Location: Prime Central London
Chinese heiress rents high-profile Mayfair mansion for £1.55m a year
Billionaire’s daughter lays down record £3.1m deposit and signs up to pay £130k a month after seeing K10 Group’s Culross House appearance on a reality television show.
Fairway tees up another PCL acquisition drive
PCL-focused resi fund has so far bought ten properties in Belgravia and Knightsbridge with a combined value of £70m, and is now looking to deploy another £50m.
Grosvenor sells prime Mayfair block with penthouse planning
City-based asset management firm London & Oxford has acquired a prime resi block in Mayfair from Grosvenor, paying c.£11.5m for the freehold interest.
RBKC gets tough on owners of empty homes
Council to trial the use of Empty Dwellings Management Orders and forceable sales in ‘severe circumstances’.
Sales volumes could soar by 50% this year, predicts Mayfair agency
Wetherell expects competition to heat up as the international market returns.
Eccord bolsters property management team
Chestertons' Aisha Ahmed joins Jo Eccles' recently rebranded firm, which now looks after £1.5bn worth of properties across PCL.
Euroterra Capital offloads Paddington apartment block
PCL developer and investor finalises another chunky deal in W2, selling 5 Queen’s Gardens to a private buyer for £6.5m;
Chestertons claims biggest market share in Prime London
Agency says it was behind nearly 12% of the deals done in Prime London in 2020, as revenues rise for the fourth year on the trot.
Deal sealed on £10.5m Belgravia townhouse
Six-bed end-of-terrace near Belgrave Square was once designed by Candy & Candy.
London property market ‘getting a boost’ as overseas students ‘favour the UK’
"The UK’s safe haven status, diverse and liberal culture has attracted overseas students who would have previously studied in the US," suggests property investment firm London Central Portfolio.
In Pictures: The ‘theatrical’ reworking of a palatial residence in Regent’s Park
Lipton Plant Architects' latest redesign plays with the idea of a ‘performance space overlooking the park’.
Super-prime design & construction firms collaborate on Notting Hill street art project
Studio Indigo & London Projects unveil new hand-painted mural by Royal College of Art alumni, Adalberto Lonardi, on their Lansdowne Road construction site.