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The view from inside north London’s Russian quarter
In a piece originally published in 2018, veteran agent Trevor Abrahmsohn explains why oligarchs first started buying in Hampstead & Highgate, and the impact of tensions, sanctions and currency fluctuations…
International buyer splashes nearly £13m on two Chelsea Waterfront apartments
Blockbuster deal involved two of the biggest units at CK Asset Holding's top-end Thames-side scheme...
Details of next year’s non-resident SDLT surcharge published
The 2% foreign buyer levy "may help to control house price inflation, by leading to a reduction in residential property purchases by non-UK residents," suggests HM Treasury.
Unmod & unlisted Little Venice mansion pitched at £9.8m
5,300 square foot project sits on a corner plot opposite the Regent’s Canal.
Countrywide enlists headhunters to ‘hunt for a new boss’
Sky News has reported that Countrywide Plc is searching for a new Chief Executive to replace Paul Creffield, and that Chairman Peter Long will also "step back" at some point.
Estate agents are ‘de facto agents of the Russian state’, claims Parliamentary report
There's "a growth industry of ‘enablers’ including lawyers, accountants, and estate agents who are – wittingly or unwittingly – de facto agents of the Russian state", according to the Intelligence…
Cornish hotel acquired for prime resi scheme
Acquisition of Treglos Hotel near Padstow demonstrates strong appetite for exploring alternative uses, says Savills
Development land values could be in for a ‘sharp rebound’
PCL, greenfield and urban brownfield development land values all fell in Q2, reports Knight Frank, but indicators point to a pick-up post-lockdown...
153 $10m+ sales worth $3.2bn: How the world’s super-prime markets fared under lockdowns
Activity may have plunged, but global super-prime property markets "outperformed expectations" under lockdown, reports Knight Frank, with 153 sales going through above $10m since March.
Wired: Russia blazed a trail for Chinese oligarchs to nab London property
"Most of the capital’s prime property is now bought by wealthy Chinese," writes journalist Chris Stokel-Walker for Wired magazine, and "you can't move in London for Russian oligarchs."
Incredible former rectory in Clerkenwell fetches over £7m
Benchmark-setting East End deal completes mid-Covid...