International Business
R&F offloads Vauxhall Square to Far East Consortium
China-based property developer sells huge Nine Elms development at a massive loss.
Knight Frank & Savills suspend Russian divisions
Global property consultancies suspend long-established business ties in Moscow, joining a growing corporate exodus from Russia as the Ukraine war continues.
Property agents urged to check latest sanctions list
The property industry has an important duty to help make anti-war sanctions work.
Toon Planning: Disney draws up grand plans for branded residential property development
One of the biggest brands in the world, Disney, is making a move on the branded residence sector, revealing plans to build large-scale communities from scratch.
Record year sees Sotheby’s International Realty rack up $204bn in global sales
“Real estate proved to be a hot investment in 2021,” says Sotheby’s International Realty chief Philip White, as the brand celebrates a record-breaking year.
Savills adds two branded residence specialists to its global resi development team
Savills has restructured its global residential development consultancy department, adding two new senior faces to focus on branded residential projects.
Engel & Völkers reports best ever year as revenues soar past €1bn
International brokerage benefitted from heightened demand for luxury real estate in 2021
Chestertons launches Global Citizenship Division
There has been a notable increase in interest in "citizenship by investment" programs that rely on real estate acquisitions, says Chestertons, with a "huge rise" in applications for citizenship schemes…
Savills ramps up ski team with two new offices in the French Alps
New outposts have been opened in Moriond (Courchevel 1650) and Val d’Isère.
British property developer opens permanent Hong Kong sales outpost
Galliard has been marketing its London property developments to Hong Kong buyers for 30 years.
‘Banner year’ for US super-brokerage Douglas Elliman
Newly-public firm chalked up sales of $51.2bn in 2021, nearly double the totals recorded in the previous two years
New North America desk for Savills
“The North American desk will act as one point of contact for our clients and to facilitate referrals throughout our global network,” says Savills Private Office Director Rory McMullen.