International
Interest in other countries ‘plummets’ as Hong Kong buyers hone in on UK market
Applications for British passports have 'skyrocketed' since the UK’s announcement of a path to citizenship, according to immigration specialists...
Estate agents are ‘de facto agents of the Russian state’, claims Parliamentary report
There's "a growth industry of ‘enablers’ including lawyers, accountants, and estate agents who are – wittingly or unwittingly – de facto agents of the Russian state", according to the Intelligence…
153 $10m+ sales worth $3.2bn: How the world’s super-prime markets fared under lockdowns
Activity may have plunged, but global super-prime property markets "outperformed expectations" under lockdown, reports Knight Frank, with 153 sales going through above $10m since March.
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