Location: Prime Central London
Investec backs Belgravia trophy home project with £16m loan
Renovation of Wilton Crescent mansion to deliver ‘flagship asset’ with a GDV north of £30m; PCL recovery to gain pace in the months ahead, says firm.
Estate agent: ‘The supercars are back’
First signs reported of wealthy Gulf buyers returning to PCL.
Construction giant pulls back from London resi market
Balfour Beatty confirms it will ‘no longer bid for fixed price residential property projects in central London’ as Covid-19 disruption leads to delays & write-downs.
London rental market resurgence ‘in full swing’
‘The tide has now turned’, declares Benham & Reeves, as values bounce and stock levels decline
Townhouse sets new price record on Connaught Square
Savills Mayfair has reported a strong run of sales in Connaught Village, describing the Bayswater neighbourhood as a ‘hidden gem’.
Mapped: Which prime London enclaves have seen the biggest property market shifts since 2019?
Coutts bank has highlighted some prime London locations that have seen notable shifts in property buying activity compared to pre-pandemic times.
Crown Estate appoints London portfolio MD
Former Grosvenor man Simon Harding-Roots will be joining in September.
Singer reportedly building ‘palatial’ residence in Kensington
Elston Developments and Michaelis Boyd Associates are said to be on the teamsheet.
RBKC neighbourhood records £1m jump in house prices
Kensington & Chelsea was home to six of the top ten London wards with the highest levels of inflation last year - one of which posted a seven-figure increase in the average price.
Record number of £1m+ sales in London
"Happy holiday for luxury London property", declares Coutts bank, as the prolonged Stamp Duty tax break drives record sales in the capital.
Leafy Notting Hill leading the way as PCL revives
Prospective Hillbillies are offering up to £1m above pre-pandemic levels, and houses are not even making it to the open market, reports Winkworth.
UK prime resi prices set to rise 9% this year, but PCL’s bounce ‘has been delayed’
Runaway property price growth in the regions is likely to soften from next year, predicts Savills, while Prime Central London prices are set for a sharp upwards bounce once international travel resumes.