020 7538 0102
2nd June 2017
Chalegrove Properties has launched its Landmark Pinnacle development, set to be one of the biggest residential towers in Europe, a 233m, 75-storey tower on the corner of South Dock on the Isle of Dogs. Designed by Squire and Partners, the building is oriented so that each of the 752 penthouses, suites and one-, two- and three-bedroom apartments enjoy natural sunlight throughout the day. Each home features timber floors and floor-to-ceiling windows that all have views either of the River Thames or the dock; residents will have access to the 4,500 ft sq park Pinnacle Park, a 24-hour concierge and the first-floor Media Space which includes a 65-seater cinema, lounge and bar area. Prices start at £425,000 and the first residents are expected to move in during Q3 of 2020.
The Wharf (30/05/2017)
2nd June 2017
Greenland Group has confirmed AECOM as its preferred construction partner for its £800m, 235m Spire London development. The 67-storey tower, in the heart of the Docklands, will provide 861 one-, two- and three-bedroom apartments and penthouses, 765 of which are available for private sale. Completion is scheduled for the fourth quarter of 2020.
Construction Enquirer (30/05/2017)
2nd June 2017
Demand for homes is stuttering amid increasing uncertainty around the General Election, according to the National Association of Estate Agents, which has said buyers are stalling until the result is clear. There were 381 house hunters per branch in April compared to 397 in March, the property body found, and close to 425 in January and February each. Supply of homes also fell with 36 properties available to buy per branch in April versus 39 in March. The number of sales agreed per branch fell from 10 in March to eight in April, while the proportion of sales made to first-time buyers stayed the same at 25%. The NAEA noted that its figures do not account for buyers registering at more than one agent, meaning the number of house-hunters could be even lower.
The Times (30/05/2017)
2nd June 2017
UK house prices fell for the third consecutive month in May, according to Nationwide, the first time prices had fallen for three months in a row since 2009. Prices dropped 0.2% in May, while the annual rate of price growth slowed to 2.1% from 2.6% in April. The average home is now valued at £208,711. Nationwide said the figures are further evidence that the housing market was "losing momentum" and “may be indicative of a wider slowdown in the household sector”.
The Daily Telegraph (01/06/2017)
2nd June 2017
Data compiled by GlobalData WealthInsight has shown that London is home to more multimillionaires than any other city in the world. The number of multimillionaires living in the capital has grown by 3.4% to 4,549 in the past year. London was followed by Tokyo, Singapore and New York. Dublin is also becoming more popular with the world's wealthiest.
Independent I (29/05/2017)
26t May 2017
Developer St George City has launched Emery Wharf, a 12-storey building in Wapping, at the entrance to London Dock - the village being built on the site that was formerly home to News International. Close to Tower Bridge, the Tower of London, and St Katherine Docks, the Patel Taylor-designed building was inspired by the nearby Grade-II listed Pennington Street Warehouse; each of the one-, two- and three-bedroom apartments feature open-plan kitchens finished with integrated black appliances and bathrooms with black framed bath and shower screens. All residents will have access to a gymnasium, swimming pool, sauna, steam room, virtual golf suite, and two private roof gardens. London Dock will eventually host 1,800 homes and over 200,000 sq ft of shops, restaurants, workshops and a secondary school for 1,200 pupils. On completion it will feature six acres of public space, including landscaped promenades, water gardens and Gauging Square – a piazza with a choreographed water feature. Prices at Emery Wharf start at £539,950.
BBC News Daily Mail (23/05/2017)