‘There is still room for growth’ for PCL property prices, following record-breaking year for £5mn+ deals
More than 50 London neighbourhoods saw some buying activity above £5mn in 2022, says Savills - but the firm still expects traditional Prime Central postcodes to outperform in price growth terms in the coming years.
PCL property prices still set to rise up to 10% this year, predicts Strutt & Parker
"We expect to see a very competitive market this year," says Guy Robinson, Head of Residential at Strutt & Parker.
Strutt & Parker revises property price forecasts, swinging PCL to positive growth this year
Strutt & Parker is now predicting that PCL prices will rise by up to 5% this year, having previously anticipated a drop of up to 5%...
Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
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Grade I Belgravia mansion goes for £35mn
Biggest house deal officially filed so far this year revealed.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Buying agency Black Brick boosts team with trio of hires
Former Prime Purchase director Alex Oliver is among three new additions to the firm’s London-based operation.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Knight Frank launches new investor advisory offering as buy-to-let landscape shifts
Agency hosts panel discussion to debut new team, with discussions focusing on landlord caution, regulatory pressure - and where investors are still finding opportunities.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
The London Broker signs high-profile ex-Sotheby’s director
Lee Koffman joins expanding platform after more than 30 years in prime London agency, becoming TLB’s first broker hire since Harding Green deal.
Nobu plots first rural retreat with branded residences in Rutland
Luxury hospitality brand teams up with 185-acre English country estate for hotel, members club and residential concept.
Knight Frank in fresh New York push with luxury brokerage tie-up
Big-brand property consultancy declares a 'major milestone' for the business as it signs a new partnership in the Big Apple.
London Square gathers top design names for Milan debrief at new Mayfair HQ
The Aldar-owned developer has ramped up its presence in PCL with a luxurious new Bruton Place base.
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Forbes Global Properties launches UK brokerage with boutique PCL agency tie-up
Prime London stalwart Martin Bikhit to lead new venture targeting £10mn-plus homes.
LonRes pushes button on AI marketing service
New offering aims to widen exposure for prime listings as more buyers and tenants turn to AI platforms.
Robert Irving Burns appoints new head of resi sales
Chrissie Fairweather has joined her daughter at the London real estate agency.
Deal sealed on £20.5mn duplex at Knightsbridge Gate
Buyers returned to the heritage-led boutique development after looking at competing super-prime projects across Prime Central London.
Agents instructed on Stone RE’s The Bolsover
Edwardian conversion project is on the way to delivering 24 high spec apartments in Fitzrovia.