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May saw London's prime market settle back to more normal levels after April's sharp price spike, according to the latest figures from the Land Registry.

The Land Registry has recorded a 40% fall in the number of £2m plus sales, compared with same period in 2011. Only 124 sales were recorded in March, from 205 the previous year.

Q2 saw a 1.5 per cent drop in prime country house prices. following a 0.2 per cent fall in Q1, according to Knight Frank.

Prime residential property prices in London have risen by just six per cent over the last 12 months - the lowest annual rise since 2009 - with Q2 this year delivering an average rise of 0.

Chesterton Humberts has reported a healthy start to 2012 for the prime Central London lettings market, with residential rents in the first quarter of 2012 rising by 9.

Mischon de Reya have been named Law Firm of the Year and Real Estate Team of the Year at The Lawyer Awards 2012. The judges at the influential magazine's annual bash said;

Berkeley Group has reported a 58 per cent rise in full-year profits. According to the Cobham-based homebuilder, pretax profits rose to £214.8m, up from £136.2m a year earlier.

Savills and Barclays have come to a settlement over a major mortgage fraud case just days before it was due in the High Court.

Chichester-based estate agent and chartered surveyors Henry Adams have bought Cluttons' Southern counties planning business and Chichester office.

British Land and The Daily Mail General Trust have announced the conditional sale of DMGT’s 14.5 acre Harmsworth Quays printing works site at Canada Water in South East London to British Land.

The consultant Turner & Townsend has reportedly beaten off stiff competition to be named project manager of the proposed £250m Grosvenor Place scheme in Belgravia. Subject to planning, the 1.

In this week's interiors briefing, Anna Bastiaenen investigates the continuing appetite for industrial design..