Posted Friday 3rd September 2021
London has some of the most expensive real estate in the country but who owns it? Property Week have joined forces with Datscha to reveal who owns the biggest sections of the capital. Take a look and see.
August saw property prices accelerate once again with an average increase of 11%. Despite the stamp duty reduction starting to taper off, property prices recorded their second largest month-on-month rise in 15 years.
Is the office a thing of the past? It doesn’t seem that way. In the three months leading to June, office rentals in London were at the highest volume since the first lockdown.
According to a recent report by Shawbrook Bank, the private rented sector in England, Wales and Scotland has grown, reaching a total of £1.4trn. The increase in demand for rented property is good news for landlords following a period of difficulty.
Following in the footsteps of Tipi, the UK’s pioneering build-to-rent company, many large scale investors are looking to create their own properties as rental demand shows no signs of slowing. Lloyds Banking Group is the latest to enter the market with plans for 50,000 properties in the next decade.
This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.
Joelson, the leading London law firm, has successfully advised the sellers of Pet Microchip Services Ltd (PMS) on its sale to Identi.
Joelson has advised the company and management of Addison Lee on its acquisition by ComfortDelGro, a leading multi-modal mobility operator.
