International

The US prime property market is reeling after the government announced plans to effectively end buyer anonymity in New York and Miami.

JLL has significantly boosted its presence on Portugal's prime resi scene with the acquisition of a top four agency based in Lisbon.

London isn't the only place where top-end transactions have tanked recently. Although the prices of luxury apartments in Manhattan hit new heights in 2015, the number of $10m+ deals fell by nearly 14%.

A 27-year-old from China has reportedly shelled out over £25m for a mansion with views of Sydney Harbour Bridge. It's expected to be confirmed as the second biggest resi sale in Australian history.

Sydney will see the biggest rises in residential property prices of any prime global city this year, says Knight Frank, while Hong Kong, Singapore and Paris are all likely to see price drops.

Knight Frank has recorded a 0.9% fall in prime global rents in the year to September, a stark contrast to the 3.4% rise seen a couple of years ago.

Top-end developer Finchatton has given us a sneak peek at its latest international design project - a $24m, 7,775 square foot residence in one of the world's most exclusive resorts.

Residential property will be front and centre at next year's MIPIM in Cannes, with the event's main theme being "Housing the World."

It's been reported that a monumental château outside Paris has just sold for $301m (about £200m), which would effectively smash the current world record.

One of the last undeveloped plots on Miami Beach has just been sold for an incredible $38.5m (£25.3m).

New York, London and Hong Kong are the most expensive locations for construction in the world, with cost premiums of between 40% and 60% compared with many European cities, and a "severe construction…

If the government was hoping to put a stop to wealthy foreigners investing in the UK, then raising the minimum threshold on investor visas from £1m to £2m may have just done the trick.