Location: United Kingdom
Chinese heiress rents high-profile Mayfair mansion for £1.55m a year
Billionaire’s daughter lays down record £3.1m deposit and signs up to pay £130k a month after seeing K10 Group’s Culross House appearance on a reality television show.
Fairway tees up another PCL acquisition drive
PCL-focused resi fund has so far bought ten properties in Belgravia and Knightsbridge with a combined value of £70m, and is now looking to deploy another £50m.
Grosvenor sells prime Mayfair block with penthouse planning
City-based asset management firm London & Oxford has acquired a prime resi block in Mayfair from Grosvenor, paying c.£11.5m for the freehold interest.
RBKC gets tough on owners of empty homes
Council to trial the use of Empty Dwellings Management Orders and forceable sales in ‘severe circumstances’.
Off-market activity ‘has been continuing at a cracking pace’ in Scotland
"While a superficial look at the current market might suggest an ongoing lack of supply, activity under the radar has been continuing at a cracking pace," writes Jennifer Campbell of Scottish property…
Sales volumes could soar by 50% this year, predicts Mayfair agency
Wetherell expects competition to heat up as the international market returns.
Eccord bolsters property management team
Chestertons' Aisha Ahmed joins Jo Eccles' recently rebranded firm, which now looks after £1.5bn worth of properties across PCL.
Foxtons bids to buy Douglas & Gordon
Foxtons has confirmed that it is in discussions to buy rival London estate agency chain Douglas & Gordon.
Raft of new hires at Battersea Power Station
New estates director brought in from Landsec as £9bn scheme reaches ‘pivotal moment’.
Euroterra Capital offloads Paddington apartment block
PCL developer and investor finalises another chunky deal in W2, selling 5 Queen’s Gardens to a private buyer for £6.5m;
Chestertons claims biggest market share in Prime London
Agency says it was behind nearly 12% of the deals done in Prime London in 2020, as revenues rise for the fourth year on the trot.
Deal sealed on £10.5m Belgravia townhouse
Six-bed end-of-terrace near Belgrave Square was once designed by Candy & Candy.