Location: Prime Outer London

Bargain hunters were out in force at the Marriott Hotel yesterday, as Savills' September auction raised a blockbusting £42m (£5m more than last year's total).

The Ballymore Group is about to cut the ribbon on its big new resi-led development in NW London.

Sultriest press shot of the week definitely goes to Melissa Porter, who's just been confirmed as host of the Luxury Property Show for the second year running.

Finally we have some visible growth. Don't panic, says Glentree International's Trevor Abrahmsohn... 

James Caan has likened year one of Accouter Group, his prime property services JV with Alec Watt, to Warren Buffet's success with Roomservice and the Candy brother's track record in London luxury.

Prime central London property prices have more than doubled in the last eight years rising by 116%, and PCL prices have risen by an average of 4.

There's a familiar story doing the rounds today: stock levels are down but demand and deal levels are riding high in London.

Shares in Foxtons have been described as "Marmite" by brokers, as Reuters reports that the estate agency's planned stock market float is already over-subscribed.

The seventh Luxury Property Show is looming: the Hurlingham Club in leafy Fulham will once again play home to many of the world's most swanky pads and big spenders as the Show rolls in to town on the 29th…

How does a developer select a suitable area for a major new scheme?

Berkeley Group has bought QVC's old offices, Marco Polo House, in Battersea for £105m, outgunning Killian Hurley's Mount Anvil bid for the site, which has planning permission for 456 luxury residential…

The most expensive residential property to be sold in July was Number Two Holland Park, for £23.3m, according to the latest set of Price Paid stats from the Land Registry.