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LSL reports record figures
Marsh & Parsons' parent company is the latest big property firm to report a huge rise in revenue and profits in the first half of this year.
Douglas Elliman names new CEO
Scott Durkin takes the helm at the high-profile US brokerage as Dottie Herman steps down after 18 years.
The Penthouse Premium: Buyers pay 35% more for marquee apartments
Penthouses around the world command 35% price premium per square foot in comparison to other homes in the same development, according to new research by Knight Frank.
Octagon tees up new ‘supermansion’ project in Surrey
The 14,000 sq ft Hillside Manor has been designed ‘with indulgent living in mind’
Investor picks up 23 Mayfair apartments for £37m
Grosvenor has offloaded a batch of homes on Gilbert Street.
Prime global rents turn a corner as yields drop further
“Rental markets look set to be subdued for the rest of 2021," says Savills as its World Cities rental price index returns to positive growth, but the longer-term outlook is more positive.
Countrywide acquisition & disposals help quadruple Connells’ profits
Connells "continues to look for investment and acquisition opportunities", says CEO David Livesey, as pre-tax profits jump from £17.2m in H1 2020 to £80.2m in H1 2021.
Grand Registry: Surveying last month’s biggest registered deals
Latest Land Registry data confirms another trophy home sale on the Phillimore Estate.
PCL developer REDD picks up One Palace Green for £100m luxury apartment scheme
Monaco- and Mayfair-based firm plans to create ‘one of the top tier luxury residential developments in London’ overlooking Palace Green and Kensington Palace.
Londoners buy a record number of homes outside the capital
London leavers bought 85% more homes outside the capital in the first half of this year than in H1 2019.
Pandemic fuels the ‘broadest global house price boom in two decades’
The annual rate of house price inflation across the OECD group of rich nations hit 9.4% in Q1 2021 - a 30-year high.
Prime London flooded with rental demand
Buying agency Haringtons is reporting "a huge influx" of demand for large furnished rental properties in prime London, as families are forced out of their homes by the recent flooding.