Format: News
UK property sector ‘centuries behind the US’, says ambitious London firm
Fitzrovia-based Montague Property is looking to make inroads into LA's luxury real estate market
Borrower secures £7.5m to refurb Belgravia mega-mansion
Property lender Century Capital overcomes market challenges to complete three chunky financing deals, involving a £30m renovation project in Belgravia, a £40m resi scheme in Kings Cross, and a £2m Chelsea…
Significant wealth tax hikes ‘should now be very firmly on the UK policy agenda’
"Low-hanging" wealth & property taxes could rise to cover Covid-19 costs, suggests a political economist Professor Richard Murphy.
Lettings market still moving says major London agency
Chestertons has agreed nearly 200 new tenancies and brought over 800 properties to market since the lockdown began
Dubai looks to delay Expo 2020
The Bureau International des Expositions has provisionally agreed to postpone the Expo 2020 event - which many in Dubai's property world hopes would drive a market recovery - to 2021.
Patrizia recruits UBS real estate boss as co-CEO
Thomas Wels has joined the European property investment giant, working alongside CEO Wolfgang Egger.
Historic England launches £2m emergency fund for hard-hit heritage specialists
The UK's heritage body extends a 'safety net' to small-scale operators affected by the pandemic
UK’s ‘frozen’ mortgage market begins to thaw
Lenders are raising LTVs, embracing desktop valuations and hunting for business, notes Knight Frank
Yoo Capital raises £200m for UK property fund
'YCFII will enable Yoo Capital to bring further substantial capital to key projects in central London and other major cities', says Yoo Group chairman John Hitchcox
Smallbone owner Lux Group snaps up another top-end London furniture firm
New York super-prime property developer Gary Barnett's Lux Group Holdings has picked up another luxury furniture brand in the UK, acquiring Christopher Peacock (London) Ltd.
Average property prices dipped in February – UK HPI
London prices climbed by 2.3% over the year to March - the biggest annual increase of any English region.
Virus fallout ‘will put significant pressure on supply chains’ but could quell rising construction costs
"When we come out of this, we may well end up working differently, and many [building] companies where they are able will look to significantly shorten supply lines," says Knight Frank.