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Property investors braced for stamp duty hike

Property investors braced for stamp duty hike People buying second homes, including buy-to-let investors, will pay three percentage points above previous rates, in a move which could now provide a window of opportunity for aspiring first-time buyers in the coming months, In the longer term, it has been predicted that rents could be pushed up […]

London property prices soar

London property prices soar House prices rose by 13.5 per cent in the capital over the year to February, bringing the average price to £530,368, according to the latest official data. Meanwhile, property prices in England and Wales rose by 6.1 per cent annually taking the average price to £190,275. On a monthly basis, house […]

GFH joins major London project in $142m deal

GFH joins major London project in $142m deal GFH Financial Group (GFH), a prominent GCC-based financial group, has signed an agreement with Palace Revive Developments Limited worth £100 million ($142.7 million) to be a key partner in the prestigious No 1 Palace Street development in central London. The project is being developed by Northacre, a […]

London’s Qatari Quarter expands with wealthy Arabs snapping up £1billion of real estate including thousands of the capital’s most valuable properties

London’s Qatari Quarter expands with wealthy Arabs snapping up £1billion of real estate including thousands of the capital’s most valuable properties   Investment by Qatari royals and other nationals forms exclusive district Area in London’s Mayfair is said to cover about a quarter of its 279 acres Landmark building is £200m 17-bedroom Grade II-listed Dudley […]

Property Investment: Is London Still the Place to Be?

Property Investment: Is London Still the Place to Be? As far as many property investors seem to be concerned, the streets of London are still very much paved with gold. Many domestic and international buyers – at least those who can afford the high prices – seem to believe that the capital is the place […]

London’s most expensive skyscrapers

London’s most expensive skyscrapers The skyscraper rich list This morning we told you that Qatar owns 34% of the top 15 most expensive skyscrapers in London. This got us thinking and researching the costliest skyscrapers in the capital. Thankfully, big data firm GeoPhy has done the hardwork for us. In its recent survey charting more […]

London house prices: Qataris now own £1bn chunk of Mayfair property – and their favourite addresses are Park Lane, Green Street and Mount Street

London house prices: Qataris now own £1bn chunk of Mayfair property – and their favourite addresses are Park Lane, Green Street and Mount Street Members of the Qatari royal family, other Qatari nationals and wealth funds now own a £1bn chunk of Mayfair real estate, a new report estimates. Almost a quarter of Mayfair’s 279 acres and over […]

Chinese ‘Warren Buffett’ close to acquiring London property

Chinese ‘Warren Buffett’ close to acquiring London property Chinese investment conglomerate Fosun International Ltd, founded by “the Chinese Warren Buffett” Guo Guangchang, is believed to be speeding up its overseas expansion with its latest acquisition in London. A recent Reuters report said that Fosun is set to close the acquisition of the Thomas More Square […]