Property Investor News

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.

Gulf Islamic Investments has made its second resi development play in Prime Central London, acquiring an in-progress luxury scheme in Bayswater.

Jason Kow's Queensgate has hired Gary Jones as COO, and Daniel Peart as General Counsel.

131,900 buy-to-let homes were sold-off by investors in 2020, says Hamptons; the lowest number since 2013.

Purplebricks investor Axel Springer has backed hybrid agency Nested as it looks to expand beyond London.

As a transparency measure, the Government is set to introduce a Register of People with Significant Control over Overseas Companies owning UK real estate.

In Pictures: 38 Hill Street is on the market for £35 million - with the potential to create one of London's biggest and most valuable private residences.

European investor CPI and London super-prime specialist Dean Main have made another big acquisition in Prime London, taking on the decommissioned West End Central Police Station on Savile Row.

"Rather than invest in a single buy-to-let personally, some overseas investors are joining 'club' deals where they take a share of a collective purchase of six or more properties," says Blick Rothenberg.

The Duke of Westminster's Grosvenor Estate has re-worked its management structure, with a refreshed top table including a new Chief Investment Officer and a new Head of the Family Office.

Emoov co-founder and Emaar product chief Ivan Ramirez has teamed up with Faisal Butt's proptech investment firm.

Chelsea-based developer/investor Martin's Properties has sold six "non-core" assets for a combined £22m, including a mixed-use block in SW3 to Store House for £7.35m.