Slow demand causes PCL rent drop
Weakness in PCL demand ‘to continue until at least September’
Six weeks on from the election and the capital's supply and demand levels remain way off-kilter, according to these reports from buying agents on the prime front line...
By Prime Resi
Corporate and overseas demand fuels Home Counties rent rises
Nearly half (47%) of new tenancies sorted out by Knight Frank in the Home Counties between April and June were to international tenants, as the firm's latest rental index shows Home Counties rents rising …
By Prime Resi
UK buyers return to PCL with a vengeance
2011/2012 Buyer Nationality in Prime Central London (source Hamptons International's Buyer Index)
By Prime Resi
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Top-end property agency to open flagship Mayfair showroom as new owner looks to ‘transform’ luxury market
UK Sotheby's International Realty is rolling out some 'transformative' changes - including three new high-profile locations - designed to 'reshape the way exclusive real estate is bought, sold & rented'…
Shell and core penthouse picked up in sales surge at luxury Westminster scheme
11 units were sold in a seven-day, £32mn flurry at Northacre's The Broadway.
Bayswater ‘well on the way’ to catching up with its prime London neighbours
Values are on the rise in the neighbourhood to the north of Hyde Park, along with its profile, as a trio of 'game-changing' schemes take shape.
JLL buyout creates new estate agency
JLL's offices in Manchester, Leeds and Liverpool are now operating as 'Kingsdene', following a buyout by Louise Emmott, Oliver Dolan and Lynsey Smith.
By PrimeResi
Chestertons recruits Foxtons’ Ops Director to lead Kensington sales
Seasoned PCL estate agent Ian Barrett has moved from Foxtons to Chestertons on Kensington High Street.
By PrimeResi
‘One of the capital’s finest residences & a piece of British history’: Ultra-prime Winch-designed penthouse unveiled at The OWO
Buyer sought for 7,700 sq ft 'jewel in the crown' at reworked Whitehall landmark.
DDRE Global signs super-prime specialist from Knight Frank
Former KF partner Jessica Bishop is the latest name to join Daniel Daggers' brokerage-style firm.
American family rents Hampstead ‘castle’ for £250k pa
Estate agency reports a flurry of high-value deals involving American money, including a tenant who paid nearly quarter-of-a-million pounds up-front for this Windsor Castle-inspired home in London.
By PrimeResi
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Who run the world? Global luxury property market ‘is undergoing a significant transformation’ as demographics shift
More than half the world's luxury homeowners under 35 are women, according to a new survey.
By PrimeResi
‘Storm clouds are gathering’ for the property market, warn surveyors
Surveyors are reporting a 'less downbeat pessimistic trend' - but the spectre of more interest rate rises means the market may chill further.
By PrimeResi
Wealth managers are ‘politically biased, ethically compromising & failing clients’, argue industry insiders
'It is clear that the private wealth industry has to change and to modernise in order to meet the expectations of its own staff and clients, as well as those of society more broadly,' concludes the Progressive…
By PrimeResi