‘Well & truly on the rebound’: Property prices rise & discounts drop in Prime Central London
“The market for properties worth £1 million or more in London is well and truly on the rebound, having been in the doldrums over recent years,” says Coutts’ CEO, Peter Flavel. “Prices are up, with new records set in some areas, and the amount buyers are getting off the asking price is dropping.
Heatmapped: London property prices set to rise 19% in the next five years; rents by 14% – CBRE
CBRE's eighth annual "borough-by-borough" research report tracks property market, demographic and lifestyle trends across the capital.
Prime London property exchanges at third-highest level in five years as prices continue to climb
But the majority of October's property exchanges in prime London still originated in deals done before the first national lockdown, says Knight Frank.
Prime property prices outside London top pre-crash peak
Average prime values outside of London have climbed beyond their 2007 peak for the first time, says Savills, and now sit some 1.4% above their pre-crash high.
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UK Sotheby’s International Realty launches dedicated offering for HNWIs acquiring prime property across key international markets.
Echlin signs industry big-hitter Collins as £200mn luxury pipeline takes shape
Mark Collins, the former Chairman of Residential at CBRE, has joined the expanding design & development firm as non-exec director.
Luxury hotel group Maybourne recruits Walsh to lead ‘ambitious’ branded resi drive
Owner of Claridge's, The Berkeley & The Connaught brings in The OWO's former sales chief to lead global branded residential strategy.
Knight Frank boosts PCL lettings team with senior hires
Agency recruits seasoned operators from Hamptons & CBRE for key roles in Chelsea & Knightsbridge.
Hutton Bubear brings in D&G alumna to boost country coverage
Well-known agent Tamzin Incledon will oversee searches in The Chilterns, Oxfordshire and Surrey for the boutique property firm.
Deal sealed on rare penthouse overlooking Regent’s Park
Boutique firm tucks away 4,000 sq ft spread at close to its £7.5mn guide as part of £30mn deal run.
LonRes names first Chief Operating Officer
Marketing chief Emma Herriman steps up to new COO role after a decade at the B2B property data platform & network.
Jamie Hope: Uncertainty is the only certainty we have
'Buyers are looking at the market through an ultra-cautious lens,' but boutique agency boss still sees positive signs.
Historic St John’s Wood school building set for luxury resi revival
Swift consent secured for MWA-designed plans to restore former residence & studio of the artist John O’Connor.
Survey reveals shifting UHNWI strategies in PCL
Savills poll of leading advisers shows London’s ultra-wealthy reassessing residency amid mounting tax pressures.
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