Sydney penthouse obliterates Australian price records
Mystery purchaser bags a three-storey spread at the Renzo Piano-designed One Sydney Harbour for A$140m (£74.4m), in deal described as a ‘paradigm shift’ for the Australian property market…
Berlin to impose five-year rent freeze from January
German city confirms a plan to freeze rental values to 2018 levels until 2022
Triangle & VIC launch Lisbon’s new Renzo Piano-designed waterfront neighbourhood
In Pictures: Prata Riverside Village is delivering more than 600 new homes on the banks of the River Tagus in Portugal
Bel Air mansion lists at $225m, eyeing a third price record
Casa Encantada was once the long-term home of hotelier Conrad Hilton, and has twice been the USA’s most expensive home; it’s now on the open market, looking to set a Californian price record for the third time
Pop star skirts agents to market LA home directly to Instagram followers
Justin Bieber has asked his 120 million Instagram acolytes if any of them want to buy his $8.5m house in Beverly Hills. “I’ll sell it with all the furniture”, he commented; “MAKE ME AN OFFER”
Buffett’s HomeServices expands in Europe; London arm plots significant growth
American real estate giant’s new Spanish & Portuguese outposts “will open referral channels and increase listings exposure” says London agency Berkshire Hathaway HomeServices Kay & Co – which plans to add ten new branches in PCL over the next decade
Early top-out for Damac’s inaugural London tower
“The success of Damac Tower Nine Elms has prompted the company to look for other investment opportunities in London,” says the Dubai-based developer
Xi’an & Budapest outperform as global cities see property price growth moderate
The average annual rate of property price inflation across the 150 cities tracked by Knight Frank’s Global Cities Index has fallen from 6.7% in 2016 to 3.5% in 2019
Sotheby’s sails into Cyprus
Luxury real estate network boosts its coverage in the Med
What do UK property investors think about overseas buyers?
Fears over the UK losing its appeal on the world stage juxtapose calls for curbs on foreign investment in poll of 1,000 domestic players
Monaco property scion plots £100m prime resi pipeline in London; acquires significant Mayfair block
REDD was launched by Jacopo Marzocco – of Monaco’s Marzocco luxury property dynasty – in 2016; the developer / investor is now making a big move on prime London