PCL developer reports summer sales surge as extreme heat drives demand for cooler homes
Between 30% and 40% of sales at Lodha UK's new project in Kensington now occur in July and August, traditionally two of the company’s quietest sales months.
What to read next
Islington scheme hits 50% sales milestone as demand ‘exceeds expectations’
Bentry Capital claims Angel Village is now the 'fastest-selling' resi scheme in Zone 1, with more than half of the first-phase homes sold.
Gulf buyers behind one in three £5mn-plus PCL sales – Beauchamp
‘There has been an eagerness to get deals over the line,’ reports luxury agency, confirming a £75mn flurry of transactions across top-end schemes in Mayfair & Bayswater.
Early sales boost Nobu-branded scheme in the Caribbean
UK-based firm The London Broker is involved in the sales effort at The Beach Club Barbuda, where construction is about to begin on the first of the luxury residences.
Companies in this article
LodhaMost read
‘The penny has dropped’: London’s supply of supersized apartments is drying up
‘Signs of urgency’ emerge around the capital’s top schemes as new figures reveal how Westminster’s size limit is reshaping the super-prime landscape.
Savills completes £170mn townhouse run at Chelsea Barracks
Contracts exchanged on £40mn Banda-designed residence, rounding out sales at Mulberry Square.
‘New strategy’ drawn up for 15,000 sq ft Belgravia trophy
Three-building spread could be transformed into one of PCL’s most valuable private residences.
£12.25mn Chester Square townhouse finds buyer after agency switch
Boutique firm seals super-prime Belgravia deal after two previous agents had marketed the property.
Billionaire financier quits UK tax residency – but keeps massive Wiltshire mansion restoration project
One of Britain’s biggest taxpayers is reportedly relocating fiscal affairs overseas.
By PrimeResi
Green light for £2bn Vauxhall Square mega-scheme
Pilbrow & Partners' 69-storey Vauxhall regen project squeaked through Lambeth's Planning Committee.
By PrimeResi
Six months to challenge mansion tax valuations
Fresh details emerge on HVCTS roll-out as HMRC drafts in 300 extra staff, with up to 200,000 homes potentially in scope.
Social Circuit: LA London toasts 45 years at end-of-summer party
More than 200 property and design names gathered on the architect’s London Bridge rooftop for its annual industry bash.
Agency reports biggest month for country house exchanges since 2022
After a dry few years, Strutt & Parker heralds 'a return of confidence in decision making for both buyers and sellers.'
By PrimeResi
Philip Harvey: What’s really driving global wealth flows in 2026?
Property Vision’s senior partner on the return of Dubai expats, the rise of the ‘certainty premium’ and where mobile wealth is heading next.
LATEST ARTICLES
Industry Reactions: Official data shows sharpest London price falls since January 2024
July's UK House Price Index recorded a third month of slowing house price growth at the national level.
By PrimeResi
Winkworth profits hit by mounting legal bill as sales revenues dip
Listed estate agency reports 'resilient' underlying trading performance.
By PrimeResi
$200mn-backed property platform buys luxury Dubai brokerage
Former Foxtons agent’s firm acquired ahead of launch of new international high-end brand.
The price of perfection: ‘Immaculate’ PCL rentals command 31% premium
New analysis digs into the landlords, tenants and changing economics of the prime lettings market.
Important Midlands country seat offered ‘lock, stock & barrel’ for £18mn
The Grade I-listed Leicestershire estate and former hotel has a 600-year pedigree and Capability Brown-designed parkland.
By PrimeResi