Location: United Kingdom
Indian developer snaps up Canadian High Commission building for £306m
Mumbai-based Lodha Developers has bought the Canadian High Commission building, MacDonald House, on Grosvenor Square for £306m.
Geography, Maths & (Home) Economics: Price premium for property near top schools rises to 30%
Education, it seems, is becoming more valuable: the average price premium for a home within a mile of one of England's top A-Level schools is +30%, up from +27% last year
Death by a Thousand Cuts: How many more property tax changes can London take?
If we keep trying to raise yet more taxes against foreign owners, there will come a point at which the capital loses its lustre, says James Bailey...
Sigma and Gatehouse to create one of UK’s biggest private rental portfolios
Everyone's been patting backs over a new deal that will create one of the UK's biggest private rental property portfolios using overseas investment, showing the strength and potential of the PRS just a…
Brief Encounters: Tips and tricks for successful short term renting
If your clients are in town for more than a few nights this festive season, short term rentals can be a godsend when you need to recommend a hassle-free base that feels like home (and show off your local…
Record transaction levels for Knightsbridge as stock value increases by £15bn in six years
Per square foot prices in and around Knightsbridge are 8% up this quarter compared to last year's Q3, and stand 50% above 2007's level, says Winkworth in its Knightsbridge, Chelsea and Belgravia Insight …
Property is now “considerably more affordable than in 2008 ” – Countrywide
House prices in real terms - after 14% inflation has been taken into account - are lower than in 2008 in all parts of England outside London, according to some research by Countrywide plc
Prices slow but transaction levels rise 15%, with 18 registered buyers per property
Average house prices slipped a smidge last month, dropping 0.2% compared to September according to the latest Land Registry data set. But that still leaves prices up 3.1% on the year
Brompton Road tube station sold for luxury resi conversion
The abandoned Brompton Road tube station in Knightsbridge has apparently been sold for around £50m to a developer with plans to convert the site into luxury apartments.
Zakay’s Topland moves into the PRS with £11m off-market acquisition
Sol Zakay's Topland Group has made its first foray into the private rented sector (PRS), buying a 24-unit block off-market in Putney for around £11m.
House prices to rise by 5.7% next year as bubble-talk splits opinion – Reuters
House prices will carry on upwards over the next two years, but it's anyone's guess as to whether the Bank of England can "restrain the market if it overheats", according to a poll of 22 top economists…
Winkworth bullish on transaction levels and suburban prices in 2014
Winkworth has revealed what it sees in the property market's tea leaves for next year