THE fizz has gone out of the London real estate bubble and the property industry is calling for a reduction in stamp duties to lift activity and prices, writes Neil Behrmann. According to LonRes, a property data company, Savills, Knight … Read the rest
LONDON’S heady prime and new development residential property prices have peaked. Migration into London from the European Union and elsewhere and a general shortage of property indicate that the price graph, with cyclical fluctuations, will continue to slope upwards in … Read the rest
September 2012:- The reason for the surge in completions is that developers boosted construction between 2009 and 2011 on expectations that there would be a boomlet in property demand because of the Olympic Games. According to Drivers Jonas Deloitte’s recent … Read the rest
Prime residential property in London defied the gloomy British economy and achieved sharp gains in 2011.
The price jump and mild rental increases caused yields to slide to such low levels that top notch London residential real estate may well … Read the rest