International
Manhattan’s average rental price crosses $5k threshold for the first time
Rents in the Big Apple have soared by 29% over the last year to hit a record high.
Trophy 432 Park Ave penthouse returns to the market
8,200 sq ft spread on Billionaries’ Row was last seen asking $169mn in 2021.
Capital View: The global housing downturn will deepen – but this isn’t 2008
The US, UK, Canada, Australia, New Zealand, and Sweden are now all in the third stage of a property market downturn, suggests Neil Shearing, Group Chief Economist at Capital Economics.
Grosvenor picks up vast Vancouver site for resi-led scheme
The Oakridge Transit Centre is one of the largest undeveloped sites in the Canadian city.
Highest private club unveiled at world’s tallest resi building
Central Park Tower’s 100th Floor is ‘unlike anything else in the world’, says developer Extell
Rents bounce back in prime global cities as supply falls short
Knight Frank's latest index "confirms the extent to which top tier cities are seeing demand return and stock dwindle as workers, along with international students and corporate tenants return to the prime…
Six Years On: UK Vs EU house price growth since the Brexit vote
Average house prices across the EU-27 have increased by 39% since 2016, while the UK has seen 31% growth.
Bloomberg: The world’s bubbliest housing markets are flashing warning signs
Enda Curran examines the potential impact of a global housing market slowdown on the world’s economy in this Bloomberg deep-dive
JLL hires new international resi head in Saudi Arabia
Former Savills and Strutt & Parker man David Duke will be growing JLL’s residential presence in the Middle East.
In Pictures: Inside Mandarin Oriental’s first Caribbean branded residences
Sales have launched at The Residences at Mandarin Oriental Grand Cayman.
Mapping the migration of the world’s millionaires
High Net Worth Individuals are back on the move, suggests Henley Global; here's which countries they're mostly moving from, and where they're moving to (map via visualcapitalist.com)...
Town & Country: Simon Usborne on the Siege of Londongrad
London's position as playground for Russia's super-rich is "a party that had already peaked by 2014" and "is surely now over," writes Simon Usborne in Town & Country magazine.