PCL property prices to climb 13.5% over the next five years, predicts Savills, as prime markets out-perform
Savills has updated its five-year property market forecasts, predicting price drops in all regions and sectors in 2023.
Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
'We sense increased downward pressure on both prices and activity in the year ahead' for mainstream property markets, says JLL's research chief - 'but we don’t think this is necessarily the path the p…
"We expect to see a very competitive market this year," says Guy Robinson, Head of Residential at Strutt & Parker
Companies in this articleSavills
22 Park Street is currently set up as offices, but proposals are in play to return the red-brick townhouse in the heart of Mayfair village to private residential use.
'Buyers are feeling overwhelmed by news reports and headlines, which are often not fully reflective of the experience many of them are having on the ground,' says Jo Eccles of Eccord.
Daniella Perez Herrera has been managing marketing & comms for the luxury design practice for the last five years.
Residents at the newly-converted No.1 St James's will be able to call on a personal wine concierge, and drink in the views of St James's Palace...
The developers behind some of London's biggest projects have been bringing forward phases to meet demand.
London, New York & Dubai lead the way for HNWI home-buying intentions, reports Knight Frank.
Three architecture teams have been appointed to accelerate the delivery of the first phase of the ambitious Earls Court regeneration project: Sheppard Robson with Serie Architects and dRMM; Haworth Tompkins …
London’s super-prime property market ‘has very much found its feet again’ as transaction levels remain high
Spending on £10mn+ homes in London has reached a seven-year high, leading Knight Frank's Rory Penn to suggest that 'for now, the super-prime market in London has very much found its feet again.'
The revamp of an unmod period piece in Upper Feilde, previously in the same hands for half a century, has set a new benchmark for the well-regarded building on Park Street.
New London Architecture's 'London Centre' will open in the the City of London's Guildhall next year.
Sean Ellis was previously Executive Director of housebuilding giant Berkeley Group.
Planning reform is once again causing headaches for a Prime Minister.