The LPF Weekend Fix - in partnership with Prime Resi Journal
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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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Myth-busting: A buying agent’s guide to the off market
‘Off-market’ is a concept which is much overused and often misunderstood, writes Philip Harvey, Property Vision– but now, more than ever before, it’s the key to securing the right houses for clients…
New York dominates the world’s UHNW real estate scene, while London ‘stands out as a second-home destination’
New York is the top global city for the world’s wealthy, according to new analysis by research house Wealth-X, with “a significant lead” over other hubs. Los Angeles is in a distant second place, followed by London, Hong Kong and Paris.
In Pictures: The ‘theatrical’ reworking of a palatial residence in Regent’s Park
Lipton Plant Architects’ latest redesign plays with the idea of a ‘performance space overlooking the park’.
Super-prime design & construction firms collaborate on Notting Hill street art project
Studio Indigo & London Projects unveil new hand-painted mural by Royal College of Art alumni, Adalberto Lonardi, on their Lansdowne Road construction site.
Lincoln Square penthouse goes for £12m
Knight Frank has managed to do £30m-worth of sales at Lodha UK’s Lincoln Square scheme in WC2 in the last year, including a super-prime penthouse deal.
Dexters secures big-ticket investment; plots major expansion
Oakley Capital is pumping “up to £130m” into London estate agency Dexters, to fund a significant expansion to 100 branches.
Deal Digest: Nine notable penthouse sales from the last year
Much attention has focused on the appeal of large detached houses since the onset of the pandemic, but HNW buyers also appear to be looking up in search of space. The last 12 months have seen a slew of notable penthouse deals going through across Prime Central London – smashing a fair few records in the process. Here’s PrimeResi’s pick of the bunch…
Galliard gets to work on £140m West End scheme
Construction starts on resi-led TCRW Soho project after developer completes legal purchase from TfL.
Why the Covid stamp duty holiday reveals big problems in the housing market
HM Treasury “misjudged” the property market when it introduced the Stamp Duty holiday last year, writes Michael Ball, Professor of Urban and Property Economics at the University of Reading’s Henley Business School. “What must have looked superficially to be a wizard policy idea – stimulating the housing market and gaining political bouquets from happy buyers at the same time – has rebounded badly.”
Deal sealed on £10.5m Belgravia townhouse
Six-bed end-of-terrace near Belgrave Square was once designed by Candy & Candy.