After a banner year in 2023, London’s ultra-prime property market tipped for more growth in 2024
Values & volumes in the £15mn-plus sector set to rise further over the next 12 months as more global billionaires put down roots in the capital.
A ‘wave’ of wealthy American & Middle Eastern buyers is driving a super-prime property boom in Mayfair
Almost twice as many homes have sold for more than £10mn in Mayfair this year than in 2022.
PCL market to avoid price falls in 2024 & see five-year growth of 18.7% – Savills
Prime Central London is a ‘buy', says agency, as latest predictions show UK's high-end markets bottoming out next year and recovering more quickly than the mainstream.
Revealed: The prime London property market’s winners & losers after a ‘mixed’ year
Where in PCL have prices been rising fastest over the last 12 months? And which riverside neighbourhood has seen sales soar by 40% on pre-pandemic levels?
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NPPF 2024: Eight key planning policy changes & points of note
Savills highlights important changes to the National Planning Policy Framework affecting housebuilders in England, following the government's 'landmark overhaul' of the planning system this week.
‘Trophy’ apartment on Mayfair’s Grosvenor Square sells for £19.75mn
PCL buying agency secures 'once in a decade opportunity' for longstanding client, negotiating more than £1mn off the asking price.
Top-performing European prime property markets to watch in 2025
Knight Frank forecasts price growth across Europe’s key cities & luxury resorts next year, with Stockholm out in front & London at the rear of the pack.
Evolving expectations & industry disruption: Andrew Deverell-Smith on the changing landscape of talent in the prime resi market
Real estate recruitment guru reveals what top candidates in the residential sector really want, and how the major property agencies are adapting their strategies amid a surge in independent operators.
A fifth of estate agents plan to work through Christmas
Agency boss warns of 'burnout' as survey reveals no seasonal break for many brokers.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Chestertons Global targets expansion to 30 countries by the end of next year
Estate agency network is eyeing 'emerging and frontier markets' including India, Australia, Portugal and Iraq.
Guy Meacock: Why London continues to captivate American buyers
'There have been surges of interest from Americans in the past but in 20 years of doing this job, I can’t recall quite so many buying as now'.
Extell & Four Seasons team up for top-end alpine project
New resi & resort offering will be North America's first new luxury alpine village in more than forty years.
Property market sentiment has ‘softened’ in the last few months – Savills
Infography: A survey of the property consultancy's clients reveals a more downbeat outlook amongst home buyers, sellers & investors.
LATEST ARTICLES
Belgravia sees super-prime deal surge as ‘new generation of global buyer’ moves in
International HNWIs have been honing in on the prestigious PCL district in 2024, reports Savills.
Ranked: Europe’s top cities for residential real estate investors
London reclaims the top-spot from Paris in Patrizia's bi-annual index.
Watch: Property portals go head-to-head with holiday season marketing campaigns
Fresh primetime TV ads from Rightmove & Zoopla will air on Christmas Day.
‘The foundations are set for a promising year ahead’ – Garrington
Top buying agency points to improving sentiment amongst home-movers, suggesting average house prices will rise by 3-4% next year.
Stirling Ackroyd names new Sales Director
Alastair Cochrane is now responsible for all the LRG-owned agency's sales across London & the South-East.