International
Wired: Russia blazed a trail for Chinese oligarchs to nab London property
"Most of the capital’s prime property is now bought by wealthy Chinese," writes journalist Chris Stokel-Walker for Wired magazine, and "you can't move in London for Russian oligarchs."
Sotheby’s enters Romanian market
Global franchise network continues its growth across Europe, adding a new affiliate in Bucharest.
Purplebricks offloads Canadian business for £35m
Purplebricks is refocusing on its domestic UK market "where there is substantial opportunity to grow its market-leading hybrid model."
‘Things will never be the same’: International HNW investors anticipate ‘permanent lifestyle shifts’ due to the pandemic
UBS has surveyed a few thousand wealthy investors around the globe to identify a series of emerging trends, including strong intentions to move either closer to family or to less populated areas.
Digital investment has paid off in a crisis, says Engel & Völkers
International real estate giant 'safely navigates' a torrid few months, and still expects transaction volumes to top 20 billion euros in 2020.
Irish private island sells for €5.5m
A 157-acre private island off the west coast of Ireland has sold for over £5m to an anonymous European buyer, following months of negotiations during the Covid-19 lockdown.
Super-rich call on international governments to ‘please Tax us. Tax us. Tax us.”
"Tax increases on the wealthy and greater international tax transparency are essential for a viable long-term solution" to inequalities highlighted by the Covid-19 crisis, declare a group of 83 "millionaires…
New chief for Fine & Country in South Africa
Linda Erasmus moves on to become an International Ambassador for the Fine & Country brand, while Stephen de Stadler takes over the South African operation.
British government offloads Sydney mansion
Grand Vaucluse pile has been owned by the Foreign Office since 1972
Sotheby’s lands in Lake Maggiore
Italy Sotheby’s International Realty launches new office in the region as post-lockdown buyers and renters seek out green space and spectacular scenery
Plans submitted for a $2bn botanical-themed resi-led development in the heart of Beverly Hills
A masterplan by Foster+Partners promises to create two landmark residential towers in super-prime Los Angeles, surrounded by ten acres of botanical gardens.
Buy, Hold & Sell: How expensive are London’s property taxes on the world stage?
New research reveals the associated costs of buying, holding and then selling a property around the globe...