London market staged a late recovery yesterday

On the downside, real estate shares took a hammering after a broker downgrade for Segro – formerly Slough Estates – from HSBC. Segro dived 2%, or 12½p to 625p, while Hammerson fell 26p to 1434p and Liberty International eased 28p at 1145p.

British property prices are not about to fall sharply

The central bank has hiked rates four times since August and is widely expected to lift them again next month, raising concerns that the robust housing market could falter due to constraints on affordability, rising debt and insolvencies.

Russian tycoons make London real estate go up

The most popular London districts amongst the rich customers are Belgravia, Mayfair, Knightsbridge and Chelsea. According to the real estate agents, last year 20-30 houses which cost from 10 million pounds were sold there, while houses in more than 50 streets in central London went up in price by more than 30% within a year.

A Rocky Start for British REIT

AFTER much fanfare, legislation creating real estate investment trusts in Britain, one of Europe’s biggest property markets, took effect on Jan. 1. Almost immediately, nine of the country’s largest real estate companies converted to REITs, while five others made the switch soon after and a handful more plan to follow suit by year-end.

Merrill Lynch today announced the sale of its flagship City of London office

An affiliate of GIC Real Estate, the property investment arm of the Government of Singapore Investment Corporation, has agreed to purchase Chapterhouse Holdings Limited whose primary asset is the Merrill Lynch Financial Centre (MLFC) at 2 King Edward Street. MLFC is leased by Merrill Lynch for a term of 15 years with renewal rights extending significantly beyond the initial term.

England House prices rise modestly in June

LONDON (Reuters) - Asking prices for homes in England and Wales picked up modestly from mid-May to mid-June but property inflation held below peaks scaled earlier this year, a survey showed on Monday. Property web site Rightmove said prices rose an annual 13.2 percent during the month. This compares with the previous month's 13.1 percent rise and four-year highs of 15 percent in late March/early April.

Avanta Acquires 43,000 sq ft in Harrow

The building is situated in a prominent position in Harrow, on the south side of College Road, immediately adjacent to the entrance to Harrow on the Hill Bus Station Terminal. It has the additional benefit of multi-story parking facilities adjacent to the rail station and a short distance to the town’s local amenities.

London property prices are rising

The report provides further evidence of the twin-track property market, with prices slowing down across the country, except in London, where they continue to soar to astronomical levels.

London property prices 'rise 33% in a year'

Property prices in London's poshest postcodes are rising at their fastest rate for almost 30 years, figures today indicated. The value of homes in prime areas of the capital swelled by 33.3% in the 12 months to May - the highest rate of annual inflation since March 1979.

UK property market 'remains healthy'

The latest House Price Index released by the Department of Communities and Local Government (CLG) confirm that the UK Property market remains healthy, despite the most recent interest rate rises. According to the report, the mix-adjusted UK house price rose from £206,890 in March 2007 to £209,454 in April, not accounting for seasonal adjustments.

Prices of prime property in central London are growing

Research has shown that London’s traditional spring market rush is starting earlier and earlier every year. Over the past two years the market has opened in December rather than March and runs on well into May. The beginning of this year saw a price growth totalling nearly 11.9 percent in the first quarter.

Going green pays off for UK property developer

CLIMBING THE stairs to the first-floor offices of Grant Management's New Town headquarters in Edinburgh, visitors pass a framed photograph of the property firm's founder Peter Grant meeting Bill Clinton.

UK house prices increased by 0.3% in May

The annual rate of house price growth nudged lower for the second successive month to 10.6% from a peak of 11.1% in March.

Price of one bedroom flat hits a record £3 million

Experts believe London has effectively become "detached" from the rest of Britain's housing market because of the influx of foreign capital and massive City bonuses.

Investment manager Cohen & Steers opens in London

US investment manager Cohen & Steers has opened a London office to cater to institutional investors’ interest in real estate shares.

London property streaks ahead

House price growth in London again outstripped the rest of the country in April, according to new research

London midmorning: Real Estate, brokers fuel rally

London rose, helped by a strong close in the US overnight, while broker comment and a strong show from the real estate sector further fuelled buyer appetite.