Location: London

Under-30s accounted for nearly 90% of the tenancies signed in Q1, reports LCP - up by almost a quarter on last year.

The agency noted a massive increase in telephone bidders at its latest sale, which raised £40m.

JLL expects the capital's most iconic borough will benefit from a renewed appetite for city living in the wake of the pandemic.

All 22 penthouses and maisonettes at north London's former Royal Mail sorting office have been sold, with penthouses achieving "in excess of £2,200" per square foot.

Renovation and conversion projects are swelling London's small but significant £100m+ property market, creating private palaces just for billionaires.

Sales volumes in Q1 rose to levels not seen since the infamous stamp duty stampede of 2016.

Squire and Partners-designed proposals for the refurbishment of 2-8 Rutland Gate, a 62,000 square foot private palace overlooking Hyde Park, were submitted to Westminster a few weeks ago.

Knight Frank’s Kensington team has tucked away four high-end townhouses on Edwardes Square in recent months, and taken on another five.

Two substantial freehold buildings in W8 have been put up for sale, with a combined guide price of £47 million.

Kenneth Walsh joins the agency’s high-end rental division based on Sloane Street, covering the £5,000+ per week market across north and central London.

Writing for the Times, Emanuele Midolo explains “how two public school boys from Surrey created the world’s most talked about residential building”.

How businesses do business and employees live their lives in the brave new world will shape both the London and country residential markets, writes PV's Charlie Ellingworth.