International
Global luxury property market index turns negative for the first time since the Global Financial Crisis
Top-end property values are now falling in 16 of the 46 markets tracked by Knight Frank's Prime Global Cities Index, and 'downward pressure' is expected to continue for the next few quarters.
Receivers offer Frank Gehry-designed Hong Kong apartment for c.£69mn
The property is "easily one of the most precious residential properties in Asia," a Savills exec told the South China Morning Post.
Labour floats caps & higher taxes for foreign buyers of UK properties
It's suggested that the Labour Party would hit overseas buyers with higher tax rates and impose restrictions on who can buy new-build homes in the UK.
International branded resi developer Dar Global heralds ‘excellent’ trading since listing in London
'The Ultra High Net Worth Individuals who we typically serve are unaffected by the current global economic uncertainty,' says Dar Global, which floated on the London Stock Exchange in February.
Middle Eastern investment firm to build $2bn UK residential property portfolio
Rasmala plans to create a huge resi investment fund, focusing on build-to-rent and serviced apartments in and around London.
Christie’s International Real Estate signs up luxury Munich brokerage
High-end independent firm Riedel has a 40-year track record in the city.
Property Vision goes global: Top UK buying agency launches international network
40-year-old firm creates a global buying agency network covering the world's top luxury property enclaves.
Knight Frank’s Faun relocates to London
The head of the agency's Private Office in the Middle East has spent the last decade in Dubai.
Singapore doubles stamp duty for foreign buyers
The government's latest bid to 'moderate investment demand' will see the tax rate for overseas purchasers hit an eye-watering 60%.
How much residential space can you rent for $2,000 a week around the world?
'Most of these 25 cities have outperformed 2019 rental values and look set to continue growing this year,' says Savills.
Northacre teams up with Nest Seekers in New York
“Nest Seekers is delighted to bring London’s premier projects to US buyers,” says CEO Eddie Shapiro.
The world’s ‘most expensive plot of sand’ sells for over £27mn
"An AED125mn transaction would normally represent a spectacular penthouse or palatial mansion," says Knight Frank