Asia is now home to more billionaires than the USA
European billionaires are hunkering down; total wealth increased by 5% in 2016, while the number of billionaires in Europe increased by just three to 342.
London has over 6,000 UHNW second home owners
New York leads the world in terms of overall UHNW presence, but the UK capital has a far higher proportion of mega-wealthy 'second homers'...
By PrimeResi
Rise of the ‘New Aristocracy’: Profiling the world’s younger HNW home-buyers
There's a new breed of affluent home-buyer, declares Luxury Portfolio after looking at some demographics and research findings on the world's super-rich.
By PrimeResi
The world’s billionaires have seen a ‘significant decrease’ in wealth & numbers
UK billionaires' combined net worth fell by 17% in 2018, reports Wealth-X
By PrimeResi
Most read
Big-ticket townhouse sale completes in Marylebone
Buyer exchanged on 'incredible' mixed-use proposition, listed at £22.5mn, just before the Budget.
High-end brokerage adds trio of PCL specialists
United Kingdom Sotheby’s International Realty bolsters London sales team with more senior hires.
Some leasehold reforms to be enacted ‘at pace’ next year, promises government
The 'two-year rule' will end in January, but the announcement of more consultations mean major changes to the leasehold system are still some way off.
By PrimeResi
Knight Frank trims house price forecasts for 2025
But Tom Bill's team has upgraded its outlook for prime London property price growth over the next five years.
By PrimeResi
‘Game-changing’ new index promises transparency & clarity for luxury property projects
RedBook debuts 'industry-first' benchmarking tool for clients & advisors; reveals key insights into the design & construction sectors' 'world of smoke and mirrors'.
Wealth industry awards recognise top HNW advisors
UK Sotheby’s International Realty picked up the Grand Prix 'Private Client Firm of the Year' at the 2024 Spear's Awards, while Becky Fatemi was named Property Broker of the Year.
By PrimeResi
In Pictures: Manchester’s ‘most expensive completed penthouse’ seeks £3.5mn
'Our Viadux penthouses bring to Manchester’s prime city centre a level of quality and sophistication that’s usually only seen in London,' says Salboy chief Simon Ismail.
By PrimeResi
In Pictures: Design studio completes ‘spectacular’ Nine Elms penthouse project
1508 London delivers a lesson in 'soft minimalism' with this ethereal creation for an international client.
Expert Views: Property industry insiders on the government’s latest leasehold reform plans
Lawyers & leasehold specialists weigh-in on a big update on leasehold reform - including that the 'two-year rule' for leasehold extensions ends in January
By PrimeResi
Eight Charts: Benchmarking luxury construction costs & practices
New report lifts the lid on the inner workings of the UK's high-end design & construction sectors.
LATEST ARTICLES
Chestertons appoints new Mayfair Sales Director
Elliot Fensom has been given a flagship Prime Central London role after a spell as the estate agency's 'Roaming Sales Manager'.
By PrimeResi
Contractor signed for super-prime St John’s Wood Barracks scheme
Multiplex is aiming to complete shell & core works at Sir George Iacobescu's St John’s Wood Square development by the end of 2026.
By PrimeResi
Abrahmsohn: What are the New Year indicators for the resi property market?
Following an eventful few months, veteran agent Trevor Abrahmsohn looks at what 2025 could have in store for the capital's buyers, sellers, landlords & tenants.
Luxury housebuilder seeks financial support after ‘challenging year’
45-year-old firm specialises in delivering high-end family homes in London and the Home Counties.
Beauchamp recruits St John’s Wood lettings manager from Savills
Ziad Hijazi is now handling prime & super-prime rentals in north London for Gary Hersham's boutique estate agency.
By PrimeResi