Location: London
North West developer tees up £40m scheme in RBKC
Simon Ismail & Fred Done’s Salboy has acquired a prime site in the Earls Court regen zone.
Bumper H1 for Savills’ development land division
£1.25 billion worth of sites were transacted in the first six months of the year, 48% up on the three-year average, and there’s ‘no sign of a summer lull’
Trials begin for government-backed digital ID scheme
Centralised verification hub promises to significantly speed up the buying & selling process.
Prime London simmers down after record-breaking deal surge
Transaction volumes were 39% below the five-year average last month, reports LonRes, but ‘key metrics suggest the prime London markets are holding up well’.
Why the supply & demand imbalance will likely reach its peak this summer
The UK property market should start putting the distortions of the last 18 months behind it from the autumn, says Tom Bill
Prime London’s rental market ‘continues its journey back towards normality’
“The see-saw of high supply and low demand is tipping back the other way,” says Knight Frank. “Demand is coming from multiple sources and rental values are getting stronger as a result.”
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
Deal Digest: 16 super-prime property sales from 2021 so far
As we learned last week, super-prime buyers were out in force in the first six months of the year, splurging nearly US$14 billion on homes in New York, Los Angeles, Hong Kong, London, Sydney, Singapore…
St James’s Square trophy to become ‘£100k per week’ luxury rental
A mansion once remodelled by Lutyens is reportedly headed for the ultra-prime rental market after a £30m-£40m refurb.
Prime London property sales drop sharply as Stamp Duty holiday unwinds
Annual property price inflation in Prime Central London has picked up to 0.8%; the highest rate since May 2016.
Soho House to open flagship homewares store in Chelsea
Soho Home Studio is launching an "interiors destination" in a former chapel on Duke of York Square
Rare Notting Hill development opp seeks £10.75m
Euroterra Capital & Pisach look to offload freehold block on the corner of Westbourne Park Road & Kensington Park Road.