PCL rental values took another hit in Q1
Nearly half of properties reduced in price before letting in the first three months of the year...
Over Supply: PCL rental values hit hard as stock piles up
On an annual basis, values in Q2 were down by 4.3%, and by 8-10% in the upper price ranges
By Prime Resi
Why small is beautiful in the PCL rental market
Purely from a rental yield point of view, the highest performing property in Kensington and Chelsea is in fact the humble studio flat
By Prime Resi
PCL rental growth hits three year high – Knight Frank
Prime central London rental values nudged up by 0.2% in January, says Knight Frank, marking an eleven-month run without a fall and taking annual growth to a three-year high of +3.4%.
By Prime Resi
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Savills announces latest raft of promotions
'The fact that we remain number 1 agent in the UK for sales above £500k is, to me, proof that our people development strategy is working', says UK resi boss Andrew Perratt.
Boutique agency expands with double acquisition in west London
Wilfords swoops on firms in South Ken & Notting Hill and eyes further targets in SW London.
Mayfair agency seals another super-prime deal as local market ‘booms’
Luxury Arts and Crafts townhouse on Aldford Street finds a buyer, following sale of £25mn former embassy on nearby Park Street.
Profits plunge at Savills as global property markets ‘normalise’
Global property consultancy reports a sharp contraction in revenue and profits, but Chief Exec Mark Ridley suggests 'most markets appear to be past the moment of peak uncertainty.'
By PrimeResi
New 42-storey tower promises to ‘put Earls Court onto London’s skyline’
The first phase of the long-playing 40-acre West London regeneration project will feature a striking 'sustainable beacon', a 4.5 acre public park, and up to 1,000 new homes.
By PrimeResi
Savills recruits JLL’s Dowling to lead Cheltenham team
Ken Dowling was head of JLL's Kensington office, but has now moved to the Cotswolds.
By PrimeResi
In Pictures: Inside a 10,000 sq ft Notting Hill super-home, asking £21mn
Remodelled 1850s villa has its own wellness centre and space for an art gallery.
Five Minutes With: Makoto Fukui of Schroders on delivering a super-prime build-to-rent scheme in PCL
'London is slightly playing catch up to the rest of the world when it comes to luxury BTR,' says fund manager for The Knightsbridge Estate.
Mixed-use Mayfair gem changes hands
Freehold building on Albemarle Street trades for the first time in over 20 years as deals continue to flow in the exclusive neighbourhood.
Buyer swoops on Aston Martin penthouse with bespoke DBX included
Final Sky Penthouse sold as top-end branded scheme in Miami nears completion.
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UK Sotheby’s International Realty recruits two north London specialists
Lee Greenfield & Josh Holder will be operating from the agency's recently-opened base in St John's Wood.
Prices & sales slip in Prime London but market still ‘operating normally’
'Discounts, reductions and time on the market are all broadly in line with long-term trends,' reports LonRes.
RICS launches ‘pioneering’ best practice standards for residential retrofits
Fresh guidance aims to 'revolutionise retrofitting practices across the UK.'
By PrimeResi
Boutique development opp hits the market in Hampstead
Rare project on Netherhall Gardens has scope for a 17-unit scheme with a GDV of £27mn
Ranked: England’s top ten most expensive house names
What's in a name? Savills investigates, and puts a price on it.
By PrimeResi