London’s housing market will be buoyed by an injection of £5.5bn in City bonuses in 2007, helping to underpin another year of double-digit house growth in the capital, according to Savills.
Savills said it expected London house prices to rise by 10% next year, lower than this year’s expected outcome of 12%, due to higher interest rates.
References: Financial Times 18/11/06 page 3
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Including:
A local private investor has snapped up the multi-let office for £6.1m
Agency sees group-wide rises for leasing and capital markets revenue
The refurb is set to deliver 250,000 sq ft of office space at 125 Shaftesbury Avenue
Fund house picks up city site from Nuveen
