Location: United Kingdom
£2bn New Covent Garden redevelopment set for summer start
The joint venture behind the transformation of the ginormous New Covent Garden Market site in Nine Elms has just gone unconditional, meaning that work could begin on site as soon as this summer.
Wills & Estimates: Passing prime property onto the next generation
In the wake of a high-profile legal battle over an £800k flat in Battersea, Clare Mackay talks us through the issues surrounding the passing of prime property onto the next generation...
Partner promotion for Knight Frank Resi Development man
Knight Frank has promoted Robert Adams to Salary Partner within the Prime New Homes team.
Capco & TfL complete JV
The transformation of Earls Court took another step forward yesterday with news of the completion of the Earls Court Partnership Limited, the investment vehicle set up by Capco and TfL.
Another new hire for ‘buoyant’ LCP
Investment firm London Central Portfolio seems to be going big this year, hiring a third new recruit in just a few weeks and promoting another.
There are 83 estate agents in the average London borough; 179 in Westminster
There are at least 179 estate agency branches in the City of Westminster alone, with 2,600 vying for business across the capital.
Labour pledges to scrap non-dom tax status; could ‘disable the luxury housing market’
Labour has pledged to abolish non-domicile tax status if it wins the general election next month.
Top Candy man leaves to set up own £150m development business
Candy & Candy director Simon Stone has left the hyper-prime firm to set up his own development and asset management business, Stone Real Estate.
Sugar Quay, one of Stone's projects
Shopping Around: Waitrose’ 12% house price premium (and Aldi’s 3% discount)
A local Waitrose adds 12% to neighbouring house prices, claims Lloyds, while a handy Sainsbury's is worth an extra 10%. Lidl and Aldi, on the other hand, apparently push prices down by 2% and 3% respectively.
Countrywide still on the prowl after buying four lettings businesses in Q1
Countrywide plc, the UK’s biggest integrated property services group, has been on a buying spree in the first few months of this year, acquiring another four lettings businesses in Q1 to "significantly…
Green Party pledges to cut VAT on housing repairs
The Green Party has offered up one of the property industry's most-demanded policy changes: a cut to VAT on housing repairs and renovations.
Crown Estate creates new Head of Central London role
The Crown Estate has appointed a new Deputy Head of Urban & Head of Central London.