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Prime London Property Market Snapshot: Week 38, 2024
Fewer sales were agreed last week in prime London, but there's been a steep rise in the number of homes going Under Offer.
Luxury agency reveals £800mn sales surge as ambitious expansion pays off
Expanding firm claims No.1 market share in the £10mn-plus and £20mn-plus property segments following bumper H1.
REDD recruits new development director
Real estate firm is embarking on several newly-acquired luxury projects in PCL.
UK real estate AI start-up raises $7mn for international expansion
Fifth Dimension AI was set up last year by former Hamptons research chief Johnny Morris & linguistics and tech maven Dr Kate Jarvis.
£8mn backing for ‘prestigious’ resi project in Wimbledon
Golden Earth Developments is collaborating with high-end design firm Gunter & Co on the CapitalRise-backed scheme.
Home-sellers move away from ‘off-market’ sales
Vendors are now almost 20% less likely to choose a low-key marketing route than last year, according to data from TwentyEA.
British Land names new Head of Real Estate & Investment
Kelly Cleveland to take on new combined role following departure of Darren Richards.
‘The ultimate historic trophy home’ on a private island in the River Thames seeks £4.5mn
Magna Carta House is located on a four-acre island near Runnymede in Surrey, thought to be the site of the signing of one of the most important documents in British history.
Green light for resi transformation of prominent Westminster office block
Four-storey neo-classical building in Pimlico was formerly home to a Government spy agency.
Caudwell angles for record-breaking sales at landmark 1 Mayfair scheme
Billionaire property developer to set new ultra-prime benchmarks with residences that target ‘the world’s most prestigious people…who have good moral values’.
Tom Bill: Sellers move quicker than buyers this autumn as rates drop
Although more sub-4% mortgages are appearing, uncertainty ahead of the Budget means some buyers are hesitant, writes Knight Frank's head of UK resi research.
Murdoch’s REA raises Rightmove bid by 9%
'We are genuinely disappointed at the lack of engagement by Rightmove’s Board,' says the boss of Aussie property listings business REA Group, as the News Corp-controlled company makes a third bid for…