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Latest Property news



Express.co.uk

London property sales surge almost 40% after Brexit despite project fear 'crisis' claims
Express.co.uk
Sales increased 38 percent compared with the previous week, according to data from Knight Frank. The leading UK real estate brokerage said month-on-month sales were 29 percent higher, in the immediate aftermath. Liam Bailey, global head of research for ...
Some buyers using 'Brexit clauses' to drop UK commercial property dealsReuters UK
Property investors readjust their sights away from the UKSouth China Morning Post

all 35 news articles »


UK property sales increase 4.9% month-on-month
Select Property
An increase in sales figures shows that, despite short-term uncertainty, fundamentals of the market remain unchanged and demand for property in the UK remains strong. According to the latest National Hotspots Index from estate agent eMoov.co.uk ...



The Independent

House prices and sales expected to fall sharply because of Brexit, surveyors say
The Independent
... changes," Simon Rubinson, chief economst at RICS, said. House prices were already falling before Brexit happened. In May, the average discount on the original asking price of a UK property was over £25,000 — up nearly £4,000 compared with January.
Housing sales forecast to fall sharply this summer after Brexit voteThe Guardian
UK's Housing Market Feels Effects of Brexit VoteWall Street Journal
House prices to fall in post-Brexit tumbleTelegraph.co.uk
Financial Times -Property Wire -Property Investor Today
all 78 news articles »


Fortune

More Chinese Buyers Enquire About UK Property After Brexit Vote
Fortune
Interest among Chinese buyers in buying UK property has surged since Britain voted to leave the European Union last month, as the pound's slide has created opportunities to buy at a discount, real estate website juwai.com said on Monday. The number of ...

and more »


Property Wire

Residential sales in UK up by almost 5% between May and June
Property Wire
Residential property sales recorded in the UK increased by almost 5% between May and June 2016, according to the latest estimated figures to be published. The residential transaction count was 94,550 and while this is up 4.9% month on month, it is 10.2 ...



Bloomberg

Aberdeen's Discounted Property Sale Shows Post-Brexit Stress
Bloomberg
Aberdeen Asset Management Plc's U.K. Property Fund accepted a 15 percent price cut to sell a building on the street leased in part to pharmacy Boots on Friday, according to a person familiar with the matter. British Land Co. sold a department store ...
British Land expects Brexit-induced cautionFinancial Times
Property developer British Land warns investors and occupiers will be more cautious following Brexit voteThis is Money

all 23 news articles »


Reuters UK

Aberdeen cuts dilution adjustment on UK property funds
Reuters UK
Andrew Bailey, chief executive of the Financial Conduct Authority which regulates property funds, told Britain's parliament on Wednesday there was a need to avoid fire sales of property to meet redemption requests from investors. "The latest evidence ...
Aviva's frozen property fund resists fire-sale temptationReuters
UK property funds hit by suspensionsFT Adviser
Pain or gain? How UK commercial real estate is coping with BrexitCNBC

all 30 news articles »


Wall Street Journal

Investors Go Bargain-Hunting for UK Property After Brexit Vote
Wall Street Journal
A big potential source of commercial-property sales will be from the retail funds, like Aberdeen, that have halted trading due to untenable requests from investors seeking to withdraw their money. Henderson Global Investors is selling two London office ...

and more »


Telegraph.co.uk

'London's most expensive apartment' on sale for for a cool £150 million in Admiralty Arch
Telegraph.co.uk
The stamp duty for the flat, which will be part of a block of serviced properties, will come in at £16 million. Whoever buys the apartment must put down a deposit now, and move in within three years. This comes one day after a note from investment firm ...
London's first $200M apartment? Property next to Buckingham Palace for saleCNBC
London's most expensive flat is now on sale for £150 millionBusiness Insider

all 19 news articles »


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