Format: News
Fairway’s resi fund snaps up £70m-worth of PCL property from Grosvenor, as blue chip investors look for a safe haven
"In macro-economic terms, Covid is just about as bad as it gets," says Leconfield and Fairway Capital founder George Brooksbank.
Covid-19’s impact on global property markets ‘will likely be less than in the global financial crisis’
"A full house price crash [is] a distinct possibility," warns Oxford Economics as it assesses the potential fallout of the Covid-19 pandemic on global markets.
Northacre chalks up a £7m sale at The Broadway, noting ‘marked growth in interest from increasingly focused buyers’
"The last few months have seen a marked growth in interest from increasingly focused buyers," says the luxury property developer's sales chief, as he reports "another landmark sale" in Westminster.
Berkeley appoints Barker as temporary chairman
Former PWC man Glyn Barker to lead the FTSE 100 housebuilder for ‘up to two years’ as the search begins for Tony Pidgley's long-term successor.
Knight Frank to cut staff numbers amid ‘extreme circumstances’
Tough decisions are being made to futureproof the business, says chairman Alistair Elliott
Caudwell reports ‘robust’ sales on the Côte d’Azur
Developer has found buyers for 13 of the apartments at Parc du Cap in 2020 so far, with outside space proving the clincher for most...
Bold & Reeves moves into the USA with LA partnership
Los Angeles-based luxury estate manager Mister Peele has licensed Bold & Reeves' proprietary property management software platform.
‘A value gap has enabled a recovery in buyer demand across countryside locations’ – Savills
England's prime regions "remain price sensitive" despite a surge of demand and activity in the aftermath of the first Covid-19 lockdown.
Interest in other countries ‘plummets’ as Hong Kong buyers hone in on UK market
Applications for British passports have 'skyrocketed' since the UK’s announcement of a path to citizenship, according to immigration specialists...
International buyer splashes nearly £13m on two Chelsea Waterfront apartments
Blockbuster deal involved two of the biggest units at CK Asset Holding's top-end Thames-side scheme...
Details of next year’s non-resident SDLT surcharge published
The 2% foreign buyer levy "may help to control house price inflation, by leading to a reduction in residential property purchases by non-UK residents," suggests HM Treasury.