Company Tag: Savills
Super-prime buyers return to London’s golden postcodes in ‘stellar’ year
            PCL heartlands including Chelsea, Belgravia, Kensington, Mayfair & Knightsbridge have accounted for half of all high-end sales in 2022 so far.         
    Prime resi prices continue to climb in major global cities
            US cities have seen the highest rates of prime property price growth in the last six months, reports Savills, as the firm predicts a slight slowdown across most world cities in the second half of this…        
    Knight Frank, Savills & Chestertons back AML platform Thirdfort
            A trio of major estate agencies have invested in anti-money-laundering platform Thirdfort.         
    PCL prices are rising at their fastest rate since 2014, but remain 17.6% below their peak
            Savills is forecasting a slow and steady recovery - rather than a sharp uptick - for London’s golden postcodes, unless high net worth foreign investors return in their pre-pandemic numbers…         
    Scandi-inspired modernist marvel for sale in Surrey
            Bittebakken was created by its Norwegian owners and the award-winning architect John Malyan in 1959.         
    Savills’ ‘biggest ever’ auction raises £78mn
            Agency reports ‘frenzied’ bidding at record-breaking July event, as lots including a unique sea fort went under the hammer.         
    Super-Prime Deal Digest: Surveying London’s trophy home sales in 2022 so far
            2022 is shaping up to be a vintage year for London’s super-prime market, with over £1bn worth of £10mn-plus properties traded since January;        
    London’s luxury property boom continues as super-prime deals hit £1bn in 2022 so far
            61 exchanges went through above the £10mn mark from January to the end of last month, the highest H1 total in over a decade.         
    ‘Intense’ competition driving UK land values, for now
            Greenfield and urban values have risen by 9.7% and 7.1% over the last year, reports Savills, but pressures are mounting from a number of sides.         
    Historic South Hams estate seeks £11.5mn
            920 acres go on sale near the sought-after sailing town of Salcombe.         
    UK’s coastal & country markets stabilise after ‘unprecedented’ run
            Urban markets are outperforming surrounding rural areas for the first time since December 2020, reports Savills.         
    Buyer picks up ‘one of the last trophy mansions in Knightsbridge’
            £35mn ‘collector’s item’ on Cadogan Square was one of the standout instructions of last year.