New-build home deliveries sink by 15-20%, but development land buying activity remains strong
Savills saw more new-build homes reservations in Q3 this year than in any previous quarter on record, while development land buyers focus on smaller sites.
New-build homes now account for over a third of London’s super-prime property sales
Resilient demand in the face of uncertainty has boosted new developments' £10m+ market share from 18% to 34% in the last two years, reports Knight Frank, as the super-rich prioritise security and hotel-grade …
By PrimeResi
New-build demand is running high, but completions are likely to dip next year
Zoopla has launched a new Housebuilder Hub, which collates the data and research for housebuilders.
‘Far less frenzied’: Buying agency reports a ‘wind of change in the air’ for the property market
The property market is "far less frenzied" than it has been over the last year, says national buying agency Garrington, although prices continue to rise and buying activity continues to be "robust"
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Savills announces latest raft of promotions
'The fact that we remain number 1 agent in the UK for sales above £500k is, to me, proof that our people development strategy is working', says UK resi boss Andrew Perratt.
Boutique agency expands with double acquisition in west London
Wilfords swoops on firms in South Ken & Notting Hill and eyes further targets in SW London.
Mayfair agency seals another super-prime deal as local market ‘booms’
Luxury Arts and Crafts townhouse on Aldford Street finds a buyer, following sale of £25mn former embassy on nearby Park Street.
Profits plunge at Savills as global property markets ‘normalise’
Global property consultancy reports a sharp contraction in revenue and profits, but Chief Exec Mark Ridley suggests 'most markets appear to be past the moment of peak uncertainty.'
By PrimeResi
New 42-storey tower promises to ‘put Earls Court onto London’s skyline’
The first phase of the long-playing 40-acre West London regeneration project will feature a striking 'sustainable beacon', a 4.5 acre public park, and up to 1,000 new homes.
By PrimeResi
Savills recruits JLL’s Dowling to lead Cheltenham team
Ken Dowling was head of JLL's Kensington office, but has now moved to the Cotswolds.
By PrimeResi
In Pictures: Inside a 10,000 sq ft Notting Hill super-home, asking £21mn
Remodelled 1850s villa has its own wellness centre and space for an art gallery.
Five Minutes With: Makoto Fukui of Schroders on delivering a super-prime build-to-rent scheme in PCL
'London is slightly playing catch up to the rest of the world when it comes to luxury BTR,' says fund manager for The Knightsbridge Estate.
Mixed-use Mayfair gem changes hands
Freehold building on Albemarle Street trades for the first time in over 20 years as deals continue to flow in the exclusive neighbourhood.
Buyer swoops on Aston Martin penthouse with bespoke DBX included
Final Sky Penthouse sold as top-end branded scheme in Miami nears completion.
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UK Sotheby’s International Realty recruits two north London specialists
Lee Greenfield & Josh Holder will be operating from the agency's recently-opened base in St John's Wood.
Prices & sales slip in Prime London but market still ‘operating normally’
'Discounts, reductions and time on the market are all broadly in line with long-term trends,' reports LonRes.
RICS launches ‘pioneering’ best practice standards for residential retrofits
Fresh guidance aims to 'revolutionise retrofitting practices across the UK.'
By PrimeResi
Boutique development opp hits the market in Hampstead
Rare project on Netherhall Gardens has scope for a 17-unit scheme with a GDV of £27mn
Ranked: England’s top ten most expensive house names
What's in a name? Savills investigates, and puts a price on it.
By PrimeResi