Location: United Kingdom
Grosvenor posts record profits after timely London resi disposals
Grosvenor Group has just announced record pre-tax profits of £681.8m in 2014, well up from the £506.9m posted in 2013.
How many £1m+ deals will be going through in 2019?
It's been estimated that nearly 28,000 £1m+ properties will be sold in the UK each year by the time we get to 2019.
Election ‘sweeteners’ could fundamentally change the UK housing market
Edward Burton looks back on a week of extravagant promises and headline-grabbing announcements, including that worrying mention of an additional rate of SDLT for foreign buyers...
Labour pledges on rent controls, letting agent fees and stamp duty
If Labour gets into power after the General Election, Ed Miliband has pledged to cap rents so they can't rise by more than the rate of inflation over the course of a three-year tenancy.
The Property Rich List: Britain’s real estate billionaires
"Recession? What recession?
Abrahmsohn: Labour is exhibiting a patent lack of understanding of the rental sector
Ed Miliband's latest proposals are yet another example of the shadow government’s insatiable appetite for government interference in markets, says Trevor Abrahmsohn...
39% of homeowners think estate agents work for buyers – Agents’ Giving
"Estate agents aren't all bad" insists Agents' Giving...
City veterans to launch PCL property fund
A resi investment fund is about to launch on the Alternative Investment Market with plans to build up a central London property portfolio worth £500m.
‘Try before you buy’ renters on the up in the Home Counties
"There is evidence to suggest that some tenants are renting before making a decision about purchasing property ahead of the election," says Knight Frank, as prime rents in the Home Counties rose by 3.
New Oxford Street Estate goes for £15.75m
The New Oxford Street Estate, a cluster of seven freehold buildings fronting London's New Oxford Street, Museum Street and West Central Street, has been snapped up for £15.75m.
Prime Property of the Week: Holy Trinity
Ten Trinity Square, London
POA
The transformation of this 1923 monolith must rank among the capital's most exciting residential schemes of recent years;
Hong Kong buyers zone in on London’s prime fringe; unfazed by UK polls
The forthcoming UK general election matters "not a jot" to Hong Kong buyers of London resi, according to industry titan Mark Collins.