Property News & Insights
Because we’ve got our finger on the pulse of the property world, we’ve prepared some updates on the latest happenings in the residential and commercial property industry. We’ve looked at the most important stories, market analysis and features relating to property ownership and rental, as well as bulletins from across the industry, help to maximise your portfolio and a bit about what's happening at Robert Irving Burns.
Robert Irving Burns Complete Hounslow Investment Purchase
We are delighted to announce that we have completed on the purchase of Eaton House in Hounslow for a private investor with a purchase price of £8.35m. Eaton House has a long history as a Government let office and is currently used as an immigration centre. The property is currently let to the Secretary of
New Build West End Office Development Increases
According to Deloitte Real Estate’s latest London Crane Survey, new office development has increased in the West End and declined in the rest of Central London. The total construction activity for new offices in Central London totals 12.6m square feet which is a 9% drop on the same survey 6 months ago. The City of
Sole Agents Robert Irving Burns sell Soho Portfolio to Fabrix Capital
Prestigious Soho Portfolio sold for £19.75m to commercial property investment managers, Fabrix Capital. Robert Irving Burns are delighted to announce the sale of the prestigious Soho Portfolio which we first put to the market in the summer of this year. Due to the level of interest, multiple offers were received with the final price achieved
Fitzroy Street is The Beating Heart of Bohemian Fitzrovia
Fitzroy Street is one of the major roads in the Fitzrovia area and benefits from a fantastic history with strong Bohemian roots. On the continuance of Charlotte Street and one of the roads which borders Fitzroy Square, Fitzroy Square is in the beating heart of the Fitzrovia area. It is located close to the Fitzroy
Autumn Budget 2017: How Will It Affect the London Property Market?
As Chancellor of the Exchequer Philip Hammond announces his Autumn 2017 Budget we examine what effect it will have on London property. One change which was announced during Philip Hammond’s speech this afternoon relates to houses which are left vacant. Previously local councils could charge a 50% homes premium on homes left vacant. This has
Marvellous Marylebone is The Perfect Home for You!
Marylebone is one of the most sought after residential areas in London and is famous for its village feel, right in the heart of London’s West End. Thayer Street is one of the most famous streets in the Marylebone area, it runs from the junction of Hinde Street, Mandeville Place, and Bentinck Street in the
Why Wardour Street is a Great Place for an Office!
One of the West End’s most famous streets, Wardour Street is one of Soho’s greatest gems with a wealth of things to do in the area! Running through much of Soho, starting in Leicester Square, going through Chinatown and across Shaftesbury Avenue, finally ending at Oxford Street in the north, you certainly will not be
British Land Announce Redevelopment Plans for 1 Triton Square
Property developers and investors British Land have announced plans to build 310,000 square feet of office space as part of their Regent Place campus with media company Dentsu Aegis as the tenants. The publicly listed company have announced these plans to redevelop the latest part of their Regent Street campus, with their main tenants announcing
New Bond Street is the Third Most Expensive Street in the World for Prime Retail Rentals
London’s New Bond Street has overtaken the Champs Élysées in Paris to become the third most expensive street in the world in terms of prime retail rental prices. According to new data released at international retail property conference MAPIC, New Bond Street is the most expensive street for retail rentals in London, as well as
Admiralty Arch to Become London’s First Waldorf Astoria Hotel
Following the 2015 sale of London landmark Admiralty Arch to Prime Investors Capital, plans have been announced to turn the famous site into London’s first Waldorf Astoria Hotel. The historic building on The Mall – the road which leads to Buckingham Palace – is one of London’s most recognisable buildings. As part of the previous
Crown Estate Announce £100m Regent Street Redevelopment will go Ahead
The redevelopment of Morley House, on the east side of Regent Street, will go ahead, with plans for 44 residential units and 11,000 square feet of retail space. This project is part of the ongoing redevelopment of the Regent Street which was first built in the Georgian era. The total cost of redevelopment of the
Chandos Street: A Historic Street with Character
Chandos Street is one of London’s gems, running parallel to Regents Street and the home of the best private healthcare in the world, Harley Street there is a wealth to do in the area. The plans for developing the area were first conceived at the beginning of the 18th Century, as part of the layout
What Does the Rise in Interest Rates mean for the Property Industry?
