Location: United Kingdom
Abramovich’s unfinished mansion on the market at £70m
Roman Abramovich has put his Lowndes Square uber-project up for sale for £70m, despite it needing an estimated additional £15m to finish it off.
Scale of resi tax avoidance revealed
Unpublished government estimates, obtained by investigative website Exaro, have revealed "about 5,000 residential properties (as opposed to land or commercial property), each worth £2 million or more,…
Changes to Scottish stamp duty proposed
The Scottish government has announced plans to replace SDLT with a new progressive system that would see buyers of higher-value properties paying a significantly higher tax rate.
Super-prime buyers want flats, says LonRes
In a predictable prime central London property market where demand is still strong and supply short, LonRes's Spring Market Report highlights the differences in what buyers want below and above a £2m…
PCL prices hit record high
Knight Frank's latest Prime Central London Index reports that, despite a 10.
Malaysian bid wins Battersea Power Station
Battersea Power Station will be developed by SP Setia and Sime Darby, after the Malaysian bidders beat an estimated 15 rival proposals, including one by Chelsea Football Club to turn the 15-hectare site…
9-10/06/12 – Open Garden Squares Weekend
This weekend is the ever-popular Open Garden Squares Weekend in London, organised by the London Parks & Gardens Trust in association with the National Trust.
Strutt & Parker joins forces with Christie’s
Strutt & Parker today confirmed their affiliation agreement with Christie’s International Real Estate, in a deal that will "leverage Christie's worldwide marketing reach, global auction house exposure,…
Classical Cribs
In this week's interiors briefing, Anna Bastiaenen looks at creating a stylish nursery using some familiar characters.
Zoopla founder Chesterman to lead merged property portals
Alex Chesterman, the founder of Zoopla, is to lead the newly merged Zoopla-Digital Property Group, as it challenges Rightmove for the top property portal position.
‘Government has listened to property industry’s fears’; PwC
PwC and Deloitte have commented on the government's current consultation on a new annual charge on prime resi properties owned by ‘non-natural’ persons, and a proposed extension of capital gains tax.
‘Asians pay more’ claim is ridiculed
Claims that Asian buyers and investors are overpaying for their London property purchases have been ridiculed by agents and developers in Singapore, says Andrew Batt.