UK prime resi prices set to rise 9% this year, but PCL’s bounce ‘has been delayed’
Runaway property price growth in the regions is likely to soften from next year, predicts Savills, while Prime Central London prices are set for a sharp upwards bounce once international travel resumes.
PCL prices are likely to rebound next year, rising 20% by the end of 2024
Prime Central London is set to become one of the UK's strongest-performing markets, predicts Savills, flipping a trend seen since 2014.
By PrimeResi
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
By PrimeResi
World cities see prime property prices rise at fastest rate since 2016
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
By PrimeResi
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Talking Heads: How the business of luxury property has evolved over the last 25 years
PrimeResi’s panel of seasoned property leaders unpacks the major shifts reshaping the industry in the 21st century - from greater transparency & regulation to tackling discrimination & rethinking collaboration.
By PrimeResi
Huge St John’s Wood apartment block heads to auction
157-unit freehold building just around the corner from Lord's will be going under the hammer next week.
Social Circuit: ‘Off-market’ networking series debuts in Knightsbridge
Invite-only soirées aim to reimagine offline networking for London’s prime property insiders.
Altius picked to deliver ‘once in a generation’ West End tower scheme
The Huguenot House development team includes architects Foster & Partners and contractors Erith.
By PrimeResi
HNW family offices show ‘ambivalence’ toward real estate investments
UBS has surveyed more than 300 single family offices around the world.
By PrimeResi
OB Private hires Strutt & Parker’s Waddell to head new Development & Investment division
Renowned luxury property specialist joins rapidly expanding agency with bases in Mayfair and Notting Hill.
Rumourmill: Reeves ‘to defy’ wealth tax calls
Chancellor reportedly distances herself from proposals to raid the rich.
Landmark Shard residences still unlet amid ‘severe’ ultra-prime market contraction
Company filings cite market downturn & tax changes for delays in letting set of luxury apartments at the iconic London skyscraper.
London rental market ‘buoyed by surge in supply’
'We expect this healthy balance between supply and demand to continue' through the summer, says Foxtons.
By PrimeResi
McLaren Excell names new MD
Chris Savva has joined the architecture and interiors studio from Buckley Gray Yeoman.
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