As interest rates rise for the first time in a decade, we examine what this could mean for mortgage holders, property investors, and the property industry as a whole. The Bank of England’s committee voted 7-2 in favour of the rise in interest rates which is the first increase since 2007. The last time interest
West End Office Take-up Surpasses Previous Predictions
Central London office space take-up has overtaken a 10-year average in the third quarter of 2017 with more people looking for West End Offices. Despite the fears about the effect which Brexit would have on the London Property Market, the capital has proven itself resilient to external threats and the market has grown. Take-up of
Our Passion is Burning for Berners Street
One of Fitzrovia’s most iconic streets, Berners Street and its surrounding area is well known for its fantastic food scene, as well as its long association with arts and culture. Originally developed as a residential street in the mid-Eighteenth Century by the Berners Estate, this famous street is one of the most iconic places to
Update on new EPC Regulations for Landlords and Tenants
As many of our landlords already know, in 2015 Energy Efficiency Regulators introduced new measures to improve energy efficiency of many private rented properties in England and Wales. As a result of these new measures, from April 2016, landlords are unable to reasonably refuse to upgrade the energy efficiency of their of rental properties if
Cleveland Street: Fitzrovia’s Historic Gem
Located in the heart of Fitzrovia, Cleveland Street is one of the most well-known streets in the area and has a wealth of things to do. Famous for being the location of the BT Tower, Fitzrovia’s most recognisable landmark, Cleveland Street is believed to be unique in London for being part of two separate conservation
Europeans Taking up More and More Prime London Rentals
A new study has found that, despite the threat posed by Brexit, many Europeans are still hunting for Central London rental properties. A recent survey by residential renting site Spotahome Found that French people make up over 20% of the people hunting for residential property in Central London. This far outstrips the number of native
A Portland Place to Be
Portland Place has a long and famous history and is one of the most well-known streets in the Marylebone area. Located in the heart of Marylebone, the street was first laid out in the Georgian era by Robert and James Adams for the Duke of Portland, which is where the area gets its name. Known
We are Proud to Have Completed on a Fantastic Freehold Sale for More than the Guide Price
We are delighted to announce that we have recently completed on the freehold sale of 27 Newman Street for a private client at 20% above the guide price. The Fitzrovia area is one of the most vibrant and diverse parts of London, and is home to many creative, and media companies, as well as the
Robert Irving Burns Complete on Barnstaple Investment Purchase
We are delighted to announce the completion of a freehold investment purchase on behalf of a private client in Barnstaple for £2.325m. Our ever-expanding Investment Department continues to go from strength to strength, purchasing a fantastic commercial office investment in Barnstaple. The property set in this beautiful North Devon market town has a 10-year reversionary
Robert Irving Burns Shortlisted for Commercial Property Award
We are pleased to disclose that Robert Irving Burns have been nominated for the Costar Award for Most Instructions in the West End area in 2017. As one of the leading estate agents in the West End, Robert Irving Burns are always in a strong position when estate agent awards come around. Costar are a
Why We Think Berkeley Street Would be the Ideal Location for you
One of London’s coolest and trendiest streets, Berkeley Street establishments are the regular haunt of many celebrities and even royalty! Could it be the ideal location for your office? London is full of streets with history, charm, and character; it is what makes this city so vibrant, diverse and full of life. One of our
Technology Giants are Choosing to Base Themselves all over London
As more and more and more multinational technology companies look to London for their European headquarters, they are regenerating parts of the city previously viewed as undesirable. As one of the few countries in Europe where almost everyone speaks English, Britain, and especially London, is the ideal place for technology conglomerates to base their European
Optimism in UK Property Sector Doubles According to new Survey
Here at Robert Irving Burns we have noticed that, despite concerns over Brexit and the associated risks, the London property market has remained busy. Our experience has been mirrored by a recent survey which was conducted by London-based law firm CMS which found that 29% of respondents felt confident about the UK rea estate market.
Commercial Department Continues to Complete Deals in Quiet Summer Months!
