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 ...
By PrimeResi
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.
By PrimeResi
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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Regent’s Park’s ‘White House’ reportedly set to resell at £190mn
The deal would represent a significant uplift in The Holme's value since 2024.
By PrimeResi
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.
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
In Pictures: Caudwell unveils €29m Riviera trophy home with Windsor links
Marquee residence at Le Provençal is the region's biggest new listing this spring, says developer.
Dexters buys another London estate agency
Fraser & Co operates four branches in London and an outpost in Hong Kong.
By PrimeResi
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.
Forecasts Recast: Influential analysts downgrade prime property prospects as outlook darkens
Knight Frank, JLL, Savills and Strutt & Parker have all cut house price forecasts in the last few weeks. PrimeResi checks where the market stands as we head into H2.
By PrimeResi
‘Everyone is running twice as hard’: Guy Meacock on a ‘confused’ Prime London market
The context of what is normal no longer applies, says director of buying agency Prime Purchase.
By Guy Meacock
KFH hires ex-Foxtons director for senior lettings role
Suzi Robertson was previously Foxtons' first female front office director.
UAE developer puts down roots in Prime Central London
Dubai-based operator opens Knightsbridge office as Gulf property groups continue to make moves in the capital.
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