International
New Iberian head for Engel & Völkers to drive Portuguese expansion
Engel & Völkers has set a significant growth plan in progress across Spain and Portugal, recruiting a new Director of Sales & Expansion and announcing an intention to open 38 new shops by the end of…
Opera Houses: Emaar debuts Dubai mega-laterals in London
UAE developer Emaar Properties has decided to launch its super-ambitious new tower scheme at a no-expense-spared showcase at Harrods of London.
Plans go in for ‘iconic’ new skyscraper in Berlin; tallest resi tower to ‘change the face of the city’
New plans to build a skyline-altering resi tower in Berlin have been unveiled.
Buyer pays $18m over the asking for New York apartment
While buyers may be busy chipping away at prices in London, a mega-CEO in New York has just paid $18m over the asking for an Upper East Side apartment.
London property lenders put on hold as Brexit uncertainty grips
Singapore's third largest lender, UOB, has suspended its loans programme in London "for the time being" in the wake of Britain's vote to exit the European Union, and a UK bridging lender has "paused" second…
International property marketing service expands portal reach
Properstar, a property portal designed to help UK agents market to an international audience, has signed a deal that nearly doubles its network of portals around the world.
Prime global rents fall for third quarter in a row
Top-end rents around the world have fallen for the third consecutive quarter, says Knight Frank, as London slips to 11th in the firm's prime rental rankings.
Overall, prime rents dropped by 0.
46% of Chinese buyers expect demand for UK property to increase post-Brexit
46% of potential Chinese buyers of UK property think that demand will rise in the wake of a British exit from the EU, according to a survey by Juwai.
Russian real estate buyers rein in their overseas spending
The amount spent by individual Russian buyers on overseas property investments has reached its lowest point since the Central Bank of the Russian Federation started keeping track.
Eurozone buyers ‘snapping up bargains in London’ as currency wobbles offer discounts
Euro buyers have been grabbing £26,000 discounts on London property, says Stirling Ackroyd, as EU Referendum nerves caused sterling to nosedive in June.
Manhattan 2020: Visualising a new skyline as the new-build boom returns
New-build apartment sales in Manhattan "are poised to reach a level not seen since last decade’s boom cycle by 2018", says New York brokerage CityRealty, as condominium development activity in the best…
Courts uphold Berlin’s short-let ban
Late last year, Berlin made the vast majority of Airbnb-style short-let rentals illegal.