Despite summer traditionally being the quietest season for commercial property agents, we here at Robert Irving Burns do not rest. Unlike other agents who did not complete many deals and, indeed, used this time as the perfect opportunity to take annual leave, our commercial agency team at RIB continued to exchange and complete on a
Four Other Famous Clocks Around London
Now that Big Ben has chimed for the last time until 2021, we look at four other famous clocks around London. One very famous London clock is located at renowned department store Liberty London. The store itself is designed in Tudor Revival style, and the clock is located above an arch which crosses Kingly Street.
Our Busy Residential Department Completes More Deals!
Here at Robert Irving Burns we are always trying to get the best deals for our clients when they sell their homes. We are pleased to announce that many fantastic properties have recently exchanged. We recently completed a deal in our core Fitzrovia area, selling a fantastic one bedroom apartment, situated on the 6th floor
Could you Have your Bed in Bedfordbury?
Leicester Square and its adjacent streets have always been world renowned. Steeped in history, Leicester Square was first laid out in the 1600s and is one of London’s most iconic squares. The square is most well-known for being the venue for some of the most prestigious film premieres which are held in London. Odeon, Vue,
Five of the Most Iconic Skyscrapers in London
As London’s skyline changes at a rapid pace, we look at five of the most famous skyscrapers in London and the history behind the buildings. The Gherkin: Affectionately known as The Gherkin, 30 St Mary Axe is one of the most famous buildings in London. Construction of the building was completed in December 2003 and
All Souls Church, Regent Street: A History
All Souls Church is a striking building on the northern end of Regent Street, near the BBC’s Broadcasting House. Designed by John Nash who – as the favoured architect of King George IV – designed many parts of London, All Souls Church was consecrated in 1824. All Souls was built in the regency style which
Restaurant Review: Meraki, Fitzrovia
Meraki is a Greek restaurant based in Fitzrovia. It is the latest food offering by the Waney Family whose other London restaurants include Roka and Zuma. As someone with a keen interest in food, as well as a person of Greek origin, when I heard that a new Greek restaurant had opened in the West
Golden Square – A History of One of Soho’s most famous Green Spaces
One of London’s most well-known squares, Golden Square in Soho has a long, fascinating history, and a fantastic location. The name ‘Golden Square’ is believed to originate from Gelding Close which referred to land being used for horse grazing. The area gained fame in the 1700s as the home of many foreign diplomatic envoys from
Central London Property Investment Grows Despite Brexit Fears
According to the most recent figures, property investment in London for the first 6 months of 2017 grew by 18% compared to the same period in 2016. Despite fears about the effects which Brexit will have on the central London property market, the most recent figures have shown that there has been an increase in
A Selection of Our Favourite Rum Bars Around London
On Rum Day, we look at all the best places you can enjoy a rum cocktail in some of our favourite parts of London! Mahiki: One of the West End’s most best bars, this tropical themed establishment is one of the most well-known bars in London. Frequented by many famous individuals including Prince Harry, Beyoncé,
Indian investors are Major Players in the London Property Market
Indian investors are making more and more investment in the London property market, overtaking Arab buyers to become the second largest purchasers. As India’s economy grows, more and more Indian nationals are looking to London as a safe property investment. Indeed, Indians have overtaken Arab Investors as the second largest foreign investors in the London
Georgian Dream: why Albany Street is the Ideal Place to Live
Named after the younger brother of King George IV, Prince Frederick, the Duke of York and Albany, Albany Street is known for its stunning buildings designed by famous architects and artists such as John Nash, and Decimus Burton. Home to many famous landmarks such as St George’s Cathedral, a stunning Antiochian Orthodox Cathedral. Originally consecrated
Views From the Hill: Why you Will Love Primrose Hill as Much as We Do
Famous for its fantastic views all over London, Primrose Hill is one of the capital’s most well-known parks, and the top of the hill is one of just six protected views in the city. Once part of a great chase acquired by King Henry VIII along with Regents Park, Primrose Hill once hosted various jousts
Fitzrovia: a Slice of History and Culture
Fitzrovia is one of the most historic parts of London and was once home to thought leaders such as author George Orwell and American Revolutionary Thomas Paine. Fitzroy Square is one of London’s most famous green spaces and, like the rest of Fitzrovia, is named Charles Fitzroy, Duke of Grafton who once owned the land.
