Location: London

Fifth Capital London has reportedly landed a two-acre swathe of Battersea with designs on a £200m resi scheme.

As median home prices across the US finally return to the kind of levels last seen in 2004, sales of New York's multimillion dollar resi properties have rocketed.

An agreement between privately-owned developer Galliard Homes and new US private investment firm Cain Hoy Enterprises is set to create London's largest house builder, with a £3.4bn portfolio.

It looks like the King's Road option, rather than the World's End, is the front-runner for the location of a new Crossrail 2 station in Chelsea.

Wilton Street, Belgravia £14.25m

Homeowners still tend to think that the value of their property is on the up, although "there is a clear shift towards a more moderate view of current and future price growth potential," says Knight Frank.

The Soho Works Estate, a half-acre site fronting both Great Marlborough Street and Poland Street, has just been listed for sale with a £67.5m price tag.

The Malins Group has bought a slice of Covent Garden to turn into four high-spec apartments.

Knight Frank has just opened the doors to its new office on Barnes High Street, SW London.

Former England cricket captain Michael Vaughan has gone into bat for property management firm Capital Properties as its Leadership & Development Director.

Primrose Hill drinkers, spooked after the pub landlord applied to build a house in the beer garden, have launched a pre-emptive strike to stop The Albert being converted to residential use.

Derwent London's redevelopment of a former cinema on Queensway has got off to a flyer, with 50% of the units selling within the first two weeks of launch.