Location: Prime Central London
PCL sales & lettings market snapshot: An emerging supply/demand imbalance, and a ‘fundamental reset’
The Prime Central London lettings market has undergone a "fundamental reset" over the last year, says Knight Frank, while an emerging supply/demand imbalance is buoying sales values.
CapitalRise backs Holborn office-to-resi conversion
A property developer has secured a £6.7m loan to help fund the transformation of a former office building in Holborn into eight luxury flats.
Ultra-prime London developer opens doors to Ch5 TV crew for ‘Poshest Sleepover’ show
K10 Group's Kam Babaee will welcome former Coronation Street actress Sally Lindsay into his family home and an ultra-prime Mayfair development project for a new Channel 5 TV series.
Green light for M&G’s mixed-use project in Fitzrovia
The Stiff + Trevillion-designed redevelopment of 247 Tottenham Court Road will deliver eight new apartments and lots of office space.
£27m sales flurry at Almacantar’s Centre Point
Developer reports a strong start to the year at its landmark West End scheme, which has delivered 82 apartments including a £55m penthouse, as purchasers ‘take a long-term view of London’s luxury…
Cautious optimism is the name of the game in PCL
There most certainly is a market in Prime Central London, and a potentially strong one at that, says Simon Rose - but buyers need to maintain a level of caution, and sellers a level of realism...
New Business Realities: Kerime Mahmoud on building a new buying agency brand
After 12 years in the corporate world, Kerime Mahmoud recently set up her own buying agency focusing on Prime London;
Ten years on, here’s what Nick Candy would do differently at One Hyde Park…
In a rare interview, luxury property developer Nick Candy has revealed what he would do differently at One Hyde Park, if the project were being delivered today.
What’s next for the Prime Central London rental market?
As new data suggests a shift may be underway, former hedge fund manager Fraser Slater takes a detailed look at what’s happening in the PCL rental market right now - and explains why things are unlikely…
Speedy sell-out at ‘ultra-boutique’ Mayfair resi scheme
Buyers picked up all six of the units at GPE's 14 Brook Street within 12 weeks of the sales launch - with some relying on video and virtual viewings alone...
PCL lettings deals up nearly 200% this year, reports major agency
Dexters says it has been agreeing 330 lets every week in January, and has 36,700 prospective tenants on its books - up 48% on last year.
Agency toasts run of rental deals at Chelsea Barracks
Qatari Diar’s Belgravia mega-scheme is proving popular as HNW tenants hone in on luxury amenities, reports Knight Frank.