PCL prices fail to stabilise; volumes continue to slide
Prime Central London transaction levels are now almost 50% lower than they were five years ago, reports Strutt & Parker, while prices ended 2018 at the lower end of the forecast; agency manages to buck trend with volumes up by over a quarter
Property prices continue to climb as supply fails to meet demand
The number of new sales and lettings instructions fell back sharply in April, according to the RICS, while demand continued to rise.
By PrimeResi
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
By PrimeResi
PCL Market Snapshot: ‘Recovery mode’ continues as sales & rental prices bottom out
Price declines are bottoming out as transaction numbers pick up, says Knight Frank - and there's even been some price growth in the £5m-£10m bracket...
By PrimeResi
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Strutt & ParkerMost read
Super-prime specialists join ‘London’s original brokerage house’
The London Broker signs ex-Lodha star Philippa Bromley-Martin & Cannes-based luxury specialist Jez Moore as platform expands internationally.
‘This isn’t just an expansion – it’s a transformation’: US mega-brokerage Douglas Elliman goes global
Major-league luxury real estate brand sets sights on Europe & beyond; high-profile alliance with UK-based Knight Frank 'mutually concluded' after 15 years.
John D Wood & Co adds five-branch agency in SW London
Well-known firm with operations in Battersea, Balham, Fulham & Clapham joins prime agency's expanding 'family of brands'.
PCL dealmaker Harvey Cyzer on the state of play in Mayfair’s property market
The headlines may be bleak, but sales revenue at OB Private’s Mayfair office is up 228% year-on-year - so are smart buyers seeing what others aren’t?
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Global buyers drive $115mn bidding at luxury property auction in London
High-value villas, ranches and vineyards were among the offerings at the latest Concierge Auctions event, held last week at Sotheby's London.
Rhodium brings in former LVMH director for global branded residences push
Luxury sector heavyweight Pierre Mallevays joins Dean Main’s super-prime firm as Strategic Advisor, as it eyes more international growth.
Ex-Knight Frank partner to head sales at Jefferies London
John White has joined Damien Jefferies' expanding prime property brokerage after ten years at Knight Frank.
‘Radical’ Grosvenor Square revamp gets underway
Grosvenor promises year-long landscaping works 'will radically transform London’s second-largest garden square into an immersive woodland experience.'
By PrimeResi
Boutique London developer targets European expansion
Alex Macaulay's Kinland has lined up luxury schemes in Portugal & the French Alps, after delivering two sell-out projects in South London.
Long-running RBKC agency launches ‘flagship’ HQ in South Ken
tlc Estate Agents is also revamping its former home in Earl's Court. 'We are honouring our heritage while stepping confidently into the future,' declares COO Samantha Hossack.
By PrimeResi
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Barclays Private Bank: ‘Five signs the tide may be turning for London’s prime property market’
'The outlook remains varied,' bank tells HNW clients, but 'there are clear signs that interest is picking up at the top end of the London property market.'
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Christie’s International Real Estate adds more Caribbean coverage
New Anguilla venture will be led by veteran broker Dominique Silvera, also the founder and chairman of CIRE Barbados.