Profits plunge for Dubai’s Damac
Luxury property developer's profits record an 87% fall in Q2, but the company "remains financially robust"
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Grosvenor revenue profits halve; GB&I out-performs as European business swings to a loss
Dramatically lower numbers from 2018 to 2019 are "in line with expectations," says Grosvenor Group, and follow "deliberate decision[s] to accelerate UK asset sales pre 2016 and reduce [the] international…
Sobha’s PNC Menon on London, Dubai, Brexit & building a global luxury property empire
INTERVIEW: PNC Menon has built an international luxury real estate empire that's currently developing a vast swathe of prime Dubai, and has recently launched a flagship global studio in Mayfair.
London luxury property firm inks £127.5m Qatari development deal
Mayfair-based luxury property developer Fenton Whelan has signed a massive development deal to build a new British private school campus and a healthcare facility in Qatar.
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Tycoon weighing UK exit looks to offload luxury PCL properties
£18mn-plus Knightsbridge flat goes up for sale, along with other homes in Mayfair, Kensington and Chelsea, as entrepreneur says ‘there’s just no point in being here’.
£33k-a-week Mayfair mansion leads run of blockbuster London rental deals
Mount Street and One Hyde Park mega-lets mark five-year highs as capital's luxury rental supply shrinks.
Broker lands stellar £18mn instruction in SW London
Grade I-listed Richmond observatory - now a super-prime residence - was originally built for George III to watch the transit of Venus.
The £100k Mistake: A top buying agent on what prime property buyers need to know about AI
The real value of a good advisor is in judgement & knowledge of things beyond data, says Property Vision's Rob Fanshawe.
Industry Panel: How 15 prime resi leaders would redesign England’s property tax system
Exclusive PrimeResi survey finds most respondents favour shifting the tax burden away from transactions and towards property ownership - but opinion is split over abolishing SDLT altogether.
£11.8bn development wave to reshape West Kensington’s market
New research makes the case for a West Ken renaissance, as a trio of major development projects look set to redraw the local map - and hike property values.
How super-prime apartments played a key role in London’s £1bn Peninsula
HSH’s accounts reveal just how important the luxury resi element became to the landmark Hyde Park Corner project.
New homes specialist returns to Savills
Resi development sales consultant rejoins after three years with other agencies.
Well-known London agency adds two more self-employed brokers
Olia Sequeira & Victoria Peters sign to the 68-year-old brand.
Treasury eyes £1.5mn mansion tax threshold as Budget rumours gather pace
UPDATED: Reports suggest Treasury is considering widening the HVCTS net, potentially hitting nearly 300,000 homes.
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