Wanda wants US$5b from single buyer for five offshore assets as China reins in investments abroad
South China Morning Post: Analysts say the Chinese conglomerate may have difficulty finding someone to buy the assets, which include London’s One Nine Elms skyscraper
Harrods launches in-store property service selling super-prime enclaves
Harrods Estates takes up residence on the second floor of the Knightsbridge department store to market luxury properties in Switzerland and Dubai; moves Fulham Road branch operations over to HQ
By PrimeResi
No Nine Elms sell-off is underway, says Wanda – but it is open to ‘business opportunities’
China's clampdown on overseas spending fuels speculation of major international asset disposals
By PrimeResi
Another massive data leak reveals offshore dealings of the rich & famous
The so-called "Pandora Papers" have exposed the money trails and property dealings of some of the world's wealthiest and most influential people, including a former British Prime Minister.
By PrimeResi
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Caudwell unveils vision for £2bn ‘palace of residences’ in Mayfair
Pre-launch details and new images reveal what we can expect from the RAMSA-designed 1 Mayfair, including 'the finest triplex penthouse ever unveiled in the London ultra-prime marketplace'
Mayfair on track to hit £15,000 psf & become ‘world’s most expensive address’
Low stock levels will push values of trophy new-builds to record heights over the coming years, forecasts Beauchamp Estates
Hamptons director joins Savills’ country house department
Phillippa Dalby-Welsh continues to strengthen her country house sales team, with fourth big appointment of the year so far.
By PrimeResi
Gove’s leasehold reform plan ‘quietly crumbles’
The Housing Ministry is said to be facing 'fierce resistance from the Treasury' over a proposal to set ground rents at peppercorn rates.
By PrimeResi
New estate agency launches in Buckinghamshire
Domus Partners has been set up by James Courtney and Luke Green.
By PrimeResi
London Square swoops on important Chelsea convent site
Property developer aims return the prime site next to the Royal Hospital and National Army Museum to residential use, promising 'exceptional design that will enhance and reflect the rich heritage of the…
By PrimeResi
Making sense of Mayfair’s super-charged property market in nine charts
New report lifts the lid on the PCL neighbourhood that's outperforming all others, as agency forecasts further growth & 'landmark' deals in 2024
New agents brought in to sell ‘one of Somerset’s greatest properties’
Price tag for the Grade I listed mansion near Bath has more than halved since hitting the market four years ago.
Tom Bill: How much will mortgage rate hikes affect the UK housing market?
Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher rates will reduce as the year progresses, writes Knight Frank's…
By Tom Bill
Which London neighbourhoods have the strongest staying power for prime buyers?
Over four in every ten homemovers across prime London relocated within the same local area last year, reports Frances McDonald.
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Four trends at play in the prime London market this Easter
Some balance is returning in PCL, reports buying agent Jo Eccles.
By Jo Eccles
Buyer sought for boutique resi development opp in Brook Green
Prime W14 site comes with planning for eight new-build apartments.
Prime property market shows ‘signs of recovery’ as values ‘turn a corner’
The latest Savills indices point to a more positive outlook for top-end property markets in London and the regions, although prices remain sensitive.
By PrimeResi
Knight Frank appoints new office head in Winchester
Jane Kennerley has made the move from Savills.
New York, Tokyo & London named world’s ‘most resilient’ cities in 2024
Savills' annual research points to 'an inflection' for global cities in 2024 'as funding environments improve and real estate investment volumes start to recover.'
By PrimeResi