New-build sales rise across London while unit starts & completions slip
Molior survey shows 4,646 units started construction across the capital during Q3, below 2018's quarterly average of over 4,700 units; 5,825 units were completed over the same period, also down on last year's average of around 5,900
London’s new-build market suffers as starts, completions and sales tumble
Construction starts in London totalled just 3,400 units in Q2, according to Molior, well down on last year's quarterly average of 5,800;
By PrimeResi
Boutique London agency shakes off winter blues with £100m sales drive
Venerable Chelsea-based firm Russell Simpson reports a storming few months, tucking away £90m worth of deals with another £58m under offer...
By PrimeResi
Asking prices rise to ‘within a whisker of a new record’, but sales still struggle
New seller supply 'remains constrained nationally', says Rightmove as we approach the year's halfway point - particularly in southern regions
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Knight Frank names new Senior Partner & Group Chair
Rory Penn is to succeed William Beardmore-Gray at the helm of the global property consultancy in April 2027.
Bentry lines up super-prime play in Hampstead after pre-Budget swoop
Investor-developer sees off strong competition to secure landmark Edwardian mansion for £16.4mn; plans to deliver around 50 top-end apartments as part of grand 'Sandringham-style' residence.
Project London doubles revenue & kicks off international expansion
High-end design studio founded by two former buying agents reports 'landmark' year & gears up to launch Dubai base.
Expanding brokerage signs super-prime Surrey specialist from Savills
Ben Hehir will be based between the firm's Cobham office & Mayfair HQ.
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London house prices to flatline until 2028 as prime markets ‘remain subdued’
Leading estate agency forecasts a property market 'power shift' as the capital's recovery is 'delayed' & regions significantly outperform.
By PrimeResi
Prime Central London price declines to ‘bottom out’ early next year – JLL
UK house prices set for +20% growth in the next five years, predicts leading property consultancy.
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Rare Bayswater development opp sells for £21mn
Former office building came with consent for a 17-unit apartment scheme designed by Ross Alexander Lambie Architects.
High-value sales jump as Budget clarity brings ‘short-term relief’ in Prime London
£5mn-plus exchange volumes were 21% above the five-year norm last month, although PCL prices recorded their steepest annual fall since 2021.
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