Slow growth predicted for development land values as building costs climb
"Developers will need to absorb new costs, and tighten margins in order to secure sites in what we expect to continue to be a competitive market," says Savills' head of regional development.
Development land values recover as activity picks up
PCL development land value are still down at 2013 levels, despite rising in Q3.
New-build home deliveries sink by 15-20%, but development land buying activity remains strong
Savills saw more new-build homes reservations in Q3 this year than in any previous quarter on record, while development land buyers focus on smaller sites.
Developers scale-back tall building projects in London
The number of planning applications to build skyscrapers in London has dropped by more than 13% in the last year, according to the ninth annual London Tall Buildings Survey by New London Architecture and…
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Knight Frank names new Senior Partner & Group Chair
Rory Penn is to succeed William Beardmore-Gray at the helm of the global property consultancy in April 2027.
Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
Strutt & Parker brings in Madison for PCL expansion drive
Heritage estate agency recruits top-end operator - the latest in a run of high-profile hires - to extend prime market coverage as part of 'ambitious' growth strategy.
Barnes joins UK Sotheby’s International Realty as Senior Director
Well-known dealmaker Simon Barnes has signed to George Azar & Alex Isidro's team in PCL.
Expert Panel: Prime Central London has hit a ‘critical inflection point’
Property & HNW industry leaders unpack the volatility, policy churn & changing buyer geography defining a new era for ultra-prime London.
Deal sealed on £17.5mn Cadogan Square restoration project
Rare unmod opp on the famous garden square could become one of RBKC’s finest residences, say agents.
Hefty Marylebone mansion flat heads to auction
First floor lateral on Portland Place is the priciest lot being offered at Allsop's final resi sale of the year.
Prime London buyers resurface after Budget clarity – but vendors beat a retreat
Property sales spiked as uncertainty lifted in November, according to LonRes, though supply-side trends point to a cautious year-end.
Luxury brokerage flags tight supply & strong deal flow in Mayfair
UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.
Building Legacies: Michael Houlding of Boldfort on delivering London’s top-end homes
Interview: MD of longstanding family-run contractor reveals what it really takes to create dream residences for UHNW clients, from Belgravia to Notting Hill.
LATEST ARTICLES
Prime London property market heading for ‘worst year since Covid’
18% fewer £5mn+ sales have been recorded in London this year compared to 2024, while no deals have gone through above £50mn.
Investor-developer acquires 86-unit PCL portfolio for £28mn
'A few years ago, you simply wouldn’t have seen assets of this quality and in these locations pricing at that level,' said Leufroy, which has exchanged on a quartet of buildings in Notting Hill & Kensington.
Agency lists 1/8th share of Mayfair penthouse for £1.05mn
Fractional ownership is catching on with PCL buyers, says Russell Simpson, as a share in a 'sublime' duplex on historic Queen Street goes on the market.
‘Momentum shows little sign of slowing’: Branded resi sector records another year of ‘exceptional growth’
Fresh analysis by Savills suggests the global branded residential development niche expanded by nearly a fifth in 2025.
Overseas company ownership of property nearly doubles over decade
The total value of overseas-owned property in England & Wales has continued to climb in recent years, but more slowly than in the late 2010s.