Gove threatens to block 11 housebuilders who missed the developer remediation contract deadline
The majority of big-league residential property developers have agreed to Michael Gove's terms, but 11 missed the deadline to sign the government's building safety remediation contract - and 'will be prohibited from carrying out major development or from receiving building control approval' until they sign on the line.
Slovakia’s JTRE snaps up PCL developer Sons & Co; secures £177m loan for South Bank scheme
JTRE has agreed a hefty construction loan on its £400m Triptych Bankside project next to Tate Modern, and acquired the well-known boutique development firm Sons & Co
By PrimeResi
High Street Group picks up Knightsbridge penthouse developer
Newcastle-based property firm looks to capitalise on changing planning rules, acquiring modular specialist First Penthouse in a 'multi-million pound' deal
By PrimeResi
Bumper profits continue for big-league housebuilders
Following on from Redrow's impressive 21% leap, the UK's biggest player, Barratt Developments, reports a 9.2% jump in pre-tax profit;
By PrimeResi
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Knight Frank boosts super-prime lettings team after bumper year
Agency adds to its SW London & Home Counties operation as top-end rental activity bucks wider market slowdown.
Interview: Charlie Gibson & Tas Basran of OB Private on scaling up, the brokerage shift & breaking down corporate barriers
New leadership structure, a fast-growing brokerage arm and deals flowing: inside the Mayfair-based property firm’s next phase.
Knight Frank names new UK Managing Partner
The property consultancy's Head of Commercial will step up to lead the UK business when Stephen Clifton retires next year.
By PrimeResi
PCL schemes under close watch as questions mount over high-profile contractor
The future delivery of several luxury developments is under scrutiny.
Buyer lands luxury Finchatton project in Hampshire
Top-end developer behind some of PCL's best-known schemes chalks up another country house success.
The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
By PrimeResi
Standout Georgian house in Richmond trades in benchmark deal
Off-market transaction is the SW London neighbourhood's highest-value sale so far this year.
One month on: How the Renters’ Rights Act is already reshaping Prime London
From landlords repricing above key thresholds to tenants adjusting budgets and buyers shying away from tenanted stock, Yasmin Ulhaq reports on the market's first responses to the new regime.
By Yasmin Ulhaq
Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
Masterplan revealed for major central London hospital site development
King's Cross Group & Argent have unveiled a fresh £500mn proposal for the St Pancras Hospital site, featuring more than 180 new homes.
By PrimeResi
LATEST ARTICLES
Industry Reactions: Official data shows surge in house price growth
'Homeowners breaking out the champagne in response to the apparently dizzying jump in house price growth should put it back on ice,' says one buying agency boss.
By PrimeResi
Resi sales launch at long-running Avenue Road scheme
London developer announces its first project in the capital since being acquired by UAE-based Arada.
By PrimeResi
Salboy launches fourth central London scheme
Studio Power has designed the ten-apartment scheme in Camden for Salboy & Forge Homes.
By PrimeResi
Seller expectations still out of step with buyer budgets, says Strutt & Parker
Agency's analysis of five years of £1mn-plus sales data shows why realistic pricing matters more than ever.
RICS warns of ‘stranding risk’ for property assets in new sustainability guidance
Sustainability is now a 'cross-cutting responsibility' for all surveyors, says the RICS, as it embeds climate risks into valuation advice.
By PrimeResi