Henning Larsen have been awarded this year’s European Prize for Architecture, and the housing market takes a surprising turn, all in this week’s Property Portal.

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This year’s European Prize for Architecture has been awarded to Danish firm Henning Larsen Architects, awarded to those who have advanced “the principles of European humanism and the art of architecture”. Perceived as the highest award for architecture, it coincides with the studio’s 60th anniversary. They join a list of stellar firms to win the prize, including BIG, Santiago Calatrava and Alessandro Mendini.

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Honglin L, an architectural designer and visualise, has proposed a series of high-rise waste to energy plants to deploy into the oceans. Acting as a filter, it would generate electricity from the plastic it collects, taking the place of several abandoned oil rigs around the world. Envisioning their initial placement in the Great Pacific Garbage Patch, a mass of plastic waste in the North Pacific.

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It appears that Britons have begun a surprise summer spending spree, keen to buy up houses before the Brexit leave date on 31st October. The number of sales rose by 6.1% year on year in the month in a surprise turn for the housing market.

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An architecture summit is taking place in the main theatre of the Barbican on 19th September, in which architects will join leading academics and campaigners to consider how the architecture industry should respond to a climate emergency. The Architecture of Emergency summit is an attempt to join forces to figure out the best solutions for the problems of tomorrow.

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Reports have been floating around that Chancellor Sajid Javid is planning to reverse stamp duty so that the sellers pay the fee, however he has recently shot the reports down stating, “I wouldn’t support that”. However, reforms to the system are expected.

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Amin Taha’s 15 Clerkenwell Close has been saved from demolition after a long battle with Islington Council, after they ordered it to be demolished.

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The world’s first smart city is set to be built in Las Vegas, costing a whopping $7.5 billion. Bleutech Park will be a digital infrastructure mini-city, containing all the latest advancements in technology, such as automated multi-functional designs, renewable energies, autonomous vehicles, artificial intelligence (AI), augmented reality, the Internet of Things (IoT), robotics, supertrees, and self-healing concrete structures.

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It appears that overseas interest in the London prime property market is waning, with sales to foreign buyers dropping from 58% to 44% for this year.

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Conversely the Madrid prime property market has recieved a boost from foreign buyers, particularly Latin American buyers who are taking a big interest in the Spanish city.

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A bandstand in Beckenham where David Bowie played a gig in 1969 has been awarded Grade II-listed status. Inspired by Woodstock, it was a free gig played on the Croydon Recreation Ground shortly after he released Space Oddity.

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Sajid Javid has announced that £600 million in new funding will be invested to support the building of 50,000 new homes in England.

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Zaha Hadid’s new Opus Hotel is nearing completion in Dubai, a large mixed-use tower with an irregular hole in the middle. Set in the Burj Khalifa district, the Opus will be Dubai’s only building which has both the interior and exterior designed by the late Zaha Hadid.