Grosvenor revenue profits halve; GB&I out-performs as European business swings to a loss
Dramatically lower numbers from 2018 to 2019 are "in line with expectations," says Grosvenor Group, and follow "deliberate decision[s] to accelerate UK asset sales pre 2016 and reduce [the] international development pipeline, anticipating [a] low point in the property cycle."
Northacre owner is ‘in discussions with a few’ big-ticket distressed development projects in PCL
"Brexit is fully priced in," says ADFG's CEO Jassim Alseddiqi. "I strongly believe there is pent-up demand in Central London residential that will be coming up very soon ...
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.
Grosvenor aims to triple its strategic land business in five years
'Master Developer' plans to build a portfolio of 'at least 30,000 homes within the next five years'
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Caudwell brings in Dorchester Collection to manage 1 Mayfair
New agreement 'brings together Mayfair’s two most prestigious luxury destinations,' declares ultra-prime property developer.
Agency reports rapid-fire £70mn sales run in Notting Hill
After a subdued start to the year, domestic buyers have sprung into action in W11, says Strutt & Parker's local team.
Interview: Inside the prime country house market with Knight Frank’s Oliver Rodbourne & Peter Edwards
As new wealth reshapes demand in high-end property markets from the Cotswolds to the Channel Islands, Knight Frank’s prime country experts reveal what’s changed - and what hasn’t.
Top-end buyers hit pause as Budget fears stall £5mn+ deals
Transactions at the upper end of the Prime London market were down by over 40% last month, reports LonRes, as the start of the autumn selling season falls flat.
Savills installs new Wimbledon chief
Stewart Harrison was previously Head of Sales for John D Wood in Wandsworth.
Tom Adams: On making unmodernised properties desirable again
Just as buying agents transformed a once vendor-biased marketplace, the prime property industry must now close the knowledge gap around renovation projects, argues RedBook's CEO.
Boutique agency mixes fashion & property at Belgravia open house
A top-end handbag collection was on show at a £10mn listing on Pont Street last week.
Knight Frank teams up with luxury Milan agency
Global property firm strengthens its position in Italy amid growing demand from HNWIs attracted by the flat tax regime and lifestyle appeal.
In Pictures: ‘Breathtaking’ modern Essex country mansion pitched at £9.9mn
Stokes Hall was completed in 2014, featuring 'world class' interior specs.
London’s resi planning rules ‘set to be eased under emergency provisions’
Mayor Sadiq Khan & Housing Minister Steve Reed are said to be discussing a temporary relaxation of regulations in the capital.
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Fine & Country expands into Holland Park
Ben Madden's West London team has taken on the estate agency brand's licence for the affluent area.
‘The opportunity was clear’: Behind Maybourne’s expansion into branded residences
COO reveals how the Claridge's operator plans to integrate luxury hotels, homes, and wellness into a highly personalised 'ecosystem'.
Industry Reactions: Annual house price growth slipped back in August
Many pundits expect the market to slow further as the Autumn Budget approaches.
Prime rental markets hold firm as regulatory changes loom
PCL values post largest quarterly uptick since September 2023; landlords expected to stay cautious as Renters’ Rights Bill nears enactment.
FCA takes over AML supervision
The move will 'ensure more consistent oversight' - including more collaboration with law enforcement.