Savills boosted by UK recovery May 12, 2014 PROPERTY advisory firm Savills said yesterday that trading during the first four months of the year was in line with expectations, driven by growth in the UK, and a robust performance in Asia and Europe. The company said the UK’s prime residential market continued to perform well with year-on-year increases in both volume and value. [...]
British buyers are now snapping up over half of London’s £10m-plus homes June 10, 2014 The number of Brits buying properties worth over £10m has soared over the past year and now account for more than half of the market as the economic recovery gathers pace. British buyers of super-prime homes have risen from 36 per cent in 2013 to 53 per cent since the start of 2014, today’s [...]
City Moves for 21 July 2014 | Who’s switching jobs July 21, 2014 Laing O’Rourke The construction firm has announced the appointment of Paul Sheffield as managing director of its Europe hub. He joins after 31 years at Kier, where he was most recently chief executive. Sheffield is a fellow of the Institution of Civil Engineers. UBS Global Asset Management James Finch has been appointed head of global [...]
Capco reports strong financial position on back of Covent Garden estate November 15, 2013 Capital and Counties (Capco) has posted strong results this morning, announcing that its Covent Garden estate is on track to achieve £60-65m estimated rental value (ERV) by December 2015. It also said that its achieved significant progress in its £8bn Earls Court development. (Release) Since 30 June, Covent Garden has seen new lettings and renewals [...]
Check out this Silicon Roundabout penthouse with a hot tub overlooking the City July 10, 2014 TWO imperious towers oversee the numerous technology industries clustered around Silicon Roundabout. Perched atop the taller of the two, sitting pretty at 154ft, is The Penthouse 127. This three-bedroom duplex apartment, which is part of the Bézier development, was built for entertaining. Not only is it a short walk from the City and the offices [...]
London’s best flats with square garden access June 5, 2014 Next weekend, over 200 gates will be unlocked, grass will be mown, shrubs will be spruced and marquees will be erected to allow thousands of people to walk around London’s historic garden squares. The annual Open Garden Squares Weekend will kick off on 14 and 15 June to showcase the beauty and grandeur of these [...]
Singapore firm to develop new London village November 4, 2013 SINGAPORE-based property group Oxley Holdings has snapped up Royal Wharf, the largest mixed-use site sold in London since Battersea power station. Oxley now intends to build 4,000 residential properties on the 40-acre space, along with a number of attached facilities. The development is less than three miles east of Canary Wharf, one of London’s finance [...]
British Land warns politics a risk to recovery May 14, 2014 BRITISH Land warned that upcoming political events such as the general election posed “increasing risks” for the property market as the FTSE 100 landlord posted a jump in profits. Chief executive Chris Grigg said yesterday that uncertainty over the outcome of the 2015 elections could put off businesses and investors from investing in the sector. [...]
Interior design for the baby boomers and Generation X July 10, 2014 HOW DO you begin to create a dream home for three generations of the same family, all with conflicting tastes, and a shaky grasp of the English language? This was the challenge that faced interior designer Roselind Wilson and her team last year when they were hired to redesign a unique penthouse in Notting Hill. [...]
Housing squeeze worsens for London as demand accelerates October 16, 2013 FRESH figures from estate agency Barnard Marcus, released today, demonstrate the rapid and recent increase in activity currently happening in the London housing market. According to the group, there are now 50 per cent more buyer registrations than there were a year ago, and 12 buyers for every house going on the market in the [...]