£5m+ sales hit a seven-year high in PCL

142 property sales above £5 million were recorded in Prime Central London in the first four months of this year, reports Savills, with a combined value of £1.42 billion.

Supply shortage hits the prime lettings market

“There’s a supply crunch coming down the line in prime lettings markets this summer,” warns Knight Frank, while Savills tells of a “fundamentally undersupplied” market in the Home Counties.

London’s skyscraper pipeline increased in 2020, despite the pandemic

“Although the impact of Covid-19 is undeniable, development in London has shown impressive resilience,” says New London Architecture after surveying skyscraper-building activity in the capital. “The development sector has already begun to recover well from the initial economic shock of Covid-19 restrictions.”