Headline
Deals drying up in Prime London as sales market goes into holiday mode
Last month's activity was on the low side, even by July standards, and there are signs the £5mn-plus market is finally beginning to buckle.
Knight Frank heralds ‘relative resilience’ as it cuts global prime resi forecasts
After a challenging run of economic strife and escalating interest rates, Knight Frank's research team has revisited property market predictions for 26 prime global cities in 2023 and 2024.
Top London design firm eyes US expansion
Martin Kemp Design's first international outpost in NYC will be led by CEO Jemimah Graff.
Boutique PCL developer seeks partner to help build £100mn portfolio
Alex Pope & Felix Langlois' Voza is targeting 'exponential growth' after completing a string of projects across PCL
All that glitters is not gold: James Holroyd on navigating London’s new-build property market
"'Buy in haste, repent at leisure' applies throughout the property market – but especially to new builds."
Planners green-light luxury hotel & resi project in Mayfair
A stellar team has been assembled to transform the prize site off Park Lane.
Savills profits slump as ‘obvious challenges’ hit global real estate activity
London-listed international real estate consultancy has seen pre-tax profits fall from £50.4mn in H1 2022 to just £6mn in H1 2023. But Prime Residential markets "have remained relatively buoyant".
Fast-growing Mayfair agency recruits ‘London’s best-connected agent’ & unveils PCL expansion plans
Oliver Bernard's new equity partner Harvey Cyzer was previously in charge of Knight Frank's flagship central London offices.
‘There is no such a thing as a buying agent who sells’: Talking business & best-in-class homes with one of the UK’s longest-standing buying firms
'Stories about the property market that you read in the paper have little relevance to the high-end of the market we operate in, whether in London or country'
Overseas buyer lands trophy £23mn apartment in Kensington
'Exceptional' park-facing unit sold at One Kensington Gardens amid reports of resurgent international interest in PCL property.
Plans go in for ‘£1bn’ mixed-use Bankside scheme
New Foster + Partners-designed proposals for 18 Blackfriars Road include two resi buildings delivering over 400 new homes, and an all-new public space called the Rotunda.
Savills: On forecasting in an ever-changing property market
One of the property sector's top research teams pulls back the curtain on the tricky business of making market predictions, as they warn of "some further price adjustments to come."