‘Significant slowdown’ expected for prime London rents next year
Escalating costs of living and inflationary pressure are likely to slow the pace of prime rental price growth down in the coming months, says Savills - but the firm has still upgraded its five-year price forecasts, as LonRes data tells of drastic slump in activity driven by low supply.
Prime Central London rents set to rise 10% this year, predicts Strutt & Parker
Strutt & Parker has updated its five-year property market forecasts, anticipating a sharp upturn for central London's lettings market as tenant demand outpaces rental supply.
Rents rise in the prime commuter belt but fall in London, as tenants ‘make real lifestyle changes as a result of Covid-19’
Savills has revised its prime rental price forecasts. Prime London rents are now expected to fall by 3% this year, with inflation of +7.6% over the next five years.
Super-prime property market activity hits six-year high in London
“Property’s reputation as an inflation-hedge gives it extra appeal, while the prospect of rising borrowing costs is injecting a degree of urgency into the market across all price points,” says Rory…
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Super-prime agent & social media star launches ‘game-changing’ property brokerage
One of London's best-known top-end agents has set up a 'forward-thinking' luxury property brokerage that 'understands the power of storytelling & digital influence in a new era of property.'
Super-prime developer lines up £225mn scheme in Notting Hill
Valouran continues to build pipeline of landmark projects, unveiling plans for a 'major play' on Westbourne Grove.
John D Wood & Co. recruits Knight Frank’s Kilgarriff to lead Central London Lettings
A senior KF operator has moved to a key role in Polly Ogden Duffy's team at JDW.
West End office building set for boutique luxury resi conversion
Dukelease & BST England have teamed up to transform a handsome period block on Hallam Street into six high-end apartments.
Dexters names new CEO
Estate agency's CFO & Deputy CEO Ash Kashyap steps up to the top job as Andy Shepherd retires.
‘The centre of gravity has shifted’: Ranking Europe’s top-performing luxury property markets through the last decade
Key trends revealed in long-term analysis of Knight Frank's Prime International Residential Index.
Foxtons’ sales revenue jumps 73% to hit a ten-year high
The high-profile agency had a 'very strong start to the year' as buyers scrambled to beat the stamp duty deadline.
In Pictures: ‘One of Ireland’s finest contemporary country houses’ seeks €8mn
Agents instructed on 111-acre estate with spectacular centrepiece & 'unrivalled waterside appeal'.
Dexters reports another 23% revenue jump
Income from the estate agency's lettings business rocketed by nearly a third last year.
Deal numbers pick up in Prime London but ‘uncertainty ahead’
There were some positive signs for the sales market last month, reports LonRes, but the top end is still struggling with rising supply and weaker demand.
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Resi developers ‘pivot’ to grey-belt projects as planning reforms ‘ignite enthusiasm’
Surveys by both Savills & Knight Frank point to rising residential development activity this year, although land values dipped in Q1.