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Transaction numbers likely to end the year 15% down, predicts Knight Frank
"This does not feel like a re-run of 2008/09 for the UK property market," says Knight Frank, as it forecasts minimal property price drops against a complex economic backdrop.
Deal Digest: Prime properties sold during the pandemic
Despite government lockdowns, and predictions of a descent into 1930s-style economic conditions, HNW buyers have continued to snap up super-prime apartments in Chelsea and Mayfair, historic mansions in…
‘Covid-19 has increased the desire to move home, with more space the key driver’ for prime buyers
The latest Savills buyer survey reveals "a greater urgency in the desire to move home", allowing the top-end estate agency to predict that the current surge in buying activity will continue beyond the…
Mapped: Britain’s hottest property sales markets
375 of the 378 local authorities across the UK saw more agreed sales this Summer than last, says Savills, with both London's commuter zone and more rural locations seeing sharp rises in property market…
British Land looks to offload its super-prime Clarges estate in Mayfair
CBRE has been instructed to find a buyer for British Land's Clarges estate on Piccadilly, looking for offers in excess of £180m for the office and retail elements.
Centreland gears up to launch ‘landmark’ Marylebone scheme, Harcourt House
Exclusive: One of London’s very first mansion blocks emerges from a super-prime makeover, promising ‘something truly special and utterly unique’...
Orlando & Lisette Rodriguez on post-opulence & patience
The husband and wife team behind new practice Rodriguez Design Studio explain how to achieve timeless interiors - and why flexibility is the key to attracting buyers in the current climate...
Running out of the gates: On the rush to the country & the hollowing out of a great city
"One would have thought the very city itself was running out of the gates”, wrote Daniel Defoe of London in 1665.
GPE launches ‘ultra-boutique’ prime resi scheme between Hanover Square & New Bond Street
Great Portland Estates has unveiled the residential element of its ambitious redevelopment of a 1.3-acre patch of Mayfair.
The Missing Market: Why London property developers are missing out on over 23,000 new-build buyers
Savills has identified a significant "missing market" for new-build homes in the capital that property developers "cannot afford to miss out on."
£1m+ sales are running 100% above last year’s level as prime leads the property market rebound
The prime market has led the post-lockdown rebound in UK property market activity, suggests data from Rightmove and Knight Frank, with a notable spike in £1m+ deals.
‘Resilient’ Native Land chalks up over £90m worth of prime resi sales
The developer has reported selling 38 units across four high-end schemes since the start of 2020, including marquee penthouses in Kensington and Mayfair...