Location: Prime Central London
Midtown sales spike as buyers look beyond London’s golden postcodes
CBRE has reported 60% spike in sales in Q3 this year compared to last in Midtown - twixt Mayfair and the City - as buyers look beyond Mayfair and Knightsbridge.
Prime Property of the Week: The Wilton Succeed
Wilton Street, Belgravia
£14.25m
Homeowner positivity chills out
Homeowners still tend to think that the value of their property is on the up, although "there is a clear shift towards a more moderate view of current and future price growth potential," says Knight Frank.
Chelsea Crossrail station ‘still on track’ as safeguarding plans updated
It looks like the King's Road option, rather than the World's End, is the front-runner for the location of a new Crossrail 2 station in Chelsea.
Soho Works Estate comes up for sale
The Soho Works Estate, a half-acre site fronting both Great Marlborough Street and Poland Street, has just been listed for sale with a £67.5m price tag.
Malins scores Covent Garden office-to-resi scheme
The Malins Group has bought a slice of Covent Garden to turn into four high-spec apartments.
Knight Frank opens up in Barnes
Knight Frank has just opened the doors to its new office on Barnes High Street, SW London.
Strong start for Derwent’s Art Deco cinema conversion
Derwent London's redevelopment of a former cinema on Queensway has got off to a flyer, with 50% of the units selling within the first two weeks of launch.
New-build market above £1m to suffer in 2015 as supply increases – Hurford Salvi Carr
City/Docklands/Midtown-based agency Hurford Salvi Carr has been totting up the price movements across its patch during 2014, and come up with an average increase of 4% on the sales side.
Savills to open up in Aberdeen
Savills has announced plans to open a new office in Aberdeen's West End, offering the full gamut of resi and commercial property services.
‘Mini-boom hits a pause’ as asking prices fall – Rightmove
Asking prices have dropped by 1.7% in the last month, says Rightmove, as the traditional winter slowdown kicks in.
This year has seen prices of new instructions hitting the portal rise by 8.
British Land resi development exposure ‘now below £200m’
Developer British Land has announced pre-tax profits of £1.04 bn in its half-yearly results statement this morning, up from £422m in the same period last year.