Format: News
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.
Fitzroy Place penthouse pitched at £12.5m
4,500 square foot spread is one of W1’s finest, say agents.
Westminster defers Cundy Street decision
Westminster Council has deferred making a decision on Grosvenor's controversial redevelopment of the "Cundy Street Quarter" in Belgravia.
‘Million Dollar Listing’ brokerage moves into Portugal
Nest Seekers plans to bring its brand of "American-style glamour" to the European property market.
Heatmapped: House prices soar in south west hotspots
Bath, Bournemouth, Bristol, Cornwall, Gloucestershire and Wiltshire have all been flying, with annual inflation running at over 15%, while parts of London have slipped into negative territory...
Lincoln Square penthouse goes for £12m
Knight Frank has managed to do £30m-worth of sales at Lodha UK's Lincoln Square scheme in WC2 in the last year, including a super-prime penthouse deal.