Property Investor News
SevenCapital recruits former Berkeley Divisional Chairman as MD
Angus Michie has joined investment/development firm SevenCapital as Managing Director.
Leasehold shake-up promises the ‘biggest reforms to English property law for forty years’
The Government has announced some major reforms to the English leasehold system, in a bid to "fundamentally make home ownership fairer and more secure."
Prime resi development lender secures £72m institutional funding line
Investor appetite for luxury property plays "increased significantly" last year, reports CapitalRise.
Connells’ takeover of Countrywide confirmed
Countrywide Plc's major shareholders are supporting an improved £134.4m offer by Connells Group to acquire a majority stake in the estate agency behemoth.
CPI makes another splash in prime London, picking up blocks in South Kensington & St John’s Wood
European property giant CPI has teamed up again with Rhodium founder Dean Main to expand its resi portfolio in prime London.
£7m refurb loan for super-prime Notting Hill mansion project
CapitalRise and Axian have stepped in to bankroll a grand refurbishment on Ladbroke Gardens.
‘There is mounting evidence that rental growth is picking up steam’ – Hamptons
Landlords accounted for one in every six agreed sales last month, as investors rush to take advantage of the Stamp Duty holiday in a small-scale re-run of 2016.
Developer claims ‘the best penthouse deal in history’ in Chelsea
A London property developer is claiming “the biggest discount of a London penthouse flat in history”, after picking up a four-bedroom apartment in Chelsea Harbour for half the amount paid by the vendor…
HNW research houses Wealth-X & WealthEngine come together
Euromoney, which owns Wealth-X, has bought rival firm WealthEngine.
Five industry heavyweights team up for new resi-led development & investment venture
Richard Barth, Darius Ziatabari, Steffen Priller, Darryl Flay and Steven Morrice have launched Charlbury Group.
British Land offloads Clarges Estate to Deka for £177m
Landmark luxury Mayfair development changes hands as developer British Land Plc reveals the impact of the pandemic on its bottom line.
Government review pitches £14bn CGT hike, potentially doubling rates for second-home owners
There are "a range of areas in which Capital Gains Tax is counter-intuitive and creates odd incentives", says the Office of Tax Simplification in a comprehensive review of the CGT regime.