Buy into conservation hotspots: Why it’s worth investing in a historical home July 23, 2015 As London’s housing crisis rumbles on, more and more shiny skyscrapers are shooting up. If you find this state of affairs rather unseemly – un-British, even – then buying a home in a conservation area is worth considering. Designated by local authorities for their special architectural or historical interest, there are currently over 8,000 [...]
Rare his ‘n’ hers houses go on sale in Kensington July 23, 2015 Campden Hill Road, Kensington, £12.75m each Everybody needs a bit of space in their relationships, but if you feel you need more than most, then these twin houses may be the perfect solution. Two identical semi-detached houses have entered the market in Kensington. Complete mirror images of one another inside and out, Hyde House [...]
Dulwich house prices: London village life four miles from The Shard July 23, 2015 As Peckham and Camberwell creep up the league table of the capital’s trendiest areas, neighbouring Dulwich remains as genteel and sedate as ever. Not much changes in SE21. It views its up-and-coming neighbours with the same bemused condescension that a retired judge regards the hoop in his grandson’s ear. He doesn’t understand it, but he’s [...]
High rise flats by Donatella at Aykon Nine Elms: First homes designed by Versace in the UK July 23, 2015 Battersea Power Station has long cast an imposing shadow on London’s landscape. As one of the city’s most iconic landmarks, in one of its most desirable areas, the regeneration of Battersea has sent developers into a frenzy. Now from the runways of Milan to the walkways of the Thames, one of the world’s most iconic [...]
On the frontline: It’s time for an open debate on housebuilding, not draconian costs July 23, 2015 Ever since Mark Carney took over at the Bank of England, a culture seems to be in play where inference seeks to influence reporting and statistics. And the Chancellor seems to have joined in – sometimes not so subtly. The mission? To maintain some sort of control over the housing market. Political promises and economic [...]
Israel’s property is going sky high: Tel Aviv’s Meier-on-Rothschild tower is a symbol of the city’s rapidly-growing residential market July 23, 2015 The ancient 3,000-year old city of Tel Aviv, which was built during the Ottoman Empire, with its stone houses and narrow streets, is transforming rapidly into one of the most progressive and international destinations on the planet. With an international, young, and stylish crowd, Israel’s largest metropolitan city has a record-breaking number of tech [...]
Cost of London office space set to soar amid supply shortages July 22, 2015 Office space is in short supply, putting upward pressure on prices, a new survey of property surveyors reveals today. In central London, 60 per cent more surveyors are seeing a rise rather than fall in demand across all areas, the research undertaken by the Royal Institution of Chartered Surveyors (Rics) said. As a [...]
Danske ups its full-year forecast but prepares Belfast bank for sale July 22, 2015 Danske Bank said yesterday that it had raised its full-year forecast after high customer activity and improving macroeconomic conditions helped to drive an increase in first-half profits. Denmark’s largest lender reported in its half-yearly statement that net profit had jumped to 9.4bn Danish crowns (£879m), up 36 per cent from the same period in 2014. [...]
City Moves for 23 July 2015 | Who’s switching jobs July 22, 2015 Knight Frank Stephanie Gray has been appointed senior surveyor in the property consultancy’s capital markets team. She joins from Inglis Howie, where she was a senior surveyor involved in investment acquisitions and disposals across the UK. Neptune Investment Management The fund manager has appointed Joshua Ausden as head of client investment strategy. He joins in [...]
The end of China’s migrant miracle could see global asset prices plunge July 22, 2015 China’s meteoric economic transformation has brought billions of workers out of poverty and into the global labour market. But recent discussion has raised the possibility that China’s “migrant miracle” (fuelled by the influx of people from the countryside to work in the cities) could now be over as the so-called “Lewis point” is reached – [...]