Location: Prime Central London
Dear George: Please drop VAT on home improvements and get the economy moving
As the Chancellor prepares to deliver his Budget next week, Trevor Abrahmsohn beseeches him to help a vital part of the property sector...
British Land to raise £500m for property investments
British Land, the enormous property investor, has just announced a new £500m share placing.
Boris floats Royal Docks “floating village” idea
Boris Johnson has revealed a plan to turn London's Royal Docks into the UK's largest "floating village," one and a half times the size of Green Park.
Labour’s mansion tax plan defeated in the Commons
Labour's motion for a Mansion Tax on properties worth over £2m has been defeated by 304 votes to 241 in the House of Commons, after the Liberal Democrats sided with the Conservatives.
Great Portland Estates bags £37m Portman Sq block
Great Portland Estates has bought 1-9 Orchard Court, which makes up the entire Eastern block of Portman Square, W1, from Rosanna Holdings Limited, for £37m (£775 psf).
Grade I victory over Northants wind farm
A judge has overturned a planning decision to allow four 125-metre wind turbines within a mile of the National Trust's 17th century Grade I listed Lyveden New Bield site in Northhamptonshire, concluding…
The Westminster Constitution: The Portman Estate
Following this morning's news of the £37m purchase of the entire Eastern side of Portman Square, Martin Bikhit continues his analysis of Westminster's key micro markets with the in-demand Portman Estate...
Parklife: One Cornwall Terrace goes for £80m
A company controlled by the entrepreneur Marcus Cooper has reportedly bought one of London's most expensive terraced houses - a Grade I listed mansion on Cornwall Terrace overlooking Regent's Park with…
2007-2013: A field guide to London’s property development trends
What a difference five years makes, says Londonewcastle COO Robert Soning, as he casts a critical eye over the sea change in London's new developments...
BLME completes £12m Sharia loan for Kensington resi development
BLME, the largest Islamic bank in Europe, has completed on a £12m, two year loan facility to Curzon Asset Management for the development of nine luxury apartments in Kensington.
“Remarkable” resurgence in £5m+ activity – W.A. Ellis
There was a "remarkable" resurgence at the upper end of the prime central London sales market in February, according to W.A. Ellis, with a marked rise in both transaction volumes and instructions.
The Only Way is Down: RBKC basement applications up by a third
2012 was a busy year for basement companies, with a whopping 33% year-on-year increase in "subterranean development" cases registered in Kensington & Chelsea.