Old House Group picks up luxury resi project on Wilton Place
Grade II listed freehold was acquired with the help of a £6.4m bridging loan funded by CapitalRise.
In Prime Central London
Record month for Knight Frank’s London sales teams
Monthly and quarterly records fell as buyers rushed to beat the stamp duty deadline.
Busiest prime London market since 2014, with 61% more £5m+ deals than in 2019
The top-end of London residential sales market has just enjoyed its strongest first half since 2014, reports Savills, with 59% more £5m+ transactions recorded in the first six months of this year compared to 2020, and 61% more than in H1 2019.
Interview: Sarah Waller of The Knightsbridge Estate on the rise of luxury build-to-rent
Earlier this week, PrimeResi took an exclusive look at The Olayan Group’s plans to deliver a major new super-prime BTR scheme in the middle of Knightsbridge. Here, Sarah Waller, senior asset manager for The Knightsbridge Estate, discusses the decision to aim Knightsbridge Gardens specifically at HNW tenants, and how this could set off a big trend in PCL…
Green light for record-breaking Knightsbridge mansion remodelling
2-8 Rutland Gate is set to become the >60,000 sq ft family home of a Chinese billionaire, following an epic nine-figure refurbishment by Squire & Partners and CC Land.
Agency reports triple sales success on Ilchester Place
There’s been ‘quite a bit of activity’ on the leafy Holland Park thoroughfare, named Britain’s most expensive street in 2019.
Inside Knightsbridge Gardens, tipped to be Prime Central London’s ‘stand-out build-to-rent scheme’
The Olayan Group and Chelsfield are delivering a set of 33 luxury rental apartments as part of their reworking of The Knightsbridge Estate.
‘Welcome return of BTR’ boosts London’s new-build sector
Construction starts and sales rose in Q2, while construction completions were the highest in a couple of years, reports Molior.
UK Sotheby’s International Realty names new London sales heads
Shereen Malik-Akhtar has stepped up to lead the agency’s central London sales team, while ex-Aston Chase agent Lee Koffman will be heading things up across north and north west London.
‘The bounce-back is now underway’: Knight Frank revises rental market forecasts
After steep falls over the last year, the agency expects rents across the prime postcodes will recover to pre-pandemic levels by 2023.
Ex-Foxtons agent assembles raft of PCL development projects
David Roberts set up Robelia earlier this year, with backing from North West-based entrepreneur Anil Pitalia.
Record deal surge ‘more of a blip than a signal of any real shift in market activity’ – LonRes
Transaction volumes in June were up by 140% on the five-year average, eclipsing the previous record set in March 2016 by a full 20%.
