Location: United Kingdom
‘Cities are springing back to life’: Super-prime property sales surge around the world
"We expect super-prime sales to end 2021 on a high," says Knight Frank, as it flags a significant jump in US$10m+ deals across seven major global wealth hubs so far this year.
Competitive bidding pushes Scottish property prices up
“It’s been an extraordinary period and I’ve never experienced anything like it," says Tom Stewart-Moore, head of Knight Frank’s rural business in Scotland.
UK real estate sector ‘continuing to struggle’ despite booming housing market
Nearly 80,ooo firms were classified as being in significant financial distress in Q2.
Letting agents report ‘all-time high’ for tenant demand
Letting agents reported a record number of new prospective tenants per branch in June, according to Propertymark.
Estate agency chief & institutional adviser team up to launch new investment brokerage
Tim Van der Schyff and Nina Elliott’s new venture will cater to ‘sophisticated investors’
London buyers are paying 91% of asking prices, on average
Capital-wide figure in Q2 was up 6% on Q1
‘Revised’ Lillie Square bulk deal goes through at £38m
Previously announced sale of 49 units at £66m has been ‘restructured’
‘We see nothing on the horizon that would trigger a major house price correction’ – Savills
Savills has upgraded its 2021 UK house price inflation forecast, bumping it from 4% to 9% - although the five year outlook remains largely unchanged from March's predictions, with research chief Lucian…
Bankside Yards to be UK’s first 100% electric major mixed-use development
Native Land's £2.5bn five acre development on London's South Bank aims to "set a new benchmark for sustainability in large, mixed-use regeneration schemes."
House prices are rising at five times the rate of flat prices
Zoopla's research chief Grainne Gilmore expects property price inflation to continue to accelerate in the coming months, "peaking at around 6%, before falling back to between 4%-5% by the end of 2021.
Competition heats up for sites as developers look to replenish their pipelines
Greenfield opps are in particularly high demand, sending values soaring by over 9% in the last year.