Rise of the Renters: Yields tighten as PRS sector blooms
Zakay’s Topland moves into the PRS with £11m off-market acquisition
Sol Zakay's Topland Group has made its first foray into the private rented sector (PRS), buying a 24-unit block off-market in Putney for around £11m.
By Prime Resi
How have prime residential yields performed in the last 12 months?
As we discovered in the recent English Housing Survey, there's been a significant and sustained shift towards renting over home-ownership, with England's Private Rented Sector doubling in size in the…
By Prime Resi
£2.85bn “wall of money” for the private rented sector
Jones Lang LaSalle is predicting a whopping influx of funds into the private rented sector this year, estimating that £2.85bn is being targeted at Britain's PRS from UK and overseas client funds.
By Prime Resi
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Luxury brokerage drafts trio of seasoned Central London agents from Savills
Mayfair-based property firm confirms more high-profile signings & trails its 'next phase of growth'.
One dollar millionaire leaving the UK ‘every 45 minutes’
Government under more pressure to rethink non-dom crackdown as research reveals scale of HNW 'exodus'.
London Square picks up prominent Ransome’s Wharf site opposite Chelsea Embankment
Property developer continues its dramatic run of prime London site acquisitions since becoming part of Aldar in late 2023.
By PrimeResi
In Pictures: A-list-approved Caribbean estate asks $39mn
'Legendary' villa at Amanyara in the Turks & Caicos Islands is the most expensive listing in the region right now.
Peak Luxury: Four Seasons penthouses to go on sale in Gstaad
Global hospitality firm appointed to manage 'iconic' property in glitzy Swiss ski resort.
In Pictures: Chelsea Waterfront’s Powerhouse reaches completion
Painstaking 15-year project has transformed a century-old SW London landmark into a striking new luxury apartment scheme.
Carter Jonas installs national resi sales boss
Dominic Bruneau will oversee the agency's network of 14 resi sales teams across the UK.
In Pictures: On the market for the first time in 700 years, seeking £21mn
Ripley Castle in Yorkshire has been home to the Ingilby family since the early 1300s.
By PrimeResi
Grosvenor sells massive stake in Mayfair to Norwegian wealth fund
Norges Bank Investment Management has taken a 25% stake in a £1.2bn property portfolio around Grosvenor Street and Mount Street.
By PrimeResi
‘Innovation in services & amenities will become increasingly essential’: On the future of branded residences
As the branded resi sector continues to grow at a remarkable pace, Michele Galli of The One Atelier explores what’s driving the evolution and resilience of this luxury niche.
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‘Landmark’ year for Sobha Realty as sales top £5bn
UAE-based luxury property developer reports year-on-year growth of over 50% & trails global expansion plans.
US tech firm swoops on community engagement platform Commonplace
Zencity doubles down on UK market with acquisition of place-based engagement 'pioneer'.
Leasehold overhaul edges closer as Minister signs-off first step
Matthew Pennycook has signed regulations to 'remove the two-year ownership rule for leaseholders of flats to extend their lease, and leaseholders of houses to extend their lease or buy their freehold.
By PrimeResi
‘We are likely to remain in a buyers’ market in the coming months,’ says national buying agency
'Buyers have a will and a way to buy a property, but not at any cost and they remain price sensitive,' says Garrington.
By PrimeResi
Knight Frank completes digital client portal rollout
Agency adds suite of online tenant & landlord functions as part of latest CX upgrade.