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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DDRE trumpets ‘instrumental’ year as Netflix fame helps transactions top £320mn
Daniel Daggers' high-profile brokerage DDRE Global updates on a year of big growth, and says there is 'so much more to come'.
In Pictures: REDD launches ‘world-class’ luxury resi scheme in Mayfair
Top-end project on Charles Street broke the £5,000 psf barrier during a successful off-market sales phase.
US & Middle East super-rich behind nearly half of £20mn+ London property deals
American & Gulf billionaires dominating PCL's trophy home market, with UK buyers making up just 10% of top-end deals, survey reveals
Evolving expectations & industry disruption: Andrew Deverell-Smith on the changing landscape of talent in the prime resi market
Real estate recruitment guru reveals what top candidates in the residential sector really want, and how the major property agencies are adapting their strategies amid a surge in independent operators.
Native Land promotes Gray & Clarke to executive directors
Nicholas Gray & Dan Clarke join the board, taking on key roles as the major developer drives portfolio expansion.
Lodha toasts ‘landmark’ year for super-prime Kensington scheme
Over 80% of first phase at Holland Park Gate now sold; recent flurry of high-end transactions included a £12.95mn show residence designed by Studio Lodha.
NPPF 2024: Eight key planning policy changes & points of note
Savills highlights important changes to the National Planning Policy Framework affecting housebuilders in England, following the government's 'landmark overhaul' of the planning system this week.
By PrimeResi
How rising private school fees are redrawing the country property map
Labour's move to introduce VAT is already having a knock-on effect on families' requirements and decision-making, reports buying agent Emma Seaton.
By Emma Seaton
Buyer snaps up historic mews house in Marylebone Village
The Grade II listed property was being sold on behalf of the Howard de Walden Estate.
2025 outlook ‘uncertain’ after sharp decline in Prime London deals
Post-Budget slump in exchanges 'suggests momentum isn’t building convincingly yet', reports Knight Frank.
LATEST ARTICLES
NPPF 2024: Eight key planning policy changes & points of note
Savills highlights important changes to the National Planning Policy Framework affecting housebuilders in England, following the government's 'landmark overhaul' of the planning system this week.
By PrimeResi
Property market sentiment has ‘softened’ in the last few months – Savills
Infography: A survey of the property consultancy's clients reveals a more downbeat outlook amongst home buyers, sellers & investors.
By PrimeResi
Chestertons Global targets expansion to 30 countries by the end of next year
Estate agency network is eyeing 'emerging and frontier markets' including India, Australia, Portugal and Iraq.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Extell & Four Seasons team up for top-end alpine project
New resi & resort offering will be North America's first new luxury alpine village in more than forty years.