The LPF Weekend Fix - in partnership with Prime Resi Journal
EVERY WEEKEND WE BRING YOU OUR TOP TEN ARTICLES FROM
PRIMERESI JOURNAL - THE JOURNAL OF LUXURY PROPERTY
PRIMERESI IS THE LEADING NEWS, INSIGHT AND OPINION RESOURCE FOR THE UK’S LUXURY PROPERTY SECTOR, PROVIDING DAILY BREAKING NEWS AND ANALYSIS ON PRIME RESIDENTIAL MATTERS.
Inside Knightsbridge Gardens, tipped to be Prime Central London’s ‘stand-out build-to-rent scheme’
The Olayan Group and Chelsfield are delivering a set of 33 luxury rental apartments as part of their reworking of The Knightsbridge Estate.
Green light for record-breaking Knightsbridge mansion remodelling
2-8 Rutland Gate is set to become the >60,000 sq ft family home of a Chinese billionaire, following an epic nine-figure refurbishment by Squire & Partners and CC Land.
Busiest prime London market since 2014, with 61% more £5m+ deals than in 2019
The top-end of London residential sales market has just enjoyed its strongest first half since 2014, reports Savills, with 59% more £5m+ transactions recorded in the first six months of this year compared to 2020, and 61% more than in H1 2019.
Knightsbridge flats are central London’s ‘best bargains’, with prices down 11%
“The race for space has left some central London bargains in its wake,” says Knight Frank, with apartments in some Golden Postcode areas seeing average PSF prices more than 10% below their five-year average.
‘The bounce-back is now underway’: Knight Frank revises rental market forecasts
After steep falls over the last year, the agency expects rents across the prime postcodes will recover to pre-pandemic levels by 2023.
Supply Pain: Who is responsible for delays on luxury resi projects?
With many super-prime schemes being thrown into chaos by supply chain problems, construction lawyer Alexander Jullienne looks at where the responsibility for delay rests, and what contractors charged with sourcing bespoke materials should be factoring into their agreements…
Foxtons looks to offload its Alexander Hall mortgage arm
High-profile estate agency confirms that it is “reviewing strategic options” for its mortgage business, Alexander Hall.
Old House Group picks up luxury resi project on Wilton Place
Grade II listed freehold was acquired with the help of a £6.4m bridging loan funded by CapitalRise.
Boomin to launch ‘the most accurate online valuation tool ever’
Boomin’s new “SmartVal” service aims to provide “a more accurate online valuation for visitors to the site with a mix of technology, data and timely interactive engagement with experienced local agents.”
Deal agreed on ‘ambassadorial’ £12.5m Hampstead mansion
Detached behemoth on Templewood Avenue has scope for further improvement.