PROPERTY NEWS March 29, 2012 Savills selling historic Provencal mas Savills is selling Mas de l’Hospitalet, a historic Provencal mas where Oscar winning actor, Jean Dujardin held his wedding ceremony in 2009. The property dates back to the 12th century and was built by Templar Knights on the order of the King of France. Currently, the property is a boutique [...]
Wealthy prefer London when choosing home March 28, 2012 LONDON and New York are still the best places for the world’s elite to buy houses, a new study revealed yesterday – but competition is growing rapidly from Beijing and Dubai. Quality of life, knowledge, influence and economic activity are all key factors for the ultra-wealthy in choosing where to invest, according to the latest [...]
Game in final battle to find white knight March 26, 2012 MORE THAN 2,000 Game Group staff will be made redundant this week after the video games retailer collapsed into administration yesterday. PwC, the appointed administrator, said 277 stores would be shut with immediate effect, leaving 2,119 employees without jobs including 15 head office staff. The remaining 332 stores employing 2,814 people will stay open as [...]
PAINTING A PICTURE OF RBS PAST AND PRESENT March 26, 2012 Auctioneers at Bonhams, the fine art house, are hoping that all the (mainly bad) news about the Royal Bank of Scotland and the debate about Scottish independence may have a beneficial impact on the demand for a portrait being sold next month in the firm’s Edinburgh office. Bonhams is auctioning a portrait of Archibald Campbell, [...]
FOCUS ON: CHALFONTS, BUCKS March 22, 2012 THE COTTAGE Price: £700,000 Situated in on the edge of the village, this three bedroom property forms part of an 18th Century home, divided in 1977 to form three residences. Contact www.knightfrank.com or 01494 675368 STOCKINGS HOUSE Price: £1.7m This five bedroom house is situated on the edge of Coleshill, on Bottrells Lane, a quiet [...]
Bank Levy hike offset by corporation tax cut March 21, 2012 Britain’s banks will not end up paying higher taxes overall as a result of the Budget, as the government’s planned hike to the bank levy will be offset by a cut in corporation tax, the British Bankers’ Association (BBA) said. Chancellor George Osborne said in his Budget speech on Wednesday that he would increase the [...]
Prime London house prices up March 20, 2012 TOP CENTRAL London property prices rose 1.1 per cent in March, estate agent Knight Frank revealed today. Prices rose 11.3 per cent over the past 12 months, as demand continues to outstrip supply. “Our research highlights the status of London property as a unique global asset class, which has gained the confidence of investors looking [...]
CITY MOVES | WHO’S SWITCHING JOBS March 20, 2012 JAG Shaw The boutique corporate law firm has announced the hiring of Susanna Stanfield. JAG Shaw focuses on providing advice on venture capital and private equity matters, with particular expertise in the life sciences and technology sectors. Stanfield, a corporate lawyer who has spent over ten years in the venture capital practice of Taylor Wessing, [...]
JUSTIN KING GOES THE EXTRA MILE FOR SPORT RELIEF March 19, 2012 SAINSBURY’S chief Justin King has been busy pounding the pavement in order to raise money for Sport Relief ahead of the Sport Relief Mile this Sunday. King, whose stores stock much of the Sport Relief charity merchandise, has run 32 miles across the UK in March in the hope of beating last year’s efforts for [...]
The appeal of a mature market March 15, 2012 THERE’S nothing emerging about Barbados. Barbados has arrived. It arrived a long time ago. But in a property environment where the hot new thing has lost some of its appeal over the past five years, tried and true is sometimes best. Like a Starbucks when you want to be sure of what you’re getting. But [...]