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Housebuilder Cairn Homes raises over €400m in LSE debut

by Necco | Jun 11, 2015 | news, Uncategorized

Irish housebuilder Cairn Homes raised over €400 million in new equity capital in its debut on the London Stock Exchange (LSE). The company placed 400,000,000 ordinary shares at €1 per share. Cairn is the first Irish homebuilder to float on the stock market since...

Luxury property chief on social housing, Armaggedon and how to spot the next housing market crash

by Necco | Jun 11, 2015 | news, Uncategorized

At first glance, Alex Michelin, a co-founder of Finchatton, seems every bit the suave developer of luxury properties. His suit is as well fitted as the opulent interiors that he designs, and he sits at a table covered in glossy brochures of Knightsbridge penthouses...

Lack of supply could hold back London property market, it is suggested

by Necco | May 29, 2015 | news, Uncategorized

A limited drip feed of new homes to buy or rent and forthcoming tightening of mortgage lending criteria may hold back the resurgent residential market in London, it is claimed. Demand is still outstripping supply in both sales and lettings now that the political...

Prime central London real estate agents report major boost from election

by Necco | May 29, 2015 | news, Uncategorized

Reports from estate agents in the prime London property market shows there has been a surge of high end deals since the election result just a few days ago. Over £200 million worth of residential property has been sold since it became clear that the Conservatives...

Shoe polish factory with a conscience wins London building of the year

by Necco | May 29, 2015 | news, Uncategorized

The best new building in London, according to the Royal establishment that bestows such honours, is not one of the City’s jauntily sculpted skyscrapers, nor a glitzy cultural beacon, nor even a flagship development of desirable homes. It’s an old shoe polish factory,...

House prices in Britain climb £100 a day in April – just the start of a new spike

by Necco | May 15, 2015 | news, Uncategorized

A further surge in prices is expected to be triggered by general election result with £30m changing hands at dawn on Friday in central London property deals House prices in the UK rose by more than £100 a day in April. It takes the average value across Britain to...
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