Property Investment News
Grosvenor ‘reconsiders its assumptions’ with a new urban property strategy
“The pandemic, external geopolitical turmoil, technological disruption, climate change and social change are forcing us to reconsider our assumptions of consumer needs and trends, business models and…
Investor secures £100mn loan for 92-apartment Battersea Power Station bulk buy
The acquisition of 92 apartments on Battersea Power Station's Electric Boulevard "represents a prudent long term investment in one of the capital’s most exciting transformation projects," says MGT boss…
Estate agency veteran Paterson joins Mackay’s ‘iBuyer’ firm UPSTIX
Sotheby's Realty boss and activist Foxtons investor has joined Hometrack-founder's algorithm-led property buying start-up as partner.
The Telegraph: The inside story of London’s ‘Billionaire Towers’
Reporters have named names and details of international residents at Finchatton's super-prime Twenty Grosvenor Square development, calling the 37-apartment scheme "Londongrad’s most fashionable residence.
Luxury co-ownership platform debuts in London with Mayfair penthouse acquisition
American start-up Pacaso is offering a 12.5% share of a duplex flat in Mayfair for nearly £1.1mn, and has a house in the Cotswolds lined up for its next UK offer.
Prime Central London flats offer ‘investment opportunities’ as rental yields jump – LCP
"As the PCL market begins to pick up momentum there is still a degree of discrepancy between the performance of houses and flats," says LCP boss Andrew Weir - "pointing towards the investment opportunities…
Property developer Candy sets up Chelsea FC bid
Sky Sports reports that Nick Candy "has the funds in place to make a bid for Chelsea this week."
New website promises the ‘definitive guide to development & investment opportunities in London’
Opportunity.London aims to "promote sustainable investment into real estate, regeneration and green infrastructure across London’s boroughs and communities."
Aussie fund makes another massive London investment, taking 50% of British Land’s Canada Water Masterplan
British Land has formed a 50/50 joint venture with Aussie pension fund AustralianSuper (which also owns most of King's Cross) to "accelerate" the delivery of the 53-acre Canada Water regeneration scheme…
Specialist VC Pi Labs raises $90mn to back proptech start-ups
Faisal Butt's property-focused venture capital firm hopes to double its portfolio of technology start-ups by 2025, as it continues the hunt for a unicorn.
Record year for Scottish estate sales, as climate action drives demand
A record £250mn was spent on Scottish estate acquisitions last year, reports Strutt & Parker.
Institutional resi investment ‘comes of age’ in Europe
“Europe’s multifamily market has grown from a small, geographically concentrated, and arguably simplistic market to an asset class and investment opportunity with more depth and complexity than ever…