China’s property market ‘springs back to life’ as Coronavirus crisis eases
Residential property sales in 30 major Chinese cities have bounced back to exceed pre-Coronovirus levels, reports the South China Morning Post.
Property price growth plummets in prime global cities, but ‘this is not a financial crisis as in 2008’
Prime global cities indices from Knight Frank and Savills reveal how Covid-19 has affected international property markets.
‘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.
Covid-19’s impact on global property markets ‘will likely be less than in the global financial crisis’
"A full house price crash [is] a distinct possibility," warns Oxford Economics as it assesses the potential fallout of the Covid-19 pandemic on global markets.
Most read
Top-end property agency to open flagship Mayfair showroom as new owner looks to ‘transform’ luxury market
UK Sotheby's International Realty is rolling out some 'transformative' changes - including three new high-profile locations - designed to 'reshape the way exclusive real estate is bought, sold & rented'…
DDRE Global signs super-prime specialist from Knight Frank
Former KF partner Jessica Bishop is the latest name to join Daniel Daggers' brokerage-style firm.
‘Incredible’ Marylebone penthouse snapped up off-plan for £6.3mn
Boutique agency tucks away marquee apartment at the forthcoming W1 Place on Portland Street.
Top prime resi architecture practice rebrands
PDP London is now Studio PDP.
Move over Mayfair: Knightsbridge market ‘finally turns a corner’ as apartment living makes a comeback
Harrods Estates highlights a resurgent super-prime market around its famous namesake department store, with buying and development activity outpacing pre-pandemic levels.
Chestertons recruits Foxtons’ Ops Director to lead Kensington sales
Seasoned PCL estate agent Ian Barrett has moved from Foxtons to Chestertons on Kensington High Street.
Top lighting design consultancy opens studios in London & Dubai
Founded in Hong Kong 30 years ago, Light Directions is a brand partner of design giant HBA Group.
‘We’re going to go where we see the demand and long-term opportunity’: In conversation with BHHS London sales chief Cliff Gardiner
Watch this space, says the new sales boss of Warren Buffet’s Berkshire Hathaway HomeServices in London, as he shares ambitious growth plans and discusses the state of the luxury property sector.
LATEST ARTICLES
Shell and core penthouse picked up in sales surge at luxury Westminster scheme
11 units were sold in a seven-day, £32mn flurry at Northacre's The Broadway.
Scotland’s DM Hall expands into England
Acquisition of Cumbria firm is "the first step" in 125-year-old Scottish surveyor's expansion into England.
Dubai leads global super-prime sales bounce, as £10mn+ deals falter in London
International super-prime property market activity 'slowed noticeably' last year, says Knight Frank - but things perked up again at the start of 2023
JLL buyout creates new estate agency
JLL's offices in Manchester, Leeds and Liverpool are now operating as 'Kingsdene', following a buyout by Louise Emmott, Oliver Dolan and Lynsey Smith.
American family rents Hampstead ‘castle’ for £250k pa
Estate agency reports a flurry of high-value deals involving American money, including a tenant who paid nearly quarter-of-a-million pounds up-front for this Windsor Castle-inspired home in London.