International
The Penthouse Premium: Buyers pay 35% more for marquee apartments
Penthouses around the world command 35% price premium per square foot in comparison to other homes in the same development, according to new research by Knight Frank.
Prime global rents turn a corner as yields drop further
“Rental markets look set to be subdued for the rest of 2021," says Savills as its World Cities rental price index returns to positive growth, but the longer-term outlook is more positive.
Pandemic fuels the ‘broadest global house price boom in two decades’
The annual rate of house price inflation across the OECD group of rich nations hit 9.4% in Q1 2021 - a 30-year high.
‘Cities are springing back to life’: Super-prime property sales surge around the world
"We expect super-prime sales to end 2021 on a high," says Knight Frank, as it flags a significant jump in US$10m+ deals across seven major global wealth hubs so far this year.
French cities & resorts get tough on second-home owners
Many Britons with Alpine and costal retreats face hefty council tax bills under new measures designed to curb house price rises.
World cities see prime property prices rise at fastest rate since 2016
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
Knight Frank upgrades global prime price forecasts again
Luxury property price inflation is likely to return to London with gusto next year, predicts the Knight Frank team.
World house prices are ‘overvalued by around 10%’, warn economists
We're in one of the biggest global property booms since 1900, says Oxford Economics, as it warns that "the longer a housing boom continues, the bigger the risk of a large reversal".
In Pictures: Six Senses unveils super-prime branded residences on Ibiza
Luxury hospitality group’s new Balearic enclave incorporates a set of huge private villas starting at €15m.
In Pictures: SOM architects’ Milan Olympic Village will be ‘a new urban laboratory’
The Olympic Village for the 2026 Milan-Cortina Games will be "at once connected and self-sufficient", say its architects, designed "first and foremost to become an integral part of Milan’s urban fabric."
In Pictures: Foster + Partners designs sustainable ‘urban-resort’ in Beverly Hills
One Beverly Hills, the redevelopment of a 17
BIG creates seven new partners, 33 new Associates & one new Director
Bjarke Ingels Group has more than doubled in size over the last four years.