International
Historic super-prime Mallorcan estate heads to auction with no reserve
A sprawling and historic country estate on Mallorca, valued at €26.5 million (c.£22.8m), is heading to auction with no reserve.
Prime global cities see fastest rate of property price inflation since 2017
The rate of luxury home price growth continues to accelerate in cities around the world, says Knight Frank, but some of the biggest metropolises are seeing prices soften.
Chestertons adds another country to its global franchise network
Chestertons Global Franchise Holdings Limited has expanded its footprint quite significantly over the last year, from 15 countries in Q1 2020 to 21 countries today.
144% jump in Hong Kong buyers in London
Since July 2020, Hong Kong nationals have accounted for an estimated 4% of London market activity, up from just 1% in the same period the previous year.
New York & London: The race to recover
As London and New York begin to look beyond the pandemic, luxury property insiders from both sides of the Atlantic weigh in on what may be in store for our cities and their property markets in the coming…
How much space does $10k rent in prime global cities?
Hong Kong is still the most expensive city in the world to rent a luxury property, says Knight Frank, despite the pandemic and political headwinds.
Biden pitches tax hikes for wealthiest Americans
‘Trickle-down economics has never worked’, said the POTUS in an historic speech on the eve of his 100th day in office.
Beyond Hotels: On the future of branded residential
Hotels may dominate the international branded residence space, but there's scope for lifestyle brands - from food and drink to fashion and tech - to move into the sector, suggests Riyan Itani.
Global luxury property market set for a ‘banner year’ as demand outstrips supply
Nearly one in five (19%) affluent households around the world are looking to buy but not sell a property in the next three years, according to new research by Luxury Portfolio International, while only…
What Buyers Want: Home-buying trends in France, Italy, Portugal & Spain
Amenities, high-speed internet access and a good view top the wish list for people buying in France, Italy, Spain and Portugal, according to the latest research from Savills.
New Four Seasons-branded project in Dubai sells out in ‘record time’
The 28 turn-key units on the banks of the Dubai Canal were snapped up by a ‘who’s who of international society, from royalty to celebrities’, according to the agents.
Luxury developer reports sales surge as New York’s property market booms
Manhattan developer Extell signed more than $260 million in new sales contracts in Q1, and says it is on track to sign another $250 million in April.