#PROPERTYOFTHEDAY #35: 6-bedroom detached house – Worsley, Manchester

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On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Owen Knox Estates in Worsley, Manchester and their lovely 6-bedroom … Continue reading

#PROPERTYOFTHEDAY #34: 2-bedroom apartment – Salford, Manchester

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On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Goodwin Fish & Co in Salford, Manchester and their lovely … Continue reading

#PROPERTYOFTHEDAY #28: 10 Bedroom Detached House – London

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On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal.

Today we are highlighting Victor Stone in London and their lovely 10-bedroom detached house property which is currently available for sale for £5,000,000.

Insight on the Property:

Comprising of a selection of apartments this purpose built block offers x2 One Bedroom, x3 Two Bedroom and x2 Three Bedroom Duplex Flats. Finished to a high standard other benefit include allocated parking and long leases. Located within easy reach of Kensal Rise and Ladbrook Grove underground station the property is also situated close to the local shops and amenities.

For more information on this property and the agents, check out the properties listing on their site: http://bit.ly/2Cr8ZGp

 

German property investor buys UK fund manager Rockspring

Patrizia German property investors have purchased UK investor Rockspring in a deal that boosts Patrizia holdings across Europe to around €40bn (£35bn) and gives it an instant London presence.

Rockspring has been seeking a backer to ensure the future growth of the business in the middles of concerns of economic and political changes in the UK. Rockspring have invested in UK and European offices and retail properties since 1984. They will continue to trade as normal, but access to Patrizia’s client base will give it more scope to invest its existing funds across Europe.

“Earlier this year a number of factors combined to make us realise it was the right time to start considering our future and prepare Rockspring for the next phase of its growth.” said Robert Gilchrist, chief executive of Rockspring.

He said Brexit, an uncertain political environment and changing regulations, as well as a strong real estate investment market, had led the management team to its decision.

The company has recently committed to developing the next phase of its Cambridge Research Park, as well as securing a let to John Lewis at one of its warehouse sites. It has also invested in a number of European cities, including buying an office building in Amsterdam last month.

Patrizia meanwhile will be able to access new investors through Rockspring’s London office.

Wolfgang Egger, chief executive of Patrizia, said the deal would allow the firm to “strengthen its market position significantly in its core European markets”.

“This acquisition represents an important milestone for Patrizia in achieving our vision to become a global provider of European real estate assets for our clients,” he added.

There are signs that the slump is easing after prime London property going through a though year

The City of Westminster, Camden, and Kensington and Chelsea are capital’s three most expensive boroughs. According to a report from LSL Acadata published Monday, These three boroughs each saw sales jump by more than 20 percent in the third quarter.

This surge indicates that “momentum is returning” to prime central London after a year of tumbling property prices.

Acadata’s Peter Williams and John Tindale  said “Movement at the top end of the market helps to increase activity all the way down the housing chain,”

The report may also be a cause for optimism nationally. While November’s 0.9 percent annual gain in prices was the slowest since April 2012, and down from 6.3 percent a year ago, they increased from the previous month for the first time since March.The signs of improvement buck a trend of pessimistic reports on housing, particularly regarding London.

In the RICS survey, brokers flagged a range of reasons for the stagnation, including Brexit uncertainty, political instability and November’s interest-rate increase from the Bank of England.

Even in Acadata’s report, the picture isn’t entirely rosy. Prices in the Greater London area were down 3 percent from a year ago in October, with the City of Westminster leading losses with an 18.2 percent drop. London’s market also remains a drag on the UK.

The annual change in prices reported this month would have been 3.3 percent without the capital and the southeast.

 

#PROPERTYOFTHEDAY #27: 3 Bedroom Apartment – Marylebone, London

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On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Manors in London and their lovely 3-bedroom apartment, property which … Continue reading

#PROPERTYOFTHEDAY #26: 3 Bedroom Apartment – Piccadilly, London

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On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Plaza Estates in London and their lovely 3-bedroom apartment, property … Continue reading

#PROPERTYOFTHEDAY #25: 2 Bedroom Apartment – Mayfair, London

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On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Conquest Property Company in London and their lovely 2-bedroom apartment, … Continue reading

#PROPERTYOFTHEDAY #24: 3 Bedroom House – London

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This gallery contains 4 photos.

On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Conquest Property Company in London and their lovely 3-bedroom house … Continue reading

#PROPERTYOFTHEDAY #23: 3 Bedroom Apartment – Picadilly, London

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This gallery contains 4 photos.

On propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal. Today we are highlighting Plaza Estates in Piccadilly, London and their lovely 3-bedroom detached … Continue reading