Main image: Top - Aerial view of the former gasworks on Imperial Road, Fulham; Bottom - The site today, now called Chelsea Creek
Profits holding up despite a 35% slump in reservations, reports Berkeley
FTSE 100 housebuilder has blamed "The complexity and protracted nature of the current planning system and lack of clarity surrounding certain regulatory changes" for a dearth of new land acquisitions.
Winkworth reports ‘a slower sales market but ongoing strength in lettings’ as profits slide
Estate agency's pre-tax profits have slumped by 24% compared to last year, while total revenues are down 5%.
Savills profits slump as ‘obvious challenges’ hit global real estate activity
London-listed international real estate consultancy has seen pre-tax profits fall from £50.4mn in H1 2022 to just £6mn in H1 2023. But Prime Residential markets "have remained relatively buoyant".
Winkworth warns on profits as sales revenue drops 20%
"Property prices have held up reasonably well but transactions have slowed, leading to a high number of agreed sales being delayed to the second half of the year," says leading estate agency.
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Knight Frank cuts house price forecast; PCL set for -4% drop this year
'A combination of high supply & faltering confidence means we now expect slower UK house price growth this year & in 2026,' says research chief Tom Bill - with prime markets set for sharp declines.
London property ‘no longer a safe bet’, warns top wealth manager
'The London property boom is well and truly over,' declares Rathbones
‘A market in transition’: Inside London’s evolving luxury resi development scene
New report reveals how policy, branding & global demand are reshaping the next phase of the capital’s ultra-prime development cycle.
Super-prime St John’s Wood mansion finds a buyer
Trophy home on Hamilton Terrace sold 'within a few months' of being listed at £20mn.
Indie estate agency Wilfords branches out in SW London
Boutique firm adds to its growing network with a new base close to Clapham Common.
Super-prime Notting Hill development opp seeks £12mn
Buyer sought for standout freehold property with "one of the most ambitious planning consents in the area".
‘A fundamental reshaping of the global wealth landscape’: Europe re-emerges as a prime destination for the super-rich
'What we’re witnessing is more than just a demographic shift,' says Knight Frank, as the firm reveals who is buying what, where, and why...
International luxury brokerage launches, promising ‘a new era of property marketing’
Led by former Nest Seekers boss Daniel McPeake, London-based Aperture Global UK wants to 'set a bold new standard for how prime properties are represented.'
Behind the Schemes: Crafting a family-friendly pied-à-terre at Chelsea Barracks
Rebecca Hughes Interiors lifts the lid on a recent project for a returning client at the super-prime scheme in SW1.
£10mn price cut for trophy Knightsbridge penthouse
Ultra-prime residence at The Knightsbridge has been relaunched at £70mn.
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Unanimous approval for luxury developer’s ‘transformative’ new Queensway scheme
Vabel's second project in Central London's most up-and-coming address will deliver 94 new homes opposite The Whiteley.
New name on the luxury development scene targets north London sites
Gracie Group launches with a £550mn portfolio & ambitions to expand across the capital.
W-branded apartment sets new Manchester price record
£3.5mn unit at ultra-luxe scheme achieved the highest per square foot rate ever recorded in the city.
Super-prime building firm appoints trio of new directors
Phin Isles, Philippa Waldron & Charlie Ellis have all stepped up as directors at London-based CC Construction Group.
Winkworth sales revenue jumps 27%
Estate agency boss is 'delighted' with the latest interim results.