The Future is the Past: Why Primitive Architecture is Making a Comeback
Primal, functional, and ancient. The designs of the past are making a comeback inspired by the technology of today. Old styles of interior design such as reclaimed timber, steel lined factory-style windows, and exposed brickwork are making a comeback. There are accompanied by modern housing developments such as underfloor heating and floor to ceiling doors.
Kentish Town: London’s Lively Creative Hub
Situated near Camden Town and Belsize Park, leafy Kentish Town has a long and proud history. First mentioned in print during the reign of King John, over 800 years ago, Kentish Town is a prosperous, metropolitan part of London. Famous for its thriving music scene, British rock music genre Pub Rock is believed to have
Street Food for Every Mood: Why Rupert Street is such a Great Place to be
Located in London’s vibrant Soho, just a stone’s throw away from the renowned Golden Square, Rupert Street is one of the most popular streets in London. Famous for its regular street food market serving everything from burgers and wraps, to Korean barbecue and falafel, Rupert Street has something to offer even the most discerning of
Noho is a No Go: Why Fitzrovia Doesn’t Need Rebranding
Rebranding areas has always been popular in the real estate industry, often seen as a fantastic way to turn a previously undesirable location into the new up-and-coming city district. This has been observed worldwide, from the rebranding of New York’s famous Hell’s Kitchen to Clinton, to London’s own Holborn being dubbed Midtown by many developers.
Art Deco Buildings: Live in a Piece of History and Dare to be Different
Originating in France just before World War One, Art Deco design is famous throughout the globe as one of the first truly international design styles. As ideas and concepts travelled further and further due to newly available technology, Art Deco was at the forefront of an architectural revolution. Drawing inspiration from a plethora of different
London: a City of Opportunities
London is a vibrant and diverse capital city which provides endless opportunities to investors due to its fantastic links to the rest of the country and the world. It is a world leader in innovation, commerce, entertainment and the arts. With over 1000 daily flights connecting London to the rest of the world, and over
Why we love Margaret Street
Based in a fantastically historic area of Fitzrovia, Margaret Street is an area which has had a long and famous association with culture, the arts, and beautiful architecture. From the stunning Grade I listed Gothic Revival All Saints Church, to fantastic bars such as Beat London, Margaret Street has a lot to offer. Famous for its
Why Middleton Place is the Perfect Home for you
Here at Robert Irving Burns, we always have a variety of interesting residential properties throughout Fitzrovia. Our experience with Fitzrovia and W1 post code as whole is unparalleled and goes back over 50 years. For this reason, we are always able to help anyone who wishes to sell or purchase a property. Our team has
Handsome Apartment on Hanson Street
We have extensive experience buying and selling properties in Fitzrovia and recently sold a fantastic apartment on Hanson Street! When selling your home, there are many important factors to consider. From what price you are willing to sell for, to which company is best placed to achieve a sale you are happy with. Here at
Prefabricated Homes: The Latest Solution to the Housing Shortage?
As modular homes become more popular, they may prove to be a sustainable solution to London’s housing crisis. In years gone by, prefabricated houses had a bad reputation. Associated with the massive building projects of the post-World War Two period, they were known for their undesirable appearance and the that most were originally envisioned as
Robert Irving Burns win Prestigious Soho Instruction
We are excited to announce that Robert Irving Burns have recently won an instruction on a fantastic portfolio of properties, right in the heart of London’s famous Soho. Fighting off fierce competition from other companies, we are the sole agents for this prestigious group of properties. This portfolio is comprised of 6 freehold properties and
Commercial Agency Negotiator
This is an exciting opportunity to join a progressive and expanding Property Company in the heart of London’s West End. RIB has been established since 1962 and developed and maintained an enviable reputation as Central London’s premier commercial and residential property company. This role will suit someone who wants to advance their career and work
Commercial Acquisitions 2016-2017
2016 has been another successful year for the Acquisitions Department at Robert Irving Burns. We have acted on behalf of more clients and secured in excess of 100,000 sq ft in Central London. The properties secured on behalf of our clients have been as varied as their requirements, meaning we have needed to understand the
2016 Annual Commercial Investment Review
RIB was first founded over 50 years ago and, during that time, has been providing high quality property advice to a diverse range of clients including private owners, institutional investors and property companies. RIB is a leading agent in both the commercial and residential markets, operating from our central London office in Margaret Street, W1.