperform flats as Prime London market stays strong
Houses in the £2m to £5m range have been significantly outperforming the rest of the market, reports LonRes...
National Trust lambasts PDR planning reforms, warning of ‘stagnant and characterless’ towns & villages
Europe's biggest conservation charity "believes that the scale and pace of planning reform in England is increasingly becoming a cause for real concern."
Chestertons moves into Morocco
Agency makes its first foray into the African market via a new tie-up in Rabat.
‘Extremely focused’ buyers see no need for a second viewing
The proportion of UK properties sold after a single viewing rose from 17.8% in 2019 to 28.1% last year, reports Knight Frank.
High-end sales soar in Manhattan
Last week's tally of 38 contracts signed above $4m was ‘spectacular by any standard’, says Olshan Realty
Mace names new construction COO
Andrew Jackson is stepping up to COO as Andrew Castle (pictured) moves to a Non Exec role at the construction firm.
One in five HNWIs have been turned down for a mortgage
Around 18% of High Net Worth Individuals have been turned down for a mortgage in the last decade, reports Butterfield - 6% more than at this time last year.
UK house prices rose by 8.5% in 2020 – the highest rate since 2014
The latest official UK House Price Index tells of significant property price inflation last year, despite Brexit and the pandemic.
Propertymark CEO Balcon steps down after just five months
Tim Balcon has resigned industry body Propertymark, having only been CEO since September.
The total value of property sales tumbled by 38% last year
£171.7bn-worth of homes were sold across England & Wales in 2020, down from £277.5bn in 2019.
Galliard gets to work on £140m West End scheme
Construction starts on resi-led TCRW Soho project after developer completes legal purchase from TfL.