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Major housebuilders agree £2.5bn merger
The deal will help 'accelerate delivery of homes this country needs,' declare the two property developers, which generated £7.5bn in revenues last year, but which both saw completions and revenues decline in the second half of 2023.
Major housebuilders go on recruitment drives to ward off Brexit shortfall
Galliard and Weston Homes are looking to recruit nearly 500 new staff between them; warn that Brexit is having 'a huge long-term impact on the London and wider UK construction industry'
By PrimeResi
Berkeley bosses ‘were accused of engaging in years of bribery with a partner at a major estate agent’
The Guardian reports that old court documents allege that Berkeley's chief "consistently engaged in bribing one of the partners in a major estate agency"
By PrimeResi
Knight Dragon names new CEO
Richard Margree is retiring from the Greenwich Peninsula developer.
By PrimeResi
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Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
Nobu plots first rural retreat with branded residences in Rutland
Luxury hospitality brand teams up with 185-acre English country estate for hotel, members club and residential concept.
By PrimeResi
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
Jo Eccles: Overconfidence is costing buyers in the core market
Eccord's MD runs through three key themes in the PCL market this month, including a disconnect between buyer expectations and reality - and why it's becoming harder to correctly interpret pricing.
By Jo Eccles
The London Broker signs high-profile ex-Sotheby’s director
Lee Koffman joins expanding platform after more than 30 years in prime London agency, becoming TLB’s first broker hire since Harding Green deal.
Knightsbridge townhouse with Royal connections & Versailles-inspired interiors seeks £8.25mn
Selling agents say this former sculptors' studio 'has the potential to be one of the finest residences in Knightsbridge.'
By PrimeResi
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Big-ticket London home sales slide by over a third as caution returns
Latest data: Savills says wealthy buyers are retreating towards the capital’s traditional golden postcodes, with geopolitical jitters weighing on activity.
Buying agency Black Brick boosts team with trio of hires
Former Prime Purchase director Alex Oliver is among three new additions to the firm’s London-based operation.
‘Defined by caution & tight viability’: How the resi development landscape has shifted this year
Housebuilders started 2026 with some optimism, reports Oliver Knight, but that 'proved short-lived' in the face of global uncertainty, rising construction costs and escalating interest rates.
Grosvenor reports ‘muted’ returns in 2025 despite ‘strong performance’ in the UK
Property company's North American operations struggled while London out-performed last year.
By PrimeResi