Aussie government ‘forces sales’ of 316 foreign-owned properties
Australian Taxation Office cracks down on rule-breaking overseas investors
Hong Kong trumps New York & London for ultra-prime property sales
Hong Kong has seen more ultra-prime £20m+ residential property sales in the last year than any other city. London has fallen to third place, behind New York
‘The Great Moderation’: Knight Frank predicts a convergence of price growth across global prime property markets
“More muted growth is the main story” behind Knight Frank’s 2019 forecast for the world’s key luxury property markets
Global property price inflation hits a two-year low
The average residential property prices across 57 countries and territories around the world has escalated by some 41% since Knight Frank started counting back in 2009
The City of Lights Vs The Big Smoke: Comparing prime property markets in Paris & London
Paris and London are very different cities – but they also have a lot in common, and both hold strong appeal for HNW property buyers. Coutts Bank, LonRes and Savills have all been looking into how residential property scenes stack up in the capitals on either side of the Channel…
Prime global cities post lowest annual rate of property price inflation in six years
Singapore and Hong Kong have seen prime property prices rise the fastest in the last year, says Knight Frank; Vancouver has seen the biggest fall
Short-let shock as Paris tenant forced to hand over €46k in Airbnb income
Record penalty handed down after owner finds her apartment had been sublet on Airbnb since 2011; US-based platform separately fighting off claim by French hoteliers that it should be classified as a ‘real estate agent’
Mapped: Global wealth growth, inequality & millionaire populations
Total global wealth has risen by 4.6% in the last 12 months, reports Credit Suisse, while the world’s dollar millionaire population increased by 5.8%
Significantly more global HNWIs are looking to buy homes than sell
38% of the world’s wealthiest are in the market to buy a new home within the next three years, while just 23% are considering selling
‘Angry mobs’ target developers’ offices in China after price cuts
Full-price buyers have been demonstrating against Golden Week price promotions
Ten trends set to influence the Alpine property market
Knight Frank takes the temperature of the market for ski chalets in prime French and Swiss ski resorts, finding that Villars and Verbier have out-performed in the last 12 months
Spending habits of the super-rich; a field-guide
Art, property, travel – and ginger biscuits. Quintessentially Estates has taken a look at how its international HNW clients like to spend their wealth