International
Los Angeles Times: L.A.’s rich are already scheming ways to avoid new ‘mansion tax’
'Rich people are very clever,' says a real estate broker in California. 'They know how to manage cash, and they have time to look for loopholes.'
Global real estate markets slow as interest rates climb
'Real estate returns have slowed, and transaction activity has fallen as some deals agreed at prices prior to the slowdown have been aborted,' says UBS.
Venture capital firm raises $1bn for PropTech investment
Fifth Wall has just raised over £700mn for the world's biggest ever proptech investment fund, taking the heavyweight-backed VC's total capital under management to around US$3.2bn.
DAMAC & Mandarin Oriental embark on five-star Maldives project
UAE developer & luxury hotel group are delivering 130 stand-alone villas - including some branded residences - across three private islands in the Indian Ocean paradise.
Global house prices continue to rise, but are falling in real terms
Knight Frank's Global House Price Index showed an 8.8% increase in the year to Q3, down from a peak of +10.9% in Q1 2022.
LA to implement ‘mansion tax’ of up to 5.5%
58% of Los Angeles residents voted for a new levy on property transactions above $5mn.
Christie’s targets Caribbean expansion
Newly-formed ‘network within a network’ is aiming to hit annual sales of £1.5bn across the region.
HNW Hotspots: Where the world’s wealthiest are looking to buy homes in 2023
London, New York & Dubai lead the way for HNWI home-buying intentions, reports Knight Frank.
Liam Bailey: Is prime property well placed to weather the storm?
Knight Frank's global research head on the latest themes in property, wealth and investment...
Bloomberg: Top London properties owned by Russian oligarchs are frozen in time
New reports investigates the swathe of London’s finest residential and commercial addresses now 'trapped in suspended animation'
New Foster + Partners-designed scheme in Dubai will be ‘one of the most sought-after residences in the world’
Delivering ten full-floor units measuring up to 18,300 sq ft, The Palm Flower will be a 'global benchmark for refinement, privacy and exclusivity in luxury living', says developer.
In Pictures: Aston Martin designs a private home in Japan
Top-end British car marque Aston Martin has steered further towards the branded residential property sector, designing a private luxury home in Tokyo.