Location: London
Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
Well-known PCL specialist joins Prime Purchase; seals large-scale Hyde Park deal
Brooks Marshall co-founder Ollie Marshall has joined Savills' buying arm and is off to a flyer, acquiring a pair of buildings earmarked for a 26,000 square foot super-home…
Savills boosted by ‘continued strength’ of UK’s prime resi markets
Agency reports another strong spell of trading, with full-year profits now expected to come in 'materially ahead' of 2019.
UAE investor takes 49% stake in luxury Old War Office scheme
Dubai-based Onex Holding partners with the Hinduja Group on ‘landmark’ PCL project.
In Pictures: Finchatton launches The Whiteley, promising ‘a new era for Bayswater’
The "grand reimagining" of the old Whiteley's shopping centre on Queensway is luxury property developer Finchatton's biggest project so far, by some margin.
PCL property prices set to rise 5-10% in 2022, predicts Strutt & Parker
National estate agency Strutts is forecasting price growth of between 20% and 35% by 2025 across the UK, and somewhere between 15% and 35% over five years in Prime Central London.
‘The labour of the last ten years is about to bear fruit’: On the remarkable reinvention of Belgravia
After decades of sporadic development, all four corners of the famous PCL district are being transformed as a raft of ‘landmark’ projects finally take shape.
Prime London rents rise at fastest rate since 2011
“It’s been an extraordinary period for the whole market in PCL,” says David Mumby, head of Prime Central London lettings at Knight Frank.
Ranked: Which areas have seen the biggest rise in the total value of housing stock over the course of the pandemic?
Only three local authority areas in England and Wales saw the total value of their housing stock fall during the pandemic period, and they're all in the capital: Westminster (-10.1%), Lambeth (-2.
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
Price rises are an ‘unmistakable sign of recovery’ for prime London’s property market
“We are not on the verge of the sort of dramatic double-digit bounce-back in prices,” says Tom Bill, head of UK residential research at Knight Frank.
A seller’s market snapshot: fail to prepare, prepare to fail
Lawyer Annabel Dean shares some practical tips for those looking to compete in this most challenging of markets…