Media

Media Articles from 2007

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  Lets rise again

  Property developers are raising the standards of rented accommodation as demand for homes grows.   Renting has bounced back into fashion. In the wake of the credit crunch, would-be buyers are sitting on the sidelines waiting to see how the property market performs during 2008. This is good news for many established buy-to-let landlords in London [...]...more

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  Out to Lunch, Mirabelle

  It is not particularly surprising that property entrepreneur Bruce Ritchie enjoys taking his meals at Mirabelle in Mayfair, London W1.   After all, he is the joint owner. And the art deco eatery, as famous for being a place to see and be seen as for its carefully crafted French cuisine, is not the only clam [...]...more

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  Ritchie’s Residential Land snaps up Pimlico block

  Residential Land, the property vehicle of Bruce Ritchie, has continued its central London spending spree with the acquisition of a block of flats in Pimlico.  It has acquired River Lodge at 128 Grosvenor Road and there is the prospect of more assets to come. River Lodge - London flats for rent in Pimlico The company is believed [...]...more

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  Ritchie buys Bayswater block for serviced flats debut

  Residential Land, the investment vehicle of entrepreneur Bruce Ritchie, has made its first foray into serviced flats sector with the purchase of Grand Plaza in Bayswater, central London. Ritchie bought the 205-flat block from a joint venture between Singapore-based serviced residence operator Ascott Group and Bahraini developer Crown Dilmun. The price is undisclosed, although Ritchie said it [...]...more

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  Rich Pickings

  It is not every day that I get to have lunch at the Mirabelle. And nor is it every day that my lunch companion to have brief talk by mobile phone and coolly buys block of eight flats.    The lunch competition in question is Bruce Ritchie, who just happens to co-own the Mirabelle, one of [...]...more

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  Bruce Ritchie’s London

  Residential Land’s managing director tells Doug Morrison about his assault on the capital’s investment market. Few among property’s high flyers need any incentive to head for the south of France in March. But for Bruce Ritchie there was more to MIPIM this week than his customary ‘meet and greet’ on his luxury yacht in Cannes harbour. It [...]...more

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  Residential Land adds to Hyde Park portfolio

  Bruce Ritchie property Investment Company acquires 7-8 Bathurst Street in central London push.   RESIDENTIAL LAND, THE PROPERTY investment vehicle of investor Bruce Ritchie has bought 7-8 Bathurst Street and an adjoining mews house next to London’s Hyde Park.   The freehold properties have been added to a growing Hyde Park portfolio. They were sold by private [...]...more

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  Residential Land is Sharp about flats

  For many people, buying and selling a flat is a hassle or, at best, a job. For Bruce Ritchie, it’s a way of life.   ‘We’re getting to a stage now where we’re mostly bidding against the institutions,’ says Ritchie. ‘But that can be a big problem because many institutions vendors don’t know us and tend [...]...more

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  ResiLand launches

  Ritchie joins forces with Bank of Scotland for two new residential joint ventures Central London residential investor Residential Land has teamed up with the Bank of Scotland. The bank has set up the two residential joint ventures - Pure Skill and Acquire London - with Bruce Ritchie’s Residential Land to focus on buying high-end residential stock [...]...more

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  Renting in style

  With London’s rental market maturing, developers are finally caching on and building new homes to let rather than sell, says David Spittles. Developers have missed a trick in recent years by failing to cash in on London’s maturing rental market. More than half the numbers of new flats sold are bought by investors and up being [...]...more