Headline
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."
First Look: Elicyon & HBA Residential complete new super-prime show apartments at The OWO
Two more marquee residences have been unveiled at the soon-to-open Raffles-branded scheme in Whitehall, with price tags of £14.75mn & £18mn.
Property industry reactions: Bank of England hikes base rate again, to 5.25%
Featuring analysis from Chestertons, JLL, Knight Frank, Rightmove, Savills, Zoopla and more.
Our greatest challenge remains the constrained levels of good quality stock: On buying prime property in the current climate
London’s high-end neighbourhoods are being sustained by international equity, short supply, and a more robust response to market sentiment, report Sophie & Richard Rogerson.
Planning logjams, bigger risks & shrinking margins: What it’s really like being a real estate developer in London right now
Russell Smithers, CEO of luxury developer REDD, pulls no punches in this account of the myriad challenges facing those delivering homes in the capital - and their potentially far-reaching consequences.
Record number of London development schemes stalled as difficulties grow
Survey shows around 70 significant projects are at a standstill, while new-build sales have fallen to their lowest level in 12 years.