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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RIB recruits top Sotheby’s agent in ‘significant’ prime resi push
Longstanding independent firm ramps up resi division with recruitment of high-profile broker & star of Britain’s Most Expensive Houses as head of sales.
In Pictures: New Candy London project in Chelsea seeks £8.595mn
Inside an Elm Park Road townhouse reworked by the world-famous design studio.
In Pictures: Inside eight ‘completely hidden’ new homes on Mayfair’s only private gated street
CBRE and Beauchamp Estates are about to launch sales at Three Kings Mayfair, for JV developers 1.61 London, Urbanwise and Valpre.
Trophy Mayfair block seeks £40mn
Boutique development on Mount Street houses four luxury apartments designed by Rigby & Rigby, plus some retail and office space.
What’s top of the wish list for super-prime tenants & buyers in 2023?
High-end specialists from Savills summarise the key drivers shaping the PCL lettings & sales markets this year.
PCL developer toasts £100mn sales surge
Almacantar reports strong interest from domestic and international buyers across its West End portfolio.
London property consultancy recruits director of private clients
Hamish Bruce has joined Inhous following stints at Marsh & Parsons and Black Brick.
£10mn price tag for ‘spectacular’ Covent Garden penthouse
Rare 3,000 sq ft duplex overlooking the famous Piazza is expected to attract wide-ranging interest.
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Buyer sought for ‘exceptional’ Chelsea development site
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EPCs: an Extremely Problematic Conundrum
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‘Disruptive’ country property agency hits £220mn in sales
Andrew Russell & Ben Bentley's independent firm, The Country House Department, is on course for a 'record' year following a number of big-ticket deals.
‘The sales market is strong,’ says Propertymark as new listings jump 29%
Monthly survey of UK estate agencies shows a bounce in market activity through August.
Small is beautiful for renters in Notting Hill
Agency reports 'surge in demand' for one-beds amongst students and hybrid workers.