Location: Prime Central London
One57 apartment asks $150k a month
An apartment in New York's super-prime One57 development has hit the market for a colossal $150,000 per month.
Appetite for long-term mortgages soars as August heats up
The number of homebuyers looking to secure a 30+ year mortgage has jumped from just 8% a year ago to 21% in Q2 2015, according to broker Mortgage Advice Bureau.
Vendors offer stingiest August price discount since 2007
The average asking price of property coming to market slipped by a mere 0.8% over the last month, according to Rightmove, the strongest August performance since 2007.
Extraordinary competition seeks ‘groundbreaking’ designs for London Green Belt mansion
Planning and design consultancy Barton Willmore has launched an open international competition on behalf of one of its clients to create something that could be rather special: A 10,000 square foot 5-6…
Prime Property of the Week: Mews Company
Lyall Street, Belgravia
£22.5m
If it's frontage and flexibility you're after, this unique proposition in the stucco heartland of SW1X should do the trick.
Principia scales new heights for charity
The brave souls at Principia Estate and Asset Management have raised a whopping £17,000 in aid of male cancer charity the Orchid Cancer Appeal, by abseiling 541 feet down London's scarily-high Broadgate…
Opportunities & Pitfalls: How macro machinations are affecting EMEA’s luxury property market
The ultra-wealthy's appetite for luxury properties in Europe, the Middle East and Africa is growing, says Sotheby's International Real Estate and Wealth-X, after the pair's UHNW Residential Real Estate…
EMEA’s Future-Prime Hotspots: Madrid, Dubai and Cape Town
With the per square foot price of property in London standing at between three and nine times as much as that of Madrid, Dubai and Cape Town, these three cities all present strong and improving value…
Covent Garden ex-council causes a stir
Dubbed "the UK's most expensive ex-local authority flat"
213 super-prime units due for completion in PCL this year; development market ‘vibrant’
Resi development in the capital remained "vibrant" in Q2, according to new analysis by Cushman & Wakefield, with strong levels of construction starts and sales.
At-A-Glance: Prime Central London’s Q2
Cushman & Wakefield has done a very good job of summing up how PCL's top areas performed during Q2.
PCL’s property market is fragmenting as the top-end collapses – LCP
"The brakes are firmly on at the more expensive end" of the prime central London property market, says Naomi Heaton of London Central Portfolio, as the fast and slow lanes diverge.