Equity Release is becoming an important part of financial planning for older homeowners. Home improvements, repaying debts, helping younger family members, and reducing Inheritance Tax are just a few of the reasons why older clients are releasing the wealth built up in their homes.
Knight Frank’s move to significantly bolster its existing team, which up until recently operated out of the firm’s Bristol office, will see 14 planners join the business to focus on London development opportunities. This brings the total team of planners at Knight Frank to 20.
Industrial and distribution units are often developed in out of town locations along the motorway corridors, separated from general amenities. However occupiers have started to respond to this as warehousing facilities can now be called on to cater for a much broader make up of staff.
The business park was formerly the Burberry Clothing factory and has undergone an extensive multi-million pound refurbishment programme to sub-divide and reconfigure its buildings to provide 105,080 sq ft of high-quality industrial and office accommodation. The Capital Markets team of property consultants Knight Frank in Cardiff advised Parc Busnes Treorci on the freehold sale of the of 6.16 acre (2.45 hectare) site.
With a rising urban population and demands for natural resources and space increasing, cities need to adapt the way they approach residential developments. Urban transformations have become a key trend for cities, with many towns and boroughs being regenerated thanks to investment.
As the 31st of October draws nearer and there is seemingly still no end in sight for the UK’s exit from the EU, it appears we’re stranded in a ‘market no man’s land’. In the days that followed the European Referendum in 2016, there was an immediate panic about the impact that leaving the EU would have on prime central London property prices, then and in the future.
The Hinduja family have become world leaders in business over the past century. Knight Frank’s Global Head of Residential Lord Andrew Hay sits down with Co-Chair of the Hinduja Group, Gopichand Hinduja, to talk about how the family is building a legacy in the UK, one rooted in a blend of principle and property
In an extended excerpt from Private View, Lord Andrew Hay lifts the lid on a lifetime in real estate and talks about his experiences and learnings about the state of the industry – and what the future holds
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