Resi development land prices ‘likely to be more subdued’

"The unexpected political certainty has helped to fuel a post-election price surge," says Rightmove, as average asking prices on the portal have jumped by nearly 3% in a month.

CBRE has been ploughing more investment into its burgeoning resi business; the firm has significantly strengthened its lettings capability in the capital with a raft of new hires. James Thornett

The Clarges Estate, Mayfair British Land has entered into a corporate agreement to purchase a vast swathe of Mayfair, including Clarges House, 6/12 Clarges Street and 82/84 Piccadilly for £129.6 million.