China’s Dalian Wanda drops purchase of Nine Elms Square in London
After Beijing clampdown on overseas investment, site is sold, with permission for 1,900 flats, to unidentified buyer
Property
Global super-rich agreeing to rent luxury London homes without visiting
High-end estate agents say smartphones have transformed lettings and the wealthy are making decisions based on video tours
London’s Walkie Talkie building sold for record-breaking £1.3bn
Sum paid for City skyscraper by Hong Kong food conglomerate Lee Kum Kee is highest ever for a single UK building
High living, low sales: Shard apartments still empty, five years on
Luxury flats with a price tag of up to £50m were touted as an easy sell – yet have failed to shift as the London market slows
Duke of Westminster’s property group to build 1,500 rental homes in London
Grosvenor Group plans to build 11 blocks on 12-acre site of former biscuit factory in Bermondsey, south-east London, aimed at lower and middle income workers
Buy a home, get a car free: offers galore as London estate agents struggle to sell
Incentives including stamp duty subsidies of £150,000, iPads, sound systems and travel deals launched to lure buyers to purchase in capital’s affluent areas