London property prices: Luxury homes in Greenwich and Blackfriars going up for sale – in Kuwait November 2, 2015 Two new luxury developments in central London are going on sale this week, looking to tempt overseas property investors by holding the official launch at the Warba Tower in Kuwait. An "exclusive collection of homes" are being unveiled to Middle Eastern buyers on 4 and 5 November by developers Barratt Homes London, alongside Knight Frank and [...]
Prime residential London rents post sharpest annual fall in two years November 2, 2015 PRIME central London residential rents reported their steepest monthly decline in two years in October, research out today claims. Knight Frank’s latest monthly index released today shows rental values fell by 0.5 per cent compared with the previous month and slowed to 1.5 per cent growth year-on-year. That compares with May’s three-year high of 4.5 [...]
City Moves for 26 October 2015 | Who’s switching jobs October 25, 2015 KPMG Catherine Grum has been appointed head of the professional services firm’s family office. She joins from Salamanca Group, where she was head of the private office. Grum has also previously worked as head of wealth advisory, for Europe, the Middle East and Africa, at Barclays Wealth & Investment Management, and for the private client [...]
London office rents make record recovery since the crash October 25, 2015 The City office market is in record health, according to research from Knight Frank that shows rents have made a speedier recovery since the 2007 crisis than following previous financial downturns. In its latest report, the upmarket estate agent has tracked how rents in the Square Mile have fared since their pre-crisis peak in the fourth [...]
UK property prices: As house prices continue to rise, people have just stopped moving house October 23, 2015 Hot on the heels of Deutsche Bank calling the top of the capital's housing market, a survey by Knight Frank has suggested the number of people moving house has fallen to the lowest level since it began its survey in April 2014. The upmarket estate agent, which conducted its study with Markit, said just 4.6 per cent of households [...]
City Moves for 20 October 2015 | Who’s switching jobs October 19, 2015 CARTER JONAS The property consultancy has appointed Darren Yates as head of research. He was formerly a partner at Knight Frank, where he worked as head of global capital markets research. Yates has over 20 years’ experience, and has also worked at Cushman and Wakefield, and Management Horizons Europe. MAREX SPECTRON Andrew Strickland has been [...]
London property prices: Global firms drive demand for prime flats in the capital – but at a bargain October 19, 2015 Global multinationals are feeling increasingly plucky about the economic outlook and their future assignments, which is helping to drive demand for prime residential accommodation in the world’s gateway cities such as London and Hong Kong. However, Knight Frank’s latest research shows they are becoming more price conscious – with their employees being encouraged to seek [...]
Vauxhall property prices: One of the last affordable places to buy a house in Zone One? October 15, 2015 Once, people would come from all over London for an afternoon out at Vauxhall Pleasure Gardens. It was one of the leading spots for public entertainment. But after it closed in 1840 – the owners went bankrupt – the area has never seemed to regain its former glamour. Now, that stretch of land is just [...]
London’s skyscrapers have the highest rental growth in the world as low vacancy rates push commercial rates sky-high October 15, 2015 London’s skyscrapers are reaching for the sky in more ways than one, after it turned out the capital’s high rises have the highest rental growth in the world. Skyrocketing demand for office space in the UK capital is pushing commercial rents up, up, up: estate agent Knight Frank found in its Global Cities Report that [...]
Creative and tech firms fuel surge in rents north of London’s west end October 15, 2015 Technology and creative firms have sent rental prices rocketing across central London since the financial crisis, particularly in areas such as the north of Oxford Street and Euston where these firms have created hubs, according to new research out today by Knight Frank. Noho – which stands for North of Soho and encompasses the area [...]