Property Investor News
Home-buyers ‘are increasingly turning to auctions as a way of securing a property’
Savills flags a notable rise in property auction interest & activity, suggesting the pandemic-driven shift to online sales has improved accessibility & 'levelled the playing field'.
D&G ‘on a mission’ to recruit 50 new self-employed brokers this year
James Evans' estate agency is looking for 'entrepreneurial individuals keen to bring Selling Sunset or Love It or List It vibes to their local neighbourhoods.'
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".
Rents to rise c.20% in the next five years, predicts Savills
Build-to-rent investors are primed to fill a widening supply gap in the lettings market, says Savills, as it predicts strong growth for most prime and mainstream rental markets.
Christie’s sells International Real Estate business to @properties
One of America's biggest residential brokerages has acquired the long-term brand licence for luxury property network Christie's International Real Estate, with plans to "build upon the success of the business…
‘Far less frenzied’: Buying agency reports a ‘wind of change in the air’ for the property market
The property market is "far less frenzied" than it has been over the last year, says national buying agency Garrington, although prices continue to rise and buying activity continues to be "robust".
BidX1 bags new investment for ‘another phase of strategic growth’
International management consultancy firm Oliver Wyman and southern European real estate finance company doValue have taken minority stakes in the Irish proptech company.
Billionaire buys all seven penthouses in Galliard’s Oxford Street scheme
A single buyer has picked up the entire penthouse floor at TCRW SOHO in an off-plan mega-deal, potentially creating one of the West End's biggest homes.
Greenfield land values rise at the fastest rate in a decade
Greenfield development land values picked up by 3.9% in Q3, says Savills, while urban sites increased by 2.2%.
Ballymore recruits new Asset Management chiefs
Tony Hymers and Ross MacCaskill have joined Ballymore Asset Management.
Prime London estate agency Bective relaunches under new management
Bective - formerly Bective Leslie Marsh - has relaunched its six branches under the management of Dexters alumni Thomas Dainty and Craig Tonkin, and ownership of European real estate giant Ghelamco.
Tenn Capital bags £300m funding facility for ‘aggressive scaling’
Guernsey-based short-term property lender Tenn Capital was set up in May by CEO Matt Watson, with Enness's Islay Robinson and Hugh Wade-Jones on board as Non-Exec Directors.