Format: News

Alchemy Partners has offloaded its 2.73% stake in Countrywide to Connells, having previously pitched itself as a rival bidder for control of the business.

Double-width corker on the Pitt Estate was asking £19.75m and came with a Japanese plunge pool.

Grosvenor Estate alumnus Mark Tredwell has joined luxury property developer REDD as Head of Development, as the firm looks to raise £200m to expand its prime resi pipeline.

'Exciting and unique' redevelopment of the Grade-II listed former Richmond Royal Hospital will deliver 56 high-end apartments.

The Prime London lettings market had a much busier end to the year than many expected, reports LonRes, but supply levels are still running very high...

Countrywide will hold a Special AGM next month to vote on the proposed Connells takeover.

Hybrid/online estate agencies' market share of UK property exchanges remained at 8% in 2020, despite a 10% increase in the proportion of new instructions from 2019.

The average price paid in Prime Central London has fallen by 10% since the start of the Covid-19 pandemic - but some enclaves have seen dramatic prices rise.

Freehold terrace on Huntsworth Mews has been put up for sale for the first time in 60 years.

"The volume of households moving through the homemover funnel" has reached "unparalleled levels", says research firm Twenty Ci.

Surprisingly high prime sales volumes are "a clear demonstration of confidence in London as a leading world city," says Savills.

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