Location: London
Grosvenor sells prime Mayfair block with penthouse planning
City-based asset management firm London & Oxford has acquired a prime resi block in Mayfair from Grosvenor, paying c.£11.5m for the freehold interest.
RBKC gets tough on owners of empty homes
Council to trial the use of Empty Dwellings Management Orders and forceable sales in ‘severe circumstances’.
Sales volumes could soar by 50% this year, predicts Mayfair agency
Wetherell expects competition to heat up as the international market returns.
Eccord bolsters property management team
Chestertons' Aisha Ahmed joins Jo Eccles' recently rebranded firm, which now looks after £1.5bn worth of properties across PCL.
Foxtons bids to buy Douglas & Gordon
Foxtons has confirmed that it is in discussions to buy rival London estate agency chain Douglas & Gordon.
Raft of new hires at Battersea Power Station
New estates director brought in from Landsec as £9bn scheme reaches ‘pivotal moment’.
Euroterra Capital offloads Paddington apartment block
PCL developer and investor finalises another chunky deal in W2, selling 5 Queen’s Gardens to a private buyer for £6.5m;
Chestertons claims biggest market share in Prime London
Agency says it was behind nearly 12% of the deals done in Prime London in 2020, as revenues rise for the fourth year on the trot.
Deal sealed on £10.5m Belgravia townhouse
Six-bed end-of-terrace near Belgrave Square was once designed by Candy & Candy.
New York dominates the world’s UHNW real estate scene, while London ‘stands out as a second-home destination’
New York is the top global city for the world's wealthy, according to new analysis by research house Wealth-X, with "a significant lead" over other hubs.
Space race to continue, predicts Knight Frank, as latest lockdown ‘reinforces buyer trends’
Agency's latest sentiment survey suggests demand will remain strong in regional markets, even when restrictions are eased.
London property market ‘getting a boost’ as overseas students ‘favour the UK’
"The UK’s safe haven status, diverse and liberal culture has attracted overseas students who would have previously studied in the US," suggests property investment firm London Central Portfolio.