Catch up on this week’s news. Here are our top 5 property and investment stories of the week.
London’s top properties head for price plateau – Financial Times
The boom in London’s high-end housing market is showing signs of petering out as the impact of the government’s tough stamp duty measures begin to set in.
Buying beats renting in Britain’s towns and cities -The Independent
The cost of home ownership is cheaper than renting in 42 of 50 towns and cities across Britain, according to new figures from Zoopla.co.uk.
Rental britain – Mortgage Strategy
Owning a mortgage could become just a distant dream for many people as rising costs and shrinking supply mean they will be bound to rent all their lives
Real estate becoming ‘forgotten’ asset class in defined contribution world – IP Real Estate
EUROPE – Real estate risks becoming the “forgotten” asset class as Europe shifts away from defined benefit (DB) arrangements to defined contribution (DC), Goldman Sachs Asset Management’s head of global portfolio solutions has warned.
Pension funds lined up for housing development fund – IP Real Estate
UK – Cordea Savills claims to have lined up pension fund investment for its prime London residential development fund, having already secured £25m (€31m) from a private bank.