May 13, 2013 16:00 BST CBRE today publishes research which reveals that the value of penthouses currently being sold in London now exceeds £1bn. The report, `Penthouse London: paying a premium for perfection’, is CBRE’s first in-depth study of the London penthouse market, which has soared in value since the prime residential market began to recover from the global property crash.
Tag: london
Press Releases
Apr 24, 2013 10:53 BST The amount of office space under offer across Central London rose by 47% in the first quarter of the year, according to new research by global property advisor CBRE
Apr 23, 2013 10:55 BST Developers are capitalising on London’s recent growth in high value residential sales. Following years of undersupply of new homes, there were 6,548 units in Central London awaiting consent in Q1 2013, compared with 3,023 units in Q4 2012 – a 116 per cent increase in the space of three months. This still leaves London far short of the Mayor’s target of producing 20,000 new homes a year.
News
Nov 23, 2012 13:00 GMT Jonathan De Mello, CBRE Head of Retail Consultancy, gives his views on 'Black Friday'
Oct 18, 2012 17:35 BST Jonathan De Mello, CBRE Head of Retail Consultancy, gives his response to the government's decision to delay business rate re-evaluation to 2017
Sep 28, 2012 08:00 BST Jonathan De Mello, CBRE Head of Retail Consultancy, gives his views on Quarterly Rents, due on September 29, and the potential impacts on the retail sector.
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May 13, 2013 15:41 BST The appetite for trophy properties in London has never been more intense, and the pinnacle of prime property is undoubtedly the penthouse. The prime residential market in London continues to outperform most other asset classes, as stock remains limited, and demand unrelenting, and this is only heightened in the penthouse market.
Apr 23, 2013 10:52 BST The prime residential market has had a positive start to the year; sales are up, particularly on £sm-plus properties in London, absorption rates of new-build stock are now at an all-time high.
Apr 19, 2013 09:36 BST A significant increase in stock during 2012 led to end of cycle rental reductions. We envisage muted rental growth in the coming years as the market absorbs the increase in stock and operators prioritise full occupancy over rental growth. We anticipate the market will stabilise, with more consistent rental growth trend in line with inflation will be achievable.
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Rachel is responsible for all CBRE's corporate communications across EMEA as well as oversseeing campaigns for its extensive cross-border networks, promoting research, spokespeople, events and key news items.
