International
‘$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.
Market Snapshot: New York reaches new heights as exodus goes into reverse
After a record year in 2021, prime prices in Manhattan are tipped to rise by another 5% in 2022, despite the dual headwinds of rising inflation and interest rates
Housing Secretary eyes seizure of UK property owned by sanctioned Russians
“Freezing assets is not enough”, says a DLUHC insider, as Michael Gove reportedly considers steps to seize Putin-linked homes in the UK without compensation.
Property agents urged to check latest sanctions list
The property industry has an important duty to help make anti-war sanctions work.
Relative Values: How much luxury property does $1mn buy around the world?
Monaco, Hong Kong and London are the world's most expensive luxury property enclaves per square metre, reports Knight Frank.
International prime property prices surged in 2021 as ‘luxury homes became the asset class of choice for UHNWIs’
Knight Frank's Prime International Residential Index posted its biggest ever year in 2021, with luxury property prices around the world rising by an average of 8.4%.
Abramovich selling off London homes, claims MP
Chris Bryant told parliament the Russian billionaire was 'terrified of being sanctioned'
Wealth Creation in 2022: Liam Bailey’s 11 key insights
Knight Frank’s Global Head of Research, Liam Bailey, shares his key insights from the 16th edition of the firm's flagship annual publication, The Wealth Report.
‘There will be nowhere to hide’: Government fast-tracks Economic Crime Bill & register of overseas property owners
"Time is up for Putin's cronies hiding dirty money in the UK and this new legislation will help to crack down on economic crime, including removing key barriers to using Unexplained Wealth Orders," says…
Toon Planning: Disney draws up grand plans for branded residential property development
One of the biggest brands in the world, Disney, is making a move on the branded residence sector, revealing plans to build large-scale communities from scratch.
London mega-schemes shortlisted for international real estate awards
Native Land's Bankside Yards and UOL Group's One Bishopsgate Plaza will both be in the running at the MIPIM Awards next month