Property firm expands in Scotland: Lambert Smith Hampton, the commercial property consultancy, has appointed Craig Maguire as head of its Scotland operations as the firm gears up to double its size North of the Border.
London ‘to grow twice as fast as north despite Conservative policies’: The economic gap between London and other major cities will widen significantly in the next 10 years, undermining the Chancellor’s push to create a “northern powerhouse”, according to a report.
Selling to uber-rich is a home banker: Knight Frank’s 65 equity partners will share a bonus pot of about £80 million this year after the property consultancy notched up a record set of results, despite signs of a slowdown at the top end of London’s housing market.
Chinese fund poised to enter bidding war for City airport: A secretive Chinese investment fund is understood to be poised to enter the £2 billion bidding war for London City Airport. Gingko Tree, a division of the Chinese state’s foreign exchange regulator, is believed to be in talks with Australia’s Macquarie about teaming up to make an offer for the East London airport.
Stamp duty rise hits top London house prices: Prices for the most expensive London properties have gone into reverse after a big rise in stamp duty, with concern mounting that the hangover in the market will last longer than expected.
Construction cements its post-election bounce back: The sustained recovery of the British construction industry accelerated in September as growth hit its fastest rate in six months. The construction purchasing managers’ index, produced by Markit and the Chartered Institute of Procurement and Supply, rose to 59.9 last month, its strongest number since February. The index had been expected to come in at about 57.5 but the strength of the new housebuilding market and better hiring levels pushed it above expectations.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.