Property Investor News
PropTech investor Pi Labs recruits Oxford’s Baum
Andrew Baum, leader of the Future of Real Estate Initiative at Oxford University's Saïd Business School, is to join Pi Labs as a Research & Strategy Partner.
House prices: Why the risks of a fall are higher than most people think
"The fact that house prices have been rising quickly over the last year makes the market more vulnerable to external shocks to the economy," says Professor Geoff Meen, as he warns "there are numerous…
Investors pick up Mayfair hotel & apartment block
Bain and Orka have acquired the 72-room Park Lane Mews Hotel and 17 adjacent residential units on Stanhope Row, just behind the Park Lane Hilton.
‘Incredibly rare’ trophy asset comes to market in Kensington for £50 million
“It is incredibly rare for an unbroken freehold block of this scale and stature to become available in such a prime location," says Knight Frank of Allen House, which offers the prospect of a significant…
Zoopla-founder Chesterman backs decorating start-up
Online retailer Lick has caused a stir in the DIY interiors space since it launched last year.
Euroterra Capital buys in Marylebone
Investor/developer has picked up a mixed-use block on Crawford Street, following two significant purchases in Bayswater earlier this year.
Ireland imposes 10% property investor tax
"The introduction of the higher stamp duty rate of 10% for the bulk purchase of houses is designed to dissuade the practice whereby institutional investors buy up homes that are close to completion, or…
Five years on: How 2016’s tax changes have shrunk the buy-to-let market
“The tax changes introduced from 2016 onwards have undoubtedly taken the heat out of the buy-to-let market," argues Hamptons' research chief Aneisha Beveridge.
Significant Bayswater hotel with resi development consent offered for £29.5m
35-39 Leinster Gardens - formerly the Holiday Villa Hotel - has been put on the market at £29.5 million, with planning permission in place for a conversion to either residential or serviced apartments.
LCP chief unveils new central London ‘residents’ club’ venture
The Other House, founded by LCP's Naomi Heaton, is turning Harrington Hall Hotel in South Kensington and the Wellington Block in Covent Garden into serviced apartment members' clubs.
ATED receipts dwindle as enveloping loses its appeal
Receipts from the Annual Tax on Enveloped Dwellings fell by 8% (c.£11m) for the 2019/2020 financial year; they have dropped by 28% (c.£50m) since the 2016 peak.
GII splashes £60m on a boutique development opposite Hyde Park
Gulf Islamic Investments has made its second resi development play in Prime Central London, acquiring an in-progress luxury scheme in Bayswater.