Luxury projects put London at the top of the global construction cost league
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Resi projects ‘driving growth’ in the construction industry
Residential projects are still leading the construction industry's growth, with 37% of all contracts awarded in July going to housebuilding.
By Prime Resi
Construction activity escalates in London (but what’s happened to the planning pipeline?)
The number of units under construction in central London has hit record levels, reports JLL. The current figure of 30,700 is up 8% on H2 2014 and 18% in the last year.
By Prime Resi
Building Prosperity: The economic contribution of Central London’s construction industry
The City Property Association and Westminster Property Association, which represent some 400 of the capital's top owners, developers and investors, have released a "groundbreaking" report on what the…
By Prime Resi
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Brokerage pulls off £48mn Belgravia hat-trick
Big-brand agency defies tough market conditions to complete three super-prime deals in as many weeks, as younger international wealth turns its attention to one of PCL’s traditional strongholds.
Strutt & Parker recruits PCL heavyweight to head Knightsbridge & Belgravia office
Jonny Fieldman has moved from Knight Frank to lead Strutt's Sloane Street operation, as the agency continues a high-level hiring spree in the capital.
By PrimeResi
Knight Frank adds four more London brokers to affiliate network
Latest recruits take on key patches across South West, West and North London as agency presses on with rollout of its US-style broker model.
‘The industry is changing dramatically’: Russell Simpson’s Bertie Russell on growing the family business & the future of prime agency
INTERVIEW: PCL agency boss discusses carving out a place between the corporates and brokers, pushing into new prime London markets and keeping the boutique edge.
£13mn Wentworth trophy home sparks competitive bidding
Agency reports ‘robust’ demand for best-in-class homes as British buyer snaps up standout new-build residence on the exclusive private estate.
Savills profits jump 47% despite UK resi slowdown
Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.
By PrimeResi
London’s super-prime market goes into summer recess
Latest LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.
Malins Group rolls out private client arm
Property group launches new division for owners restoring, remodelling and creating ‘exceptional’ homes.
New price benchmark set at Marylebone scheme
Warwick Investment project nears sell-out after one-bed pad achieves more than £2,000 per sq ft.
Big London agency reports 22% drop-off in buyer registrations
Chestertons flags steepest annual fall in prospective buyers since last November amid political and tax uncertainty.
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£500mn RBKC scheme ‘back on track’ after Ardmore collapse
Construction restarts on 462-home project under new main contractor as developer reports nearly £40mn of early off-plan sales.
Regent’s Park trophy home hits the market at £15mn
Grade I listed residence comes with views over the park and its famous boating lake - and towards one of the most expensive properties ever sold in the UK.
Deal sealed on £15mn Claudio Silvestrin-designed Hampstead villa
The near-8,000 sq ft LA-style residence, described as the ‘epitome of minimalist cool’, went to a European family relocating to London.
Required Reading: Government rewrites planning rulebook
The revised National Planning Policy Framework has landed, heralding some significant changes to England's planning regime. Here's what prime resi professionals need to know...
By PrimeResi
‘A good day for planning reform’: Karen Charles on the new NPPF
The new National Planning Policy Framework 'offers the first complete overhaul of the way national planning policy is structured,' says the Boyer chief and planning expert.