Location: United Kingdom
Long-term annual price growth in Prime Central London stands at 9%
The average property price in prime central London breached £1.5m in 2013, hitting £1,543,102 at the end of November after "robust" but "unremarkable" annual growth of 12.
Big annual rise in tenancies but void periods “creeping in” – W.A.Ellis
PCL agency W.A.Ellis has reported a beefy 50% leap in the number of tenancies it agreed last year (compared to 2012), although rents only increased by 2.8% overall (0.4% less than than in 2012).
Property market confidence hits four-year high
Homeowners are, apparently, even more bullish about house prices than most property "experts", forecasting a 7.
Masterpiece London: 26 June – 2 July 2014, Royal Hospital Chelsea
That annual things of beauty parade, Masterpiece London, is limbering up for the fifth time, with over 90% of last year's exhibitors coming back for more.
160,000 sq ft resi tower planned for London Bridge
Plans for a Renzo Piano-designed 27-storey resi tower right next to the Shard are being unveiled today at a public consultation and exhibition.
How to design a super-prime spa
If you are going to take the plunge and include a spa in your new scheme, make sure you thoroughly understand the target audience and do it properly, says Sheila McCusker...
A recent project in Belgravia
Blanket HS2 compulsory purchase letters cause “a great deal of anxiety”
15,000 home-owners have apparently been sent a letter that suggests that their properties will be subject to a Compulsory Purchase Order to make way for the HS2 rail link.
Demanding Times: Ten buyers chasing each property for sale – Countrywide
Demand is outstripping supply by a factor of ten, as an average of 9.7 buyers chased each property for sale in November, according to Countrywide.
That's up from 8.
Executive role for D&G’s Ed Mead
Douglas & Gordon's Ed Mead is taking on a new role as Executive Director of the agency.
Mead. D&G front man, FRICS, PrimeResi contributor
RICS launches new residential forum
RICS London is launching a residential forum to complement its existing Commercial Property Market Forum, and has made a couple of "important new leadership appointments" to make it all happen:
Objects of Desire #2: Trophy property and the headless investment
The heart over-rules the head for many buyers of 'Billionaire Property' says Stephen Rees, Head of Real Estate Advisory at Coutts, in the second part of the bank's Objects of Desire report into passion…
Strong finish for D&G as December activity spiked
December kicked right off in Douglas & Gordon's patch, with a 50% increase in the number of properties hitting the market, a 20% jump in new buyer registrations and a 40% hike in the number of offers received.