Category : London

  • By Simon Morris On Tuesday, December 08 th, 2015 · no Comments · In ,

    New figures have shown property expert Simon Morris that the financial services sector dominated the take-up of London office space in the first half of 2015....

  • By Simon Morris On Monday, December 07 th, 2015 · no Comments · In , ,

    Simon Morris has learned that property development firm City Developments London (CDL) has recently bought a brewery in Richmond, which they’re now planning to turn into a lucrative London property development. Moving away from the centre The prime central London property market heated up in 2015. Figures from an analysis report from WA Ellis (a London estate agency) indicate that the average price prime central London property per square foot now sits at £1,832 – a 1.4% increase between...

  • By Simon Morris On Tuesday, December 01 st, 2015 · no Comments · In ,

    Transport for London (TfL) has recently announced that they’re planning to build three property developments in the UK’s capital city. TfL’s plans TfL – the government body which is responsible for most aspects of the transport system in Greater London – has previously said that it plans to raise £3.4 billion in non-fare revenues by 2021. TfL commented that they want to generate these funds so that they can “reinvest in London’s transport network, supporting jobs and...

  • By Simon Morris On Wednesday, November 25 th, 2015 · no Comments · In ,

    New figures indicate that domestic British buyers are flocking to London’s housing market, says Simon Morris. Market for foreign buyers The UK capital’s residential property sector, especially its prime central district, has traditionally proved extremely attractive to cash-rich foreign buyers. A recent report from estate agency Marsh & Parsons has revealed, however, that they are beginning to abandon the market – but domestic British buyers are starting to fill the void. Marsh &...

  • By Simon Morris On Thursday, November 19 th, 2015 · one Comment · In , ,

    New figures have indicated to Simon Morris that London’s rental growth significantly outstripped the rest of the UK’s during the third quarter of 2015. Rent culture Soaring house prices, coupled with limited residential property stock, have made it harder than ever before for people to buy their own home in London, This has forced many people to rent and According to the Telegraph, private sector rents in the UK capital have increased a staggering 34% throughout the past decade. London vs....

  • By Simon Morris On Friday, November 13 th, 2015 · one Comment · In ,

    Simon Morris has learned that Transport for London (TfL) will initiate a major new London property development project to raise the money for the UK capital’s public transport network. Lucrative industry The UK’s capital city has developed one of the most lucrative residential property sectors in the world. London’s house prices are rising all the time; the latest Rightmove Index suggested that the city’s average house price increased 9.8% in the year to October 2015. This has spurred...

  • By Simon Morris On Tuesday, November 10 th, 2015 · no Comments · In ,

    A range of newspaper reports have shown that people recently queued overnight to purchase a flat in a West London property development. House prices As Simon Morris recently explained, UK house prices are rising at a phenomenal rate right now. New figures from Halifax Bank show that the typical cost of a UK residential property expanded 9.7% in the year to October 2015, so now the average UK house price is £205,240. People in London would dream of an average residential property price of...

  • By Simon Morris On Friday, November 06 th, 2015 · no Comments · In , ,

    As warnings issued by the construction industry have previously suggested to Simon Morris, new figures indicate that a skills crisis could hold back UK property development growth. Need for development  It’s becoming increasingly clear that the UK needs more residential property. This country is facing a real housing crisis, and this presents a gap in the market for residential property developers. If you want to look at the role that residential property development is playing in solving...

  • By Simon Morris On Thursday, October 29 th, 2015 · no Comments · In , ,

    A new report has indicated to investment expert Simon Morris that London recorded impressive commercial property investment volumes during the second quarter of 2015. Building boom  London is a global city with a thriving economy, meaning that companies from all over the world have offices the UK’s capital city. This has pushed demand for office space in Britain’s largest city to unprecedented heights, to the point where London is clearly running out of office space. This has spurred a...

  • By Simon Morris On Monday, October 26 th, 2015 · one Comment · In , ,

    Simon Morris has learned that supermarket chain Tesco has decided to sell several sites in the UK’s capital city to London property development specialists for redevelopment. House building drive London is the commercial heart of the UK’s economy. The city has seen swathes of commercial property development over the past few years, but this has had an unfortunate consequence. It has deprived the UK’s capital city of the residential property stock it needs to house the people that have...

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