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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Caudwell unveils vision for £2bn ‘palace of residences’ in Mayfair
Pre-launch details and new images reveal what we can expect from the RAMSA-designed 1 Mayfair, including 'the finest triplex penthouse ever unveiled in the London ultra-prime marketplace'
Deals & listings flow for Daggers’ DDRE Global as Netflix fame beckons
Four-year-old advisory starring in forthcoming Selling Sunset-style show now has over £1bn worth of international real estate on its books, with an average listing value of nearly £11mn.
Mayfair on track to hit £15,000 psf & become ‘world’s most expensive address’
Low stock levels will push values of trophy new-builds to record heights over the coming years, forecasts Beauchamp Estates
Hamptons director joins Savills’ country house department
Phillippa Dalby-Welsh continues to strengthen her country house sales team, with fourth big appointment of the year so far.
By PrimeResi
Gove’s leasehold reform plan ‘quietly crumbles’
The Housing Ministry is said to be facing 'fierce resistance from the Treasury' over a proposal to set ground rents at peppercorn rates.
By PrimeResi
New estate agency launches in Buckinghamshire
Domus Partners has been set up by James Courtney and Luke Green.
By PrimeResi
Extraordinary Ibiza mansion seeks €16.5mn
Fresh from a starring role in a Netflix drama, Villa Solstice 'is one of the most incredible frontline villas to come to the market in Ibiza for many years,' say agents.
By PrimeResi
‘Resilience on the Riviera’: Monaco is still the world’s most expensive prime property market
Micro-state continues to punch above its weight on the international stage.
Making sense of Mayfair’s super-charged property market in nine charts
New report lifts the lid on the PCL neighbourhood that's outperforming all others, as agency forecasts further growth & 'landmark' deals in 2024
Savills expands in the Middle East
Seasoned pros brought into senior roles as agency eyes further growth across the region.
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Prime property market shows ‘signs of recovery’ as values ‘turn a corner’
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