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Majority of £1m-plus sales are now happening outside of London
The capital’s share of the high-value market has fallen below half for the first time on record.
Private equity investor takes majority stake in luxury property brokerage Engel & Völkers
Permira has agreed to buy the majority of Engel & Völkers, which is gearing up to re-enter the UK market.
Heatmapped: London continues to lag runaway regional markets
The North West is still at the top of the regional table with annual inflation of 15.8%, while the capital has barely moved.
Global survey reveals what HNW buyers want from a real estate agent
Traditional firms will have to maintain their personal connections and keep up with new tech if they want to see off ‘disruptors’, says international brokerage network.
‘Extremely rare’ Isle of Arran building plots brought to market
Portfolio of development sites are spread across the ridiculously picturesque island off the west coast of Scotland.
UK prime resi prices set to rise 9% this year, but PCL’s bounce ‘has been delayed’
Runaway property price growth in the regions is likely to soften from next year, predicts Savills, while Prime Central London prices are set for a sharp upwards bounce once international travel resumes.
Purplebricks ditches self-employed agent model
Hybrid estate agency Purplebricks is overhauling its business model, transitioning its network of local sales agents from self-employment to fully employed status.
Holland Park locals given six months to ‘save’ Notting Hill Police Station for community use
A Holland Park landmark on Ladbroke Road is being marketed for sale by the Mayor’s Office of Policing & Crime.
Landmark Mayfair townhouse relisted at £11m
Gothic-style affair on Farm Street is a real one-off.
Mega Digs: Exploring London’s elite ‘basement belt’
London has seen "a normalisation of single-storey basements as the 21st-century version of the loft conversion," says Professor Burrows in a new study of the capital's "luxified troglodytism".
North West developer tees up £40m scheme in RBKC
Simon Ismail & Fred Done’s Salboy has acquired a prime site in the Earls Court regen zone.
Bumper H1 for Savills’ development land division
£1.25 billion worth of sites were transacted in the first six months of the year, 48% up on the three-year average, and there’s ‘no sign of a summer lull’