Booming London property market help the super-rich’s wealth grow 40%

A booming London property market has helped the richest investors in UK real estate, from fashion chain Zara’s owner to Lord Sugar, boost their wealth by 40% over the last 12 months a report has revealed. BBC’s The Apprentice star Lord Sugar, business tycoon Gerald Ronson, Sports Direct founder Mike Ashley and even the artist[…]

Wealth of 250 richest people with UK property assets soars 40pc to £300bn

The combined wealth of the world’s richest people has jumped from £218.3bn last year. The net worth of the world’s 250 richest people with property investments in the UK has jumped by 40pc to more than £300bn, the largest annual increase on record. The list, published by property publication Estates Gazette, features 60 billionaires, compared[…]

Lord Sugar tells his Apprentice to invest in property if he wants to be wealthy in business

Lord Sugar may be looking for a new business partner in the next series of The Apprentice, but the self-made entrepreneur apparently believes that property development is still where the big money is to be made. Speaking about his first year in business with Lord Sugar, Mark Wright, the winner of last year’s Apprentice, said[…]

How foreign buyers bought £100bn of London property in six years

Wealthy investors have snapped up at least £100 billion of property across London using overseas companies in the past six years, new figures reveal today.     Official data seen by the Standard shows that since 2008 there have been 27,989 purchases of homes, buildings and land in the capital by shadowy corporate structures usually[…]

Transport for London picks 300 acres for property development drive

The capital’s transport body has chosen some of its most valuable sites to lead the way in exploiting its land assets Transport for London’s journey towards becoming a major property developer in the capital has reached another milestone with its announcement that over 300 acres of its land comprising 75 sites will be made available[…]