International
Russian billionaire reportedly ‘ditched’ UK mansions before sanctions were imposed
A BBC investigation suggests that Alisher Usmanov's UK assets - including mansions in London and Surrey - "could be beyond the reach of UK sanctions. And the same could be true for other oligarchs."
In Pictures: 2022 MIPIM Award Winners
An innovative resi project in Denmark was recognised alongside the refurb of an historic apartment building in Stockholm and London's Borough Yards scheme at the annual real estate competition
Cluttons jets into the Algarve
Agency launches its second base in Portugal, covering the “Golden Triangle” between Quinta do Lago and Vale do Lobo
R&F offloads Vauxhall Square to Far East Consortium
China-based property developer sells huge Nine Elms development at a massive loss.
Ultra-wealthy US buyers step up search for UK trophy homes
'This level of interest is something we haven’t ever seen before', reports Savills London Private Office
Luxury home sales rocket in Tel Aviv as wealthy Russian buyers seek a safe haven
“The number of visits to our Tel Aviv website and enquiries via Whatsapp from Russians has increased tenfold since the escalation of the Ukraine-Russian crisis in 2021," says the boss of Beauchamp Estates…
Talking Heads: On Russia sanctions & the London property market
Two weeks on, we asked prime property insiders - including those who specialise in Russian clients - about what effect anti-war sanctions are really having on the London property market, and how their…
Record number of stately homes for sale in France
Around 1,500 estates and châteaux are on offer across the country, as lifestyle shifts and eye-watering maintenance costs impact their appeal amongst younger generations
Knight Frank & Savills suspend Russian divisions
Global property consultancies suspend long-established business ties in Moscow, joining a growing corporate exodus from Russia as the Ukraine war continues.
‘People forget just how embedded Russian investment is in London’: Gary Hersham on how sanctions are affecting the luxury property market
"None of my Russian clients have asked me to sell their properties in London or the Home Counties," says super-prime estate agent Gary Hersham.
‘$500mn’ LA mega-mansion fetches $126mn at auction
Five bidders went head-to-head over Nile Niami's 'The One' last week; pending sale still requires approval by a bankruptcy court judge
Global luxury housing boom to continue, with more subdued price growth
Knight Frank is predicting continued price rises for international luxury property markets in 2022 - although the pace of growth is likely to be significantly lower than 2021's extraordinary performance.