Property Investor News
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.
Connells bids to buy Countrywide
Countrywide Plc has received "an indicative approach" from Connells Ltd to acquire "the entire issued and to be issued share capital" of the property services giant.
Henley snaps up two riverside development sites in Fulham
Property investor is planning a 300-home scheme on land between Wandsworth Bridge and Imperial Wharf.