Location: Prime Central London
Audley Cue: Mayfair car park poised for super-prime transformation
New plans have been submitted to turn a grotty Mayfair car park into a 200,000 square foot neo-classical scheme. It's already being tipped to become "London's most exclusive address".
Prime global rental growth hits five-year low
There's been "a notable slowdown" in top-end rents around the world over the last quarter, says Knight Frank, as the agency's Prime Global Rental Index records its weakest annual growth rate since 2009.
Senior reshuffle for Knight Frank’s regional Residential Development department
Knight Frank has rejigged its Residential Development department, making a bunch of senior new hires and moving some people around internally as part of a recruitment drive "which will see the department…
Aston Chase strengthens lettings team
Regent's Park-based independent Aston Chase has boosted its lettings offering by hiring Marie Beirne from TK International.
RBKC names new planning chief
The Royal Borough of Kensington & Chelsea has appointed a new Executive Director for Planning and Borough Development to replace the outgoing Jonathan Bore.
Flurry of sales for political pied-a-terres
Three separate pied-a-terres in one of Westminster’s most popular residential blocks for MPs have gone under offer within two weeks of each other, as the countdown to the General Election begins.
Marylebone property firms muck in to restore community garden
Some of Marylebone's top property firms joined forces last week to help restore a rundown community facility on Lisson Grove.
Vote Building: How is the election affecting London’s residential development market?
Central London's property market "is still busy below £1m but has quietened between £1.
Period Passivhaus: Grosvenor retrofits create London’s greenest period rental properties
Following up on its BREEAM Outstanding-rated retrofit in Belgravia, Grosvenor is bringing home even more from the sustainability front, retrofitting three rental properties in Mayfair and Belgravia…
97% more Londoners look to buy in Edinburgh
Property prices in Edinburgh rose by 1.2% between January and March 2015, to take annual growth to +4.1%, as buyers look to complete deals ahead of tomorrow's (1st April) tax changes, says Knight Frank.
Mayfair set to breach £6,000 psf this year as Indian investors drive the market up
NW8-based boutique agency Rescorp Residential has netted a £5,000 psf sale on South Audley Street W1, and predicts that Mayfair prices will breach £6,000 psf by the end of the year as Indian investors move…
Full Frontal: HNW tenants pay £200k up-front in ‘frenzied’ PCL rental market
One in five new tenancies in prime central London is being let with six-to-12 months' rent - typically around the £200,000 mark (including deposit but excluding letting agent's fees) - being paid up-front,…