Property Investment News
European investor picks up another Mayfair apartment for renovation
P&P Group is building a portfolio of fixer-uppers in Prime Central London
Middle Eastern investment firm to build $2bn UK residential property portfolio
Rasmala plans to create a huge resi investment fund, focusing on build-to-rent and serviced apartments in and around London.
UK Build-to-Rent sector set to grow 82% by 2028
Institutional investors are piling into the UK's build-to-rent sector, reports Knight Frank, as the firm highlights 15 areas that present particularly strong opportunities for BtR development.
John Lewis partners with Abrdn for build-to-rent drive
£500mn joint venture aims to deliver thousands of new rental homes at John Lewis and Waitrose sites.
Build-to-rent sector ‘could be in for a record year’
Build-to-rent volumes have jumped 10%, says Knight Frank, confirming that the sector is 'a robust asset class that outperforms in periods of economic uncertainty.'
Grosvenor offloads 1,548-home Bermondsey biscuit factory site
Greystar has bought the 12-acre former Peek Frean biscuit factory site in south London from Grosvenor.
A fifth of property sellers miss new CGT payment deadline
A Freedom of Information Request by the Financial Times has revealed a big problem with the new Capital Gains Tax timeframe...
Ranked: The best UK cities for property investors
Glasgow, Edinburgh and Belfast are the top picks for residential property returns, suggests Colliers, while locations in the South East are less appealing for investors.
Opinion: Is luxury real estate a recession-proof asset?
"Real estate is more recession-proof than other assets, especially when it comes to luxury homes," argues Mickey Alam Khan, the New York-based president of Luxury Portfolio International.
Weak sterling opens a ‘window of opportunity in London for Middle East investors’
JLL estimates that sterling buyers are currently paying 35% more for London properties than they were in 2014, while those purchasing in US dollars are paying 3.8% less.
Prime rental growth outpaces capital values in most global cities
“Megacities are once again thriving as tenants are drawn back to urban living after the lifting of lockdowns," says Savills, as prime rents climb in New York, Singapore, London and Los Angeles.
‘Crypto winter’ drives metaverse real estate crash
Virtual land prices have tumbled by an average of 66% since January, while the volume of metaverse real estate being traded has tanked by 97% from its November peak.