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Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
Well-known PCL specialist joins Prime Purchase; seals large-scale Hyde Park deal
Brooks Marshall co-founder Ollie Marshall has joined Savills' buying arm and is off to a flyer, acquiring a pair of buildings earmarked for a 26,000 square foot super-home…
Savills boosted by ‘continued strength’ of UK’s prime resi markets
Agency reports another strong spell of trading, with full-year profits now expected to come in 'materially ahead' of 2019.
Construction supply chain issues ‘are going to significantly impact the delivery of completed new homes’
“Build cost inflation is the most talked about topic in the land market at the moment, and it is anticipated that this will not ease in the short term," warns Knight Frank.
UAE investor takes 49% stake in luxury Old War Office scheme
Dubai-based Onex Holding partners with the Hinduja Group on ‘landmark’ PCL project.
80-acre site of former Hertfordshire boarding school up for sale
The former home of Princess Helena College centres around an important 18th century mansion, which was once reworked by Sir Edwin Lutyens and has a set of gardens designed by Gertrude Jekyll.
In Pictures: Finchatton launches The Whiteley, promising ‘a new era for Bayswater’
The "grand reimagining" of the old Whiteley's shopping centre on Queensway is luxury property developer Finchatton's biggest project so far, by some margin
PCL property prices set to rise 5-10% in 2022, predicts Strutt & Parker
National estate agency Strutts is forecasting price growth of between 20% and 35% by 2025 across the UK, and somewhere between 15% and 35% over five years in Prime Central London.
‘The labour of the last ten years is about to bear fruit’: On the remarkable reinvention of Belgravia
After decades of sporadic development, all four corners of the famous PCL district are being transformed as a raft of ‘landmark’ projects finally take shape.
Interest rates: why the era of cheap money is finally ending
John Whittaker explains why the future will be tougher thanks to higher interest rates, or higher inflation, or both…
High-end sales surge boosts stamp duty receipts
Latest quarterly stats from HMRC signal 'significant' activity at the top-end - and reveal the impact of the recently-introduced overseas buyer surcharge...
Prime London rents rise at fastest rate since 2011
“It’s been an extraordinary period for the whole market in PCL,” says David Mumby, head of Prime Central London lettings at Knight Frank. “A g