Location: Prime Central London
London still the priciest per square foot
Kensington Palace Gardens is still the most expensive address in the world, according to Savills
PCL still soaring but uncertainty on the horizon: Knight Frank
PCL prices are 13% higher than the previous market peak in early 2008, but the pace of growth has slowed as uncertainty creeps into the market over proposed tax reforms and the impact of stamp duty, according…
Morpheus appoints Steven Blaess to head up in-house resi design team
Super hi-spec resi developer Morpheus has just announced the appointment of Steven Blaess as Creative Director to spearhead the expansion of its design team
WA Ellis stay positive and report booming development market despite seasonal slowdown
WA Ellis are confident the current groundswell in developments throughout PCL will correct the current supply/demand issues, whilst their lettings team are reporting bidding wars on family homes and healthy…
New resi development director for Hamptons
Hamptons has expanded its Residential Development and Investment team with the senior appointment of Lesley Stringer as a Director
Native Land snap up major Mayfair resi opportunity
Shortly after a Gulf based investor took a 45% stake in the company, Native Land has exchanged contracts to acquire a prime resi development site at 30 Old Burlington Street, London W1 from Standard L…
National Property Database launches
The National Property Database (NPD), a new service claiming to provide detailed information on each of the 24 million properties across England, Scotland, Wales and Northern Ireland, has been launched…
British Land acquires prestigious Clarges Estate for £129.6m
The Clarges Estate, Mayfair
British Land has entered into a corporate agreement to purchase a vast swathe of Mayfair, including Clarges House, 6/12 Clarges Street and 82/84 Piccadilly for £129.6 million.
PCL buyers fleeing to the ‘burbs
Buyers are being pushed further towards south and west London as supply tightens in prime areas, reports Marsh and Parsons
Oakmayne Bespoke launches Verge Mayfair
Oakmayne Bespoke has just released the second phase of its Verge Mayfair development, with 5 Hertford Street designers, Lambert & Browne, in charge of the interiors
Garrington reports increases in transactions, price per square foot and £5m+ sales
Average prices per square foot in PCL in the first half of 2012 are now in excess of £1,340, say Garrington in their brand new London Property Market Review, an increase of 12.5
Singapore buyers still spending in London
The number private properties being bought in Singapore may have declined in recent months but the same cannot be said for the number of Singaporeans buying London property, says Andrew Batt