Location: London
British Land acquires prestigious Clarges Estate for £129.6m
The Clarges Estate, Mayfair
British Land has entered into a corporate agreement to purchase a vast swathe of Mayfair, including Clarges House, 6/12 Clarges Street and 82/84 Piccadilly for £129.6 million.
PCL buyers fleeing to the ‘burbs
Buyers are being pushed further towards south and west London as supply tightens in prime areas, reports Marsh and Parsons.
Oakmayne Bespoke launches Verge Mayfair
Oakmayne Bespoke has just released the second phase of its Verge Mayfair development, with 5 Hertford Street designers, Lambert & Browne, in charge of the interiors.
41% of buyers decide before they make it past the hallway
Nearly half of all buyers have already made up their mind on whether to buy a property after setting foot through the door, according to a new survey.
Garrington reports increases in transactions, price per square foot and £5m+ sales
Average prices per square foot in PCL in the first half of 2012 are now in excess of £1,340, say Garrington in their brand new London Property Market Review, an increase of 12.
Singapore buyers still spending in London
The number private properties being bought in Singapore may have declined in recent months but the same cannot be said for the number of Singaporeans buying London property, says Andrew Batt.
Blenheim Bishop merges with Monaco specialists
Resi lettings, management and sales agency Blenheim Bishop have announced a merger with Pastor, one of Monaco's largest and longest standing real estate firms, which has been responsible for constructing…
Overseas investment creating ‘distorted and dysfunctional’ PCL housing market
Left-leaning think-tank, the Smith Institute, has called on the Government to address the impact of overseas buyers purchasing PCL homes for investment purposes.
New Kensington Church Street office for Chestertons
Nick Carter and Francesca Fortunati
Chesterton Humberts has announced the opening of a brand new office in Kensington Church Street, to work alongside their existing Kensington High Street branch.
June’s a washout for prime London transactions: here’s the skinny on LonRes’s Summer Market Report
The latest London property market review from LonRes makes for some pretty depressing reading.
Native Land on £1bn spending spree after securing Gulf-based investor
Alasdair Nicholls, Chief Executive of Native Land
Resi specialist, Native Land, has released a statement announcing that a major private Gulf based investor has taken a 45% shareholding in the company.
PLP take over Brockton’s Curzon Street luxury development brief
Lee Polisano’s PLP has pipped top US architect Robert Stern at the last minute to win the re-design of Brockton Capital’s proposed 56 Curzon Street development.