Company Tag: Knight Frank
Knight Frank becomes latest major agency to furlough staff
Firm has also decided not to apply an annual pay review this year and will be implementing 'salary adjustments' for those who earn above a minimum threshold
London’s super-prime market ‘changes direction’ as sales slow from a surge to a trickle
A flurry of £10m+ transactions in Q1 has been brought to an abrupt halt by Covid-19, reports Knight Frank, although "buyer interest remains strong pending the market reopening".
A London agency has generated 250 offers and agreed 88 sales since the lockdown began
The market is 'quieter than normal...but far from dead', according to 33-branch Chestertons...
Prime London’s property market was surging before the lockdown
Prime Central London saw its fastest quarterly rate of property price inflation in five years in Q1, before the Coronavirus hit.
£11m price cut for ultra-prime Knightsbridge church conversion
Launched at £55m last August, the remarkable St Saviours House is now asking £44m with virtual viewing options aplenty
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
Andrew Hay on market crises, the importance of passion, & handing over the reins at Knight Frank
Lord Andrew Hay has retired from Knight Frank after nearly 40 years
Exchange Great: Surveying the currency play across eight prime resi property markets
Knight Frank explains why prime buyers are paying close attention to currency shifts
Covid-19 clauses let tenants defer super-prime deals
Knight Frank is writing "Covid-19 clauses" into super-prime lettings agreements, enabling tenants to secure a property but only start paying rent once the Coronavirus lockdown is lifted.
Post-Pandemic: What will become of the UK’s residential property market?
Major agencies have a shot at predicting how far transactions and prices will fall during the Coronavirus crisis, and more importantly - when they will eventually recover...
Covid-19 & market recovery: What are we learning from the Chinese experience?
As the world goes into lockdown, Chinese real estate markets are beginning to see more activity, says Nick Holt, Knight Frank’s Head of Research in APAC, on the ground in Beijing.
Rental market dynamics point to medium-term growth in London
The affordability squeeze in the sales market will continue to boost demand once normal service returns in the capital’s lettings market, writes Tom Bill