Location: London
Crown Estate portfolio surges to £11.5bn
The total value of assets held by the Crown Estate rocketed by 16.1% to hit £11.5 billion in the year to March 2014, with annual profits up 6.7% to £285m.
Cadogan launches ‘industry first’ complimentary concierge service across portfolio
The Cadogan Estate has launched free 24-hour luxury lifestyle concierge service for all its tenants and occupiers.
UK buyers back in the capital’s new homes market – Jackson-Stops
Estate agency Jackson-Stops & Staff has been reporting a surge in demand - specifically from buyers in the new-build and off-plan arena - over the last six weeks.
Selling off high-value council homes could leave a £1.3bn black hole and magnify the housing divide
The government's plans to extend Right to Buy could create a £1.
Weston and Cathedral connect to deliver £120m landmark resi scheme in Greenwich
Weston Homes and Development Securities-owned Cathedral Group are transforming an historic 1.2 acre factory site in Greenwich, into a new £120m, 272 unit residential address.
EMEA’s luxury home market climbs as ultra-rich ‘flight to safety’ continues
Ultra-rich types are buying up luxury homes around the world "to further diversify their holdings," according to a new report by Wealth-X and the Sotheby’s International Realty, which also flags up…
Over Troubled Water: Bridging lending soars by 35% in a year
Gross bridging lending has shot up by over a third in a year, according to the latest stats from West One.
Annual bridging lending now exceeds £2.7bn, while the volume of loans is also up by 13%.
May transaction levels up on April but down on last year
The Government's latest stats have put last month's UK resi transaction tally at 98,540.
House price expectations hit six-month high
Expectations for future house price rises are at the highest level they've been all year, according to Knight Frank and Markit's latest sentiment survey.
23.
Pidgley’s £18.75m pre-election equity cash in
Berkeley Group's bosses quietly cashed in £25m-worth of shares just before the election, with Tony Pidgley taking home £18.75m.
Shares were sold by the two Berkley bosses for £25 a-pop on 28th April;
Galliard swoops on Chiswick Octopus site with new residential designs
Galliard Homes, Cain Hoy and ARV Investments have paid over £15m to buy up the half acre "London Octopus" site near the Chiswick Roundabout in Hounslow, with ideas to create a residential-led development.
Residential Land seals £37m deal in Fulham
The Palace Wharf scheme has planning for 22 apartments and five townhouses