Major drop-off in sales of London homes under construction
Central London’s ‘new-build crisis’: Over-supply and falling values are ‘a major concern’
Demand seems to be drying up for new-build apartments in central London as planning pipelines balloon, reports investment house London Central Portfolio, with a worsening case of over-supply - which the…
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
Too Much Luxury: 1.6 new prime homes are being built in London for every one sold
London new-build homes 'will reach record levels in 2017' - but there's an oversupply problem at £1,000+ psf, says Savills
By Prime Resi
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Caudwell brings in Dorchester Collection to manage 1 Mayfair
New agreement 'brings together Mayfair’s two most prestigious luxury destinations,' declares ultra-prime property developer.
By PrimeResi
Agency reports rapid-fire £70mn sales run in Notting Hill
After a subdued start to the year, domestic buyers have sprung into action in W11, says Strutt & Parker's local team.
Brokerage recruits SW London specialist from Savills
UK Sotheby's International Realty announced a 'strategic expansion' into the region earlier this year.
London Square unveils plans for £240mn Chelsea scheme
Assael Architecture-designed proposals involve 42 new homes and a £13mn National Army Museum extension.
Super-prime brokerage reports ‘strong sales with significant deals’ – transacting over £400mn in Q3
International buyers accounted for more than two-thirds of deals handled by UK Sotheby's International Realty.
‘The opportunity was clear’: Behind Maybourne’s expansion into branded residences
COO reveals how the Claridge's operator plans to integrate luxury hotels, homes, and wellness into a highly personalised 'ecosystem'.
Borough by Borough: Charting short supply & rising prices in London’s housing market
CBRE's annual Borough by Borough report reveals a tapestry of local performance alongside over-arching trends shaping the capital's residential market.
By PrimeResi
Fine & Country expands into Holland Park
Ben Madden's West London team has taken on the estate agency brand's licence for the affluent area.
By PrimeResi
Renters’ Rights Bill clears parliament
Letting agents face big changes to accountability & compliance, as rental sector reforms await the Royal rubber stamp.
By PrimeResi
Over half of Shard Place apartments let since May launch
Agents report 'exceptional momentum' at luxury BTR scheme in London Bridge.
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UK buyer swoops on marquee penthouse at boutique Mayfair scheme
Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.
Private island in the Thames heads to auction
Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.
By PrimeResi
Major Irish agency expands with key hires & Knight Frank acquisition
Sherry FitzGerald has bought commercial real estate advisor Knight Frank Ireland, and recruited four senior names from Colliers to its residential business.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Postcard from the Cayman Islands: ‘Lifestyle is as important as investment’
Jeremy Hurst shares his view on the low-tax tropical enclave's developing luxury property scene - partly fuelled by an influx of UK non-doms.
By Jeremy Hurst