In Q3, the volume of commercial real estate investments was 41% lower than last year and 63% lower than the average of the past 5 years, even though it did improve compared to Q2. The values went up thanks to the biggest deal of 2020, that is, selling 25 Cabot Square, an office building in Canary Wharf in southeast London for £380 million to Link REIT. The deal was an impressive debut of the Hong...

Just before the holidays we’d like you to meet our team and share our holiday spirit. We asked each member of our team to name their favourite Russian and foreign films devoted to the holiday season.  All in all, welcome a great selection of films that go perfectly with salads and tangerines!  Alisa, CEOMoscow - London ⭐ Charodei  ⭐ Elf Анна, investment advisorSaint Petersburg - London...

In 2020, the offices of London became deserted. By Q3, the volume of rental transactions in office real estate dropped by 71% from the same period last year and by 67% on average compared with the level of the previous 5 to 10 years. Lockdowns and restrictions resulting from the global pandemic made paying office rent more complicated, as many London-based companies vacated their offices as early as...

Despite the forecasts, 2020 is looking more successful for the UK residential market than the previous year. Compared to autumn 2019, prices across the UK increased on average by 5.5% — a record rise in recent years; in London, this figure reached 2.4%. The number of sold properties was also significantly higher than in 2019. According to LonRes, the number of properties going under...

In July a Stamp Duty Land Tax (SDLT) holiday was introduced in the UK in order to maintain the activity of the real estate market and spur demand during the difficult time of the pandemic. So, what does this mean for the buyers:  1. Any property buyer will save £15 000 on their purchase until the 31st of March 2021, due to the raising of the tax-free threshold of purchase...

At the beginning of the year, we started looking for a property to acquire for our clients in South Kensington. Their search focused on the proximity to Hyde Park on its southwest side. Ideally, they wanted a house on a specific quiet street that they knew well and simply loved. We checked many options ourselves and viewed plenty of apartments and houses with the client, but there was nothing...