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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.
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Five Trends: Buying agency picks top PCL themes to watch
Black Brick Property - Which parts of the market are looking more vulnerable to the 2% overseas surcharge? And which streets are likely to prove ‘bullet-proof’ regardless of wider economic events?
John D Wood’s Polly Ogden Duffy on achieving record results & challenging outdated views
Recently appointed as the first female MD of one of the UK’s oldest estate agencies, Polly Ogden Duffy has just overseen an outstanding year of trading at John D Wood – in the face of some extraordinary market conditions. In this exclusive interview with PrimeResi, she discusses record results, expansion plans, and changing the industry for the better…
On the future of the show apartment (& how the cookie-cutter approach went stale)
Developers and designers can no longer expect to woo people with a white-gloss kitchen and accent wall splashed with shades of Pixie Breath or Mermaid’s Flipper, writes Richard Angel – these days, the more personalised the product, the greater the results…
Fairway tees up another PCL acquisition drive
PCL-focused resi fund has so far bought ten properties in Belgravia and Knightsbridge with a combined value of £70m, and is now looking to deploy another £50m.
Global UHNWI population set to grow by 27% over the next five years
The total number of ultra-high-net-worth individuals on the planet increased by 2.4% in 2020, according to Knight Frank. That’s just a third of the growth rate seen in 2019.
Stamp duty holiday ‘to be extended until end of June’
Reports claim the Chancellor is planning a boost for the property market in his upcoming Budget.
Grosvenor sells prime Mayfair block with penthouse planning
City-based asset management firm London & Oxford has acquired a prime resi block in Mayfair from Grosvenor, paying c.£11.5m for the freehold interest.
London & New York named top wealth cities for 2021
“Long live the city,” declares Knight Frank in its 2021 Wealth Report, as it ranks the world’s top urban hubs for the super-rich. “The pandemic, far from undermining the city, has shown up the potential for rebirth.”
Savills Mayfair reports bumper year; takes on £100m mega-instruction
The flagship office on North Audley Street has been flying with co-head of PCL Claire Reynolds at the helm…
Chinese heiress rents high-profile Mayfair mansion for £1.55m a year
Billionaire’s daughter lays down record £3.1m deposit and signs up to pay £130k a month after seeing K10 Group’s Culross House appearance on a reality television show.