Location: United Kingdom
Land values see biggest decline on record as economic downturn bites
A major survey of housebuilders confirms “growing concerns” within the sector over the short-term outlook for the UK economy.
£100mn property portfolio up for grabs in Fitzrovia
West End landlord Shaftesbury Capital is reportedly offloading all of its buildings in the neighbourhood.
Trophy apartment overlooking Hyde Park sold for £19mn
Wetherell has sold another super-prime home in Almacantar's eye-catching London tower; it's the latest in a run of big-ticket apartment deals in the capital.
Cash buyers swoop on PCL trophy homes in summertime super-prime sales flurry
“A successful run of historic trophy house sales in the capital’s prime locations reflects an increasing buyer appetite and confidence," says Noel De Keyzer, Head of Savills Knightsbridge.
Labour rules out new wealth & mansion taxes
"I don't see the way to prosperity as being through taxation," says Shadow Chancellor Rachel Reeves.
Google AI fund backs new UK property search engine
Set up by a trio of Deliveroo execs, Jitty is aiming to 'completely reinvent the home buying experience'.
PCL ‘residents club’ targets out-of-towner tenants amid ongoing rental market mayhem
The Other House launches 'market first' stay-as-you-choose service as an alternative to traditional renting.
Cluttons sets up new London HQ
New base in the City is a 'major line in the sand' for the property firm, says CEO James Gray.
Summer Deal Digest: Nine of the best luxury apartment sales of 2023 so far
As apartment living regains its appeal amongst PCL's elite buyers, PrimeResi picks some of the standout deals from the last few months, from top-spec penthouses to grand period laterals.
PCL developer reports summer sales surge as extreme heat drives demand for cooler homes
Between 30% and 40% of sales at Lodha UK's new project in Kensington now occur in July and August, traditionally two of the company’s quietest sales months.
‘Despite the evident market rectification, there’s an emerging robustness’ – Garrington
Buying agency senses "renewed optimism" brewing for the UK economy and property market.
Why building more high-end homes is good for London
"In general, building new market-rate homes makes other housing more affordable," concludes a recent report by the Greater London Authority.