Location: London
Rents rise in the prime commuter belt but fall in London, as tenants ‘make real lifestyle changes as a result of Covid-19’
Savills has revised its prime rental price forecasts. Prime London rents are now expected to fall by 3% this year, with inflation of +7.6% over the next five years.
Developer loses £10m property empire in ‘milestone’ UWO case
Leeds-based businessman surrenders 45 assets - including properties in Chelsea and Knightsbridge - following 'groundbreaking' NCA investigation.
Busting the London ‘exodus’ myth
Business has been booming for regional agents since lockdown restrictions were lifted in May, but Londoners need to consider whether moving out to the shires is sustainable in the long-term, warn Camilla…
CBRE’s Samworth to step down
The chairman of the firm’s APAC/EMEA advisory services division will be leaving his post at the end of the year.
Resi developer sought for two major East London sites
The London Legacy Development Corporation is on the hunt for a Joint Venture partner to deliver £600m of residential-led developments across two sites at the Queen Elizabeth Olympic Park in Stratford,…
RBKC & Westminster named as UK’s ‘coldest’ property markets
Demand levels in the UK's most expensive boroughs are running well below the national - and London average - according to analysis of data from the major property portals...
In Pictures: Christian Candy lifts the lid on 80 Holland Park
25-unit scheme on the northern flank of Holland Park - billed as the tycoon’s ‘most significant resi development since One Hyde Park’ - is finally finished and ready to go...
Westminster launches its own development vehicle
Wholly-owned by the PCL council, Westminster Builds will be delivering new homes ‘across all tenures’, along with regen projects both in the borough and across the rest of London.
Strutt & Parker combines Knightsbridge & Chelsea teams on Sloane Street
135-year-old estate agency Strutt & Parker is combining its long-established Chelsea SW3 residential team with its Knightsbridge operation, in the firm’s flagship office at 66 Sloane Street.
Northacre’s The Broadway tops out as resi sales ‘remain buoyant’
Super-prime developer Northacre has sold £40m-worth of apartments since April in its first mixed-use scheme, The Broadway, which has now reached full height.
In Pictures: One of Mayfair’s original mansions lists at £54.5m
14,500 square foot stonker on Upper Grosvenor Street was built in 1732, and packs one of the biggest private swimming pools in PCL...
Marsh & Parsons recruits Kay & Co’s Sulkin to run Marylebone & Mayfair branch
Paul Sulkin joins the 31-branch agency after more than two decades at BHHS Kay & Co.