Location: Prime Central London
Next Gen Knightsbridge: 40% of rentals are to wealthy 20-somethings – Strutt & Parker
39% of rentals through Strutt & Parker's Knightsbridge office over the last few months have been to monied 20-somethings, who, the agent says, typically spend £1,563 per week on a two-bed flat.
New York: “Value-play” buying opportunities in the Big Apple – Candy & Candy GPS Report (Part Three)
The third part of Candy & Candy's Global Prime Sector report looks at how New York is the new land of opportunity for overseas property investors.
Transaction volumes rise 39% over five years – WA Ellis
Thoreau once said that success comes to those who are too busy to be looking for it. By this measure, the last five years have been very successful indeed for some PCL agencies - few more so than W.A.
Topland and Urban Exposure tee up plans for £30m Surrey mansion
Investment partners Topland Group and Urban Exposure have acquired a cracking 3.4 acre site on the Wentworth Estate in Surrey.
Opening Up: KFH adds three new London offices, plans another 20
Kinleigh Folkard & Hayward has announced another three branches in West and South West London, with plans afoot to add 20 more over the next five years.
The Heron flies high in the City: 92% sold for £200m+
The biggest resi development in the Square Mile for 30 years, The Heron on Silk Street, is already 92% sold, bringing in over £200m from apartment sales for its developer Heron International.
London: The world’s wealth leader – Candy & Candy GPS Report (Part Two):
The second part of Candy & Candy's Global Prime Sector report gives the inside track on London's position as the ultra-high net worth capital of the world.
Tokyo leads luxury residential market slowdown as Europe still struggles – Knight Frank
The average price of luxury homes in the world’s key cities fell by 0.
The New Help: Mayfair homes employ more domestic staff now than in Georgian times
Roles may have changed a bit, but Mayfair specialist estate agent Wetherell has worked out that there are more domestic staff in the area now than during the Georgian and Victorian eras.
London saw £2.3bn of £10m+ transactions in 2012, up 18% on 2007 – Candy & Candy
The first part of the inaugural GPS (Global Prime Sector) report from interior design and development management company Candy & Candy has many graphs in soft pastel shades, and much insight from the likes…
46% of prime London homes are £1m+, as off-centre property flourishes
We're going to need a new acronym. We've been hearing a lot recently about the "prime fringes" of London and of a "wealth creep" into areas outside of the traditional PCL (prime central London).
New plans for Clarges Estate scheme; resi element boosted to nearly 50%
British Land has upped the resi component of its Mayfair masterplan from 63,000 sq ft to a whopping 94,000 sq ft - making up nearly half of the entire scheme.