Location: London
Fairway’s resi fund snaps up £70m-worth of PCL property from Grosvenor, as blue chip investors look for a safe haven
"In macro-economic terms, Covid is just about as bad as it gets," says Leconfield and Fairway Capital founder George Brooksbank.
Northacre chalks up a £7m sale at The Broadway, noting ‘marked growth in interest from increasingly focused buyers’
"The last few months have seen a marked growth in interest from increasingly focused buyers," says the luxury property developer's sales chief, as he reports "another landmark sale" in Westminster.
Berkeley appoints Barker as temporary chairman
Former PWC man Glyn Barker to lead the FTSE 100 housebuilder for ‘up to two years’ as the search begins for Tony Pidgley's long-term successor.
The view from inside north London’s Russian quarter
In a piece originally published in 2018, veteran agent Trevor Abrahmsohn explains why oligarchs first started buying in Hampstead & Highgate, and the impact of tensions, sanctions and currency fluctuations…
International buyer splashes nearly £13m on two Chelsea Waterfront apartments
Blockbuster deal involved two of the biggest units at CK Asset Holding's top-end Thames-side scheme...
Unmod & unlisted Little Venice mansion pitched at £9.8m
5,300 square foot project sits on a corner plot opposite the Regent’s Canal.
Development land values could be in for a ‘sharp rebound’
PCL, greenfield and urban brownfield development land values all fell in Q2, reports Knight Frank, but indicators point to a pick-up post-lockdown...
153 $10m+ sales worth $3.2bn: How the world’s super-prime markets fared under lockdowns
Activity may have plunged, but global super-prime property markets "outperformed expectations" under lockdown, reports Knight Frank, with 153 sales going through above $10m since March.
Wired: Russia blazed a trail for Chinese oligarchs to nab London property
"Most of the capital’s prime property is now bought by wealthy Chinese," writes journalist Chris Stokel-Walker for Wired magazine, and "you can't move in London for Russian oligarchs."
Incredible former rectory in Clerkenwell fetches over £7m
Benchmark-setting East End deal completes mid-Covid...
Trio of Bayswater buildings offered up for £16m
‘Rarely do we see an asset with such potential come to market’, says agency
Plans go in for Grosvenor’s South Molton Triangle ‘pedestrian first’ reboot
Grosvenor has submitted a planning application for the South Molton Triangle, pitching to transform "a historic, but underused part of North Mayfair" into a "pedestrian first" enclave.