International
Trendwatch: US buyers go bargain hunting in Europe
Knight Frank reports on the current surge of American interest in European property markets.
Prime resi prices continue to climb in major global cities
US cities have seen the highest rates of prime property price growth in the last six months, reports Savills, as the firm predicts a slight slowdown across most world cities in the second half of this…
Engel & Völkers reports 17% jump in commission revenues
The group brokered £19bn worth of real estate worldwide during the first half of 2022
Six ways to improve housing taxation around the world
“There is significant scope for countries to improve the design and functioning of housing taxes,” declares the OECD, as it advises high-income economies including the UK to cut residential transaction…
Fifth Wall builds $500mn Climate Fund to decarbonise the property industry
"The real estate industry is the single-most contributed industry to climate change," says venture capital boss. "It's the culprit that was hiding in plain sight."
1508 London unveils debut US project, a $9.5mn apartment at the Mandarin Oriental Residences, Beverly Hills
The Westminster-based studio has designed a three-bed show residence at the luxury hospitality brand’s first standalone resi development in the US.
In Pictures: Athens’ €8bn seaside regeneration project comes to life
Lamda Development's six million square metre urban regeneration project in Greece, The Ellinikon, promises to become "a new blueprint of modern city living", delivering 10,000 new homes, a new marina…
First Look: Inside One Wall Street, the biggest resi renovation in New York City history
The first show residences have been unveiled at One Wall Street, Macklowe Properties’ reinvention of a 1930s landmark in Downtown Manhattan, which promises to ‘set a benchmark for luxury living’.
Resilient cities & resi opportunities: New trends & drivers in UK HNW real estate investment
Wealthy private client investors "have been operating against an unprecedented backdrop of macro-economic disruption," says Investec - but "these challenging times have failed to dampen sentiment and can…
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.