Location: Prime Central London
Development Securities and Cathedral Group launch new identity, U+I
U+I Group Plc, the product of a merger between Development Securities and Cathedral Group, has officially launched today, moving into a new Victoria office and unveiling a very monochrome new brand identity.
Residential development land prices slip again
The price of greenfield development land across England has dropped again, as developers show a "less active appetite" and build costs escalate.
£25m Soho block offered for prime residential conversion
Hermes Investment Management has put a freehold office block on Broadwick Street in the heart of Soho up for sale, complete with detailed planning permission for apartments.
Banda’s poppy factory conversion blooms
Developer Banda Property has released some more details on its new boutique scheme in Richmond, south west London.
China: The new billionaire capital of the world as Wanda’s Jianlin tops the rich list
China is now home to 596 dollar billionaires after the mega-rich population grew by 68.
Four Bayswater buildings snapped up for £30m in ‘old-fashioned’ off-market deal
40 serviced apartments bought by Qatari investor...
First two ‘House of the Year’ candidates revealed
Flint House, a "dramatic and innovative" new house on a country estate in Buckinghamshire and Sussex House, an "elegant villa in the Sussex countryside", have been announced as the first two houses to…
Periphery Vision: Inner commute areas to outperform as prime markets languish
The future looks pretty bright for property prices - as long as you're not banking on central London performance - says Savills in its big round of forecasts.
Interest rates to stay low for longer – BoE
The Bank of England’s Monetary Policy Committee (MPC) has voted by a majority of 8-1 to keep the Bank Rate at a deeply low 0.
St James & Beechcroft launch redevelopment of historic riverside site
Berkeley Group arm St James and retirement home specialists Beechcroft have launched the restoration of a riverside estate in west London that once belonged to George III’s chaplain.
Russell Simpson ramps up lettings department
Long-standing Chelsea-based independent Russell Simpson has doubled the size of its lettings division with two new hires.
Cash Mob: Two out of five deals go to cash buyers – Hamptons
Across England and Wales, cash buyers accounted for two of every five transactions; a total of £420,000 cash deals were done in the year to March, with a combined value of £110bn.