Location: London
Mall Change: Plans go in for Whiteleys’ £1bn resi-led transformation
The £1 billion redevelopment of the former Whiteleys department store in Bayswater is moving along nicely, with plans now submitted to Westminster City Council after two years on the drawing board.
50% Off: Knightsbridge agency plans Black Friday fee slash
Beauchamp Place-based Patterson Bowe will be offering a 50% fee discount
Kitchen Drink: Demand for wine coolers up by a third
Nearly half (48%) of kitchen designers and property developers say that customers have requested wine coolers in the last 12 months, according to a survey by Direct Line Premium Insurance.
Prices to rise by 25% in five years as ‘no easing in supply constraint’ – RICS
UK House prices are expected to rise by 4.5% per annum over the next five years, delivering a cumulative increase of around 25% according to the latest from RICS.
RICS Forecasts
The average home now changes hands every 19 years
The average number of years between property sales has dropped from nearly 25 to just under 19 since 2010, with southern homes shifting far more frequently than those in the North.
Colliers recruits new Director of Residential from Cushman
Colliers International has appointed a former Army Major and Cushman & Wakefield Partner to lead its residential development team.
CBRE London Residential recruits Chief Operating Officer from JLL
CBRE has boosted its Resi leadership team in London with a big hire from JLL.
Urban Exposure and Highbridge to finance £400m Tech City scheme
Alternative lender Urban Exposure and investment firm Highbridge Principal Strategies have announced they'll be providing finance for Rocket Investments' £400m new scheme on City Road.
Property prices to rise by 20% over the next five years – Knight Frank
UK house prices will grow by 20.3% over the next five years, predicts Knight Frank, with prime central London bouncing back after a slow 2016 to deliver +20.
Screen Idylls: How to design a showstopping home cinema
Home cinemas have come a long way in recent years and an oversized telly and a couple of beanbags simply won't cut it with today's top-end buyers.
The correction in prime central London ‘has already happened’ – W.A.Ellis
The bubble may have burst in PCL but the effect is not as decimating as recent reports from UBS and Deutsche bank might suggest, says W.A.Ellis' Richard Barber...
Suburban Resistance: How Outer London boroughs turned down 4,160 potential new homes in H1
London's Inner boroughs are granting planning permission for more new homes than all the surrounding Outer boroughs put together, according to new research out today.