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Property

  • ‘Mr West-End’ takes over Haymarket House in £400m hotel plot

    December 4, 2023

    A property tycoon nicknamed ‘Mr West-End’ has bought Haymarket House in Soho, with plans to convert the upper floors into a £400m hotel.  Billionaire entrepreneur Asif Aziz, has paid around £135m through his investment business Criterion Capital for the popular Piccadilly Circus building.  The landmark ‘Happy’ restaurant and comedy club which occupy the ground floor [...]

  • Cash-rich Ukrainians and Chinese swap Mayfair for St Johns Wood – as wealthy crave more space

    December 4, 2023

    Rich tenants are ditching their traditional stomping grounds of Belgravia and heading to the leafier surroundings of St Johns Wood.

  • House prices to fall further next year as sellers drop prices says Rightmove

    December 4, 2023

    House prices will fall one per cent next year as competition heats up amongst sellers, according to property portal Rightmove. 

  • Meet the young professionals abandoning London – and the rental crisis

    December 4, 2023

    A typical weekend for Jack Trimmer used to be spent in busy pubs in South West London. But they tend to look a bit different since he moved back into his parents home in Hampshire a few weeks ago.

  • Soaring rents pose a ‘threat’ to London’s competitiveness as youngsters are priced out

    December 4, 2023

    Soaring rents in London pose a “threat” to the capital’s competitiveness, a number of business groups have warned.

  • Berkeley shares at 12-month high as investors regain confidence in UK’s property market

    December 4, 2023

    Shares in high-end housebuilder Berkeley stand at a 12-month high, as investors are beginning to regain hope in the UK property market after a torrid few months.  The FTSE 100 firm is set to post its half year results on Friday, with its cheery outlook boosted by plans by boss Rob Perrins to storm ahead [...]

  • Abu Dhabi firm buys Nine Elms developer London Square for £230m

    December 1, 2023

    An Abu Dhabi real estate firm has snapped up British property developer London Square today in a £230m deal.

  • Interactive: Here’s how much rents have gone up where you live as London prices spiral

    December 1, 2023

    Rents have gone up over the past year but more in some areas than most - with London hit particularly hard by increases

  • UK house prices rise for third successive month as interest rate cut speculation mounts

    December 1, 2023

    Crash? What crash? The latest Nationwide data suggests house prices are on the up

  • Value of posh pads in London’s richest postcodes falls by £50k

    November 30, 2023

    The value of luxury flats in London’s poshest postcodes has fallen by 6.1 per cent in the last year as the capital’s mega rich put off buying homes amid the cost of living crisis.  According to a new report by Investec Wealth & Investment, shared with City A.M., in the last year the average price [...]

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