London house prices: Here’s how living near a regeneration scheme can boost the value of your property April 8, 2016 Living close to a major regeneration scheme in the capital can boost the value of your property by an average of 4.7 per cent a year above the wider house price growth, research released today by CBRE has found. The property services giant has conducted a study across seven regeneration schemes in London and found [...]
UK house prices: Prime central London rents are polarising between east and west, says Knight Frank April 6, 2016 London's prime rental market is becoming more polarised. Prices in the east are accelerating faster than those in the west as financial services tenants move closer to the City in search of cheaper rents, new research shows. Annual rental value growth in prime central London fell by one per cent in March – the lowest rate since May 2014, according to [...]
London homes now more expensive that two thirds of world’s private islands, says Labour’s London mayoral candidate Sadiq Khan April 6, 2016 Wouldn't it be nice to live on your own private island. Nice – nice and cheap. London homes are now more expensive than two thirds of the world's private islands, says Labour's London mayoral candidate Sadiq Khan. He's looked at data from global property consultancy Knight Frank, which shows 65 per cent of private islands currently [...]
Area guide: Woolwich – why it’s tomorrow’s town April 1, 2016 It’s an unfortunate consequence of over-enthusiastic estate agents that an area described as “up-and-coming” is often, well, getting there but taking its sweet time about it. Woolwich was one such place for a long time, but 2016 is the year SE18 arrives on the property scene. “Woolwich has been touted as up-and-coming for the last [...]
Brockton Capital buys into Shoreditch Village scheme April 1, 2016 Two families regenerating a derelict site in London's trendy Shoreditch area have brought new investors on board after selling part of the scheme to Brockton Capital. The run-down site between Shoreditch High Street and Great Eastern Street was originally a Victorian timber yard and has been privately-owned by the Hall and White families for over 40 years. The proposed scheme, [...]
Rum-maker Bacardi stirs things up by moving its European headquarters to Spitalfields March 24, 2016 Bacardi, maker of the world's leading rum brand, is moving to the other side of town after announcing plans to decamp its offices in west London to a new scheme in Spitalfields. The family-owned spirits company has agreed to let the entire third floor – or 9,564 square feet – of TH Real Estate's The Steward Building near Liverpool Street on [...]
Why Batman V Superman is nowhere near as bad as everybody says March 22, 2016 Batman v Superman (12A) | Dir. Zack Snyder★★★★☆ Batman v Superman may contain two of the most bankable super heroes in existence, but don’t let that fool you: this is a huge bet by Warner Bros and DC Films. If this movie flops, it heaps an unbelievable amount of pressure on this summer’s upcoming villain-caper Suicide Squad. [...]
The City’s Walkie Talkie skyscraper is finally full after CISI snaps up last remaining floor March 22, 2016 The developers behind the Walkie Talkie skyscraper have let the last remaining floor in the building two years after completion in a milestone moment for the City. The Chartered Institute of Securities and Investment (Cisi) has agreed to take the third floor of the Rafael Vinoly-designed building at 20 Fenchurch Street at a rent of around £65 per square feet, City A.M. [...]
House prices: volatile equity markets and Brexit fears are hurting prime global rents, says Knight Frank March 21, 2016 Volatile equity markets and economic weakness in emerging markets dragged rental prices for high-end homes in key global cities lower last year, new research shows. Knight Frank's prime global rental index, which tracks the change in luxury residential rents across 17 cities globally, fell by 1.1 per cent in 2015, down from growth of 2.5 per cent in 2014. Geneva replaced Moscow as the [...]
Knight Frank and Markit: London house prices experienced the biggest increase this month March 18, 2016 London house price growth is expected to beat all other regions this month despite a slowdown in the top of the market, new research has shown. Londoners perceived the biggest increase, followed by those in the South East, East of England, Scotland and then the North West. It's slightly surprising given price growth among prime central London properties [...]