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London property market

  • Savills hails ‘signs of market recovery’ as half-year sales and profit rise

    August 8, 2024

    Sales and profit increased at estate agent Savills in the first half of 2024 as both commercial and residential markets begin to show signs of recovery. The FTSE 250-listed firm has reported a five per cent rise in its revenue, from £1.011bn to £1.063bn, in the six months ended June 30. Its underlying pre-tax profit [...]

  • Foxtons: London estate agent hikes dividend as turnaround plan gathers steam

    July 30, 2024

    London estate agent Foxtons has bucked a pallid property market to report healthy rise in revenue and profit, and raise its dividend, in yet another sign of the turnaround being navigated by its new chief executive.

  • West End landlord GPE ready to ‘accelerate into favourable conditions’

    July 4, 2024

    In an update ahead of its Annual General Meeting (AGM) the real estate investment trust (REIT) said it had signed 12 new leases between April and the end of June.

  • Average London rent on the rise as price outside the capital reaches record high

    July 3, 2024

    The average advertised monthly rent in London has continued to rise while prices outside of the capital reached a record high, according to Rightmove.

  • Thousands of new homes on Bromley-By-Bow gasworks given green light

    June 20, 2024

    It has developed the design plans with RHSP Architects, which is also working on a similar gasworks concept, Broadway East in Bethnal Green.

  • Chelsea mansion on site of Henry VIII’s orchard goes on sale

    June 17, 2024

    An eight-bedroom mansion situated on the site of King Henry VIII's Chelsea palace has been listed on the property market for nearly £16m.

  • Could Manchester eclipse London as the UK’s skyscraper capital?

    June 5, 2024

    For years London has stood alone as the preeminent home to the largest and most visually-striking skyscrapers in the UK - but could that be about to change?

  • London prime property: How non-dom tax changes will impact the market

    May 28, 2024

    Prime central London property prices are expected to fall by one per cent this year, after it was previously predicted they would rise by a percentage. 

  • Yours for just £60m: New flats with private sauna and views of Hyde Park hit the market

    May 20, 2024

    A £500m apartment development which offers views of London's Hyde Park and Kensington Palace Gardens has released the final phase of luxury apartments available for purchase. 

  • Russian billionaires out, US billionaires in: Mapping London’s super-prime property market

    May 17, 2024

    Filings have shown a Kazakh billionaire has sold his Mayfair mansion for £35m. What does it say about London's super-prime property market?

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