On Friday 10th January, Elevate PR helped Prime Central London Buying Agent, Black Brick host its inaugural new year Property Predictions Round Table event at Balthazar in London’s Covent Garden.
The event was chaired by Founder of Black Brick, Camilla Dell and her Partner Caspar Havard-Walls as they shared their thoughts on what’s in store for the year ahead in the London property market.
Media from the likes of the New York Times, Bloomberg and Spear’s Magazine hotly debated topics such as the growing trend in property sellers wishing to sell off-market, the strength of the USD against a weakened GDP in recent months, through to the impact of climate change on property decision making and further still, looking ahead to the influence of the US Elections at the end of 2020. What makes London unique was also discussed – the re-emergence of ‘neighbourhood communities’ seems to be a new strategy for many of London’s most prestigious private estates such as Grosvenor, Cadogen and the Crown Estate. Whereas, the iconic London pub appears to be under-threat in parts of London where canny developers have converted these distinctive buildings into residential properties.
Overall the event was full of positive energy for the year ahead - after almost three years of social and political uncertainty – Black Brick predicts a 10 per cent up-lift in asking prices for the most desirable parts of Prime Central London, and clients’ budgets are anticipated to rise from an average of £4million to £6.25million in 2020.
To read Black Brick’s full January newsletter Visit www.black-brick.com
