A private Hong Kong investor has acquired 70 Gracechurch Street in the City of London for £285m.
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University towns can suffer from what the tabloids call “studentification”, which irks locals. But, in fact, a student population boosts the local economy, especially the private rented sector, writes Lawrence Higgins
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One of the benefits for developers of converting office buildings under permitted development rights (PDR) is that they are not subject to the same space standards that apply to new-build schemes.
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Prices in the prime central London land market may have finally bottomed out, according to new research from Knight Frank.
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More than 80% of lenders intend to increase their property loan books this year, the latest research from Savills reveals.
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I read LSL Property Services’ findings on PRS tenants with optimism – it’s clear the Build-to-Rent (BTR) sector’s ambition to put customer satisfaction at the heart of its modus operandi is pushing at an open door so far as tenants are concerned.
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The IPF consensus forecasts for rental growth and capital value growth this year have improved - but forecasts for total returns next year and the year after have weakened.
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Last year saw the globalisation of the rapidly maturing proptech sector.
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London remains the most sought after destination for retailers wanting to expand their operations, according to research by CBRE.
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Take-up in central London offices was up 92% month-on-month in February 2017 to 1m sq ft
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London is the top destination for ultra-high-net-worth-individuals (UHNWI), according to the Knight Frank Wealth Report 2017.
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Irvine Sellar, the developer behind the Shard, died yesterday morning after a short illness aged 82.
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Buyers from the Middle East are increasingly being tempted to invest in UK commercial property, even as buyers from other regions cut back.
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The number of homes Barratt Developments built in London in the second half of 2016 plummeted almost 60% from 842 during the same period in 2015 to just 367, the company has admitted.
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As evidenced by three Fizzy Living schemes falling through as a result of the stamp duty surcharge, government changes are hitting buy-to-let (BTL) investors hard.
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The latest monthly data from the Land Registry has shown house prices in the United Kingdom rose by 6.7% year on year.
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Foxtons has warned earnings for 2016 are set to plummet 46% in a trading update to the stock exchange.
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The property industry is still remarkably upbeat despite the market slowdown since the EU referendum, according to this year’s Smith & Williamson survey
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Investment in UK property will slow down next year before bouncing back in 2018, according to CBRE’s annual outlook report.
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Almost £900m of hotel portfolios are expected to be relaunched for sale next year after Brexit-related uncertainty suppressed investor appetite in the sector.
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