Property Investment News
Fine & Country enters the Metaverse
“It makes perfect sense for real estate funds and family offices to allocate up to 5% of their portfolio to Metaverse," says the founder of Exclusible, a luxury-focused NFT platform that's just partnered…
Wilton Crescent refurb project bags £17.5m loan from CapitalRise
Super-prime townhouse renovation project in Belgravia has been valued in its current state at £27m.
Warwick Investments builds PCL rental presence with off-market Mayfair mansion acquisition
Warwick Investment Group - run in the UK by former CPC exec Andrew Chrysostomou - is building an impressive portfolio of prime rental properties in Mayfair and Belgravia.
‘Rents in Inner London are on track to reach pre-pandemic levels by the middle of 2022’ – Hamptons
"Rents in Inner London are on track to reach pre-pandemic levels by the middle of 2022," says Hamptons.
Historic Mayfair townhouse project secures mezzanine loan
CapitalRise has financed another notable luxury residential project in Prime Central London.
Capital Gains Tax should be extended to nearly all homes, argues top think tank; here’s how it could work
Home-owners have benefitted from an "unearned, unequal and untaxed £3 trillion capital gains windfall" over the last 20 years, says the Resolution Foundation;
Proptech investment reaches a record high
“Proptech investment is growing significantly year-on-year, as the real estate sector is increasingly aware of the operational performance gaps that have been unaddressed for a number of years," says…
Lloyds eyes massive buy-to-let expansion
Lloyds Banking Group's new buy-to-let division, Citra Living, could see its budget quadruple to £1 billion or more, according to "people familiar with the deliberations."
Reubens reportedly ‘on the verge’ of £180m Admiralty Arch deal
Sky News suggests that the Reubens family is about to become "a significant shareholder" in the ultra-luxury development of Admiralty Arch.
Stirling Ackroyd Group picks up another London estate agency
Beresford's three sales and lettings branches in South East London are to be integrated into Nick Dunning's fast-growing and recently-consolidated Stirling Ackroyd network.
Shard developer Sellar recruits investment heavyweights
Savills IM's Kiran Patel and Schroders' Duncan Owen have joined Sellar Property as Non Exec Directors.
Global real estate bounce ‘will extend into 2022’, predict economists
But Oxford Economics expects real estate returns to "temper considerably" by 2026, "falling well below their historical trend".