In Pictures: Ballymore submits 336-home plan for Dublin’s new ‘Guinness Quarter’
If planning approval is granted, the mixed-use reinvention of the historic St. James’s Gate brewery in Dublin 8 is expected to be completed in 10-15 years.
Weak sterling opens a ‘window of opportunity in London for Middle East investors’
JLL estimates that sterling buyers are currently paying 35% more for London properties than they were in 2014, while those purchasing in US dollars are paying 3.8% less.
Finlay Brewer recruits ‘lifestyle entrepreneur’ to run Riviera property sales
Layan Mahshi is now handling luxury property sales across the South of France, Marbella and Montenegro for the overseas division of West London estate agency Finlay Brewer.
Knight Frank downgrades international prime property price forecasts
“A lot has changed in global property markets since we issued our last global prime residential forecast in December 2021,” says Knight Frank. “The recession threat has broadened, inflationary pressures have soared and mortgage rates are on the up.”
Waterfront price premiums rise around the world as demand surges
The average international premium for a waterfront property compared with a non-waterfront home has climbed to 40%, according to Knight Frank.
Luxury fractional ownership firm inks deal with US brokerage The Agency; launches search for UK & Europe partner
Having signed up billion-dollar brokerage The Agency in the US, Sonhaus is now looking for a partner in the UK & Europe to help ‘transform the second home market’.
Prime rental growth outpaces capital values in most global cities
“Megacities are once again thriving as tenants are drawn back to urban living after the lifting of lockdowns,” says Savills, as prime rents climb in New York, Singapore, London and Los Angeles. “The Covid lockdown rental deal is definitely a thing of the past.”
’One of the last great unclaimed spaces in New York City’ offered for $59mnÂ
Combining the two remaining units at Alchemy’s Woolworth Tower Residences would deliver a 12,000 sq ft spread with a 400 square foot terrace overlooking the Big Apple.
‘The winds of change are blowing through global property markets’ as price growth slows
Knight Frank’s latest international index tells of cooling housing markets around the world, including at the top end.
Sotheby’s International Realty rolls into Byron Bay
Global real estate brand opens doors to 11th affiliated office in Australia.
Luxury Portfolio International signs up 12 new brokerages
Real estate network makes its first foray into Singapore and the Caribbean islands of Antigua and Barbuda with latest raft of signings.