Location: United Kingdom
Strong start for Derwent’s Art Deco cinema conversion
Derwent London's redevelopment of a former cinema on Queensway has got off to a flyer, with 50% of the units selling within the first two weeks of launch.
Planning nod for Ransome’s Wharf redevelopment
An application to completely redevelop Ransome's Wharf in Battersea has received the unanimous support of Wandsworth's planners.
Permitted Development Rights fails to deliver as policy deadline looms
Less than 6% of homes approved through Permitted Development Rights in major London schemes of 20 units or more have actually been delivered, according to some startling new findings.
Savills to open up in Aberdeen
Savills has announced plans to open a new office in Aberdeen's West End, offering the full gamut of resi and commercial property services.
FORECASTS: ‘Ugly Betty’ properties, the £2m opportunity, and the rise of rural – Stacks
Property search agency Stacks has canvassed its senior types to come up with a series of mini-forecasts for next year.
Here are some nuggets:
New-build market above £1m to suffer in 2015 as supply increases – Hurford Salvi Carr
City/Docklands/Midtown-based agency Hurford Salvi Carr has been totting up the price movements across its patch during 2014, and come up with an average increase of 4% on the sales side.
‘Mini-boom hits a pause’ as asking prices fall – Rightmove
Asking prices have dropped by 1.7% in the last month, says Rightmove, as the traditional winter slowdown kicks in.
This year has seen prices of new instructions hitting the portal rise by 8.
British Land resi development exposure ‘now below £200m’
Developer British Land has announced pre-tax profits of £1.04 bn in its half-yearly results statement this morning, up from £422m in the same period last year.
A potted history of the mansion tax in quotes (2009-2015)
The idea of a Mansion Tax has been knocking around Westminster with intent for over five years now, since Vince Cable brewed up a scheme in 2009 to make taxation more fair...
London’s prime resi rental market ‘continues to improve’ – Chestertons
Prime rents nudged upwards in Q3, says Chestertons as the firm forecasts a 3% increase for prime London rents next year.
Q3 saw prime rents rise a touch by 0.
Grade II* Minley Manor sparks global bidding war
Carter Jonas has just sold one of Hampshire’s landmark properties for above asking, after receiving bids from all over the world.
Abrahmsohn on the year that was (and the ‘black cloud’ hanging over 2015)
Glentree boss Trevor Abrahmsohn makes sense of a rollercoaster year in the prime property market, and reveals his much-anticipated predictions for 2015...
This year has been divided into a number of segments.