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Real Estate

Offices: the reset

Offices always held the top of the list for the most popular types of property investments in London. But the pandemic seriously shattered this sector. According to the report of EG Radius consulting group, the number of offices let in London, hit the record minimum twice in 2020. The volume of offices sales hardly reached £7.1 bn by the end of 2020, which is a third less than in 2019 and a half of the...

4 interesting facts about the residential property market

1️⃣ The end of 2020 proved that it’s useful to arrange tax holidays from time to time. The number of residential property transactions in Q4 2020 is 17% higher than in 2019 and 26% higher than the average number of transactions in the same period during the past 10 years! 2️⃣ The buyers’ preferences have also changed: the demand for country houses with gardens and flats with...

A property deal in the new reality: can you sell the house remotely?

We have recently completed a residential property transaction in London suburbs. This transaction was unique due to the following reasons: ? Remote selling It was the first time for us when we didn’t even see the house before selling it. Usually it’s not the case. But this time, taking pandemic and distant location into account, we evaluated the property remotely, made high-quality photos and a...

How did pandemic affect the commercial property market?

The changes on the commercial property market is a key question for its parties. Despite a challenging 2020, London commercial property market remains attractive for investors. The results of the global investors poll show that 99% are keen to invest in the city even after pandemic, with 79% currently actively doing so. We can offer you different types of investment properties: ? Development schemes...

Alisa Zotimova tells Mayfair Times how she started AZ Real Estate

FROM MOSCOW TO LONDON From A to Z Residential and investment property advisor Alisa Zotimova swapped Moscow for Marylebone many years ago. Here she explains why. Alisa Zotimova moved part way around the world to find her London home. Now, as a property entrepreneur, she helps others buy theirs. What’s all the more surprising is she “fell” into a property career by chance. Back in 2001 Alisa...

Lockdown in the UK: are viewings and real estate deals allowed?

A new lockdown was announced in the UK. It started on January 5 and is supposed to go on till mid February 2021. However, property market can remain active as during the second lockdown. It is allowed to buy, sell, rent and view flats and houses if the necessary precautions are made. What is allowed and how real estate agents work during the lockdown? To begin with we will offer you a virtual...

Commercial Real Estate Investments in Q3 2020

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...

AZ Real Estate team: Our Guide to Festive Films

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...

Will Zoom Become for Office Real Estate What Amazon Became for Street Retail?

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...

Briefly on the residential property market

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...

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