‘Crypto winter’ drives metaverse real estate crash
Virtual land prices have tumbled by an average of 66% since January, while the volume of metaverse real estate being traded has tanked by 97% from its November peak.
Real estate in the metaverse is booming; is it really such a crazy idea?
Gaming is starting to overlap with real life, explains Theo Tzanidis - but is the virtual real estate boom the next great thing or the next big bubble?
Estate agency veteran Paterson joins Mackay’s ‘iBuyer’ firm UPSTIX
Sotheby's Realty boss and activist Foxtons investor has joined Hometrack-founder's algorithm-led property buying start-up as partner.
Fifth Wall builds $500mn Climate Fund to decarbonise the property industry
"The real estate industry is the single-most contributed industry to climate change," says venture capital boss. "It's the culprit that was hiding in plain sight."
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Ex-Sainsbury’s boss joins Dexters as Chairman
Justin King CBE has been appointed Chair of London estate agency Dexters, replacing founder Jeff Doble, with a remit to 'accelerate growth from its existing London-wide network of over 70 offices.'
Banda unveils ‘7-star’ luxury development project on Australia’s Gold Coast
Edo Mapelli Mozzi's property design and development firm has formed a joint venture with Australia's Rory O’Brien to create the Masthead Ocean Club.
Spink-designed apartment on Kensington Palace Gardens lists at £29.5mn
'Should the TV series Succession move to London, this would make the perfect home for one of the family', say agents.
Prime London agency expands HQ after £250mn deal surge
Mark Pollack and Richard Bernstone's Aston Chase has capitalised on increased demand for the leafy urban villages of Central and North West London.
In Pictures: ‘Breathtaking’ ornate Clapham townhouse seeking nearly £8mn
45 Clapham Common North Side is 'truly one of the finest Victorian homes to come to market in recent years', say agents.
Knight Frank slashes housing market forecasts as buyers feel the squeeze
Agency now expects prices in the UK to fall by 5% next year and in 2024, wiping out the growth that took place during the second half of the pandemic.
Lavish interiors from ‘the most staggeringly beautiful private residence’ in Paris – Hôtel Lambert – head to auction
Sheikh Hamad Bin Abdullah Al Thani is auctioning off thousands of items from the remarkable Hôtel Lambert in Paris, in what Sotheby's calls 'one of the greatest private collections of decorative arts …
Grand Registry: Surveying last month’s biggest registered deals
Two super-prime sales in Holland Park topped the rundown of resi transactions lodged with the Land Registry last month.
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Interview: Shaun Drummond on the return of international buyers, the rise of Knightsbridge & 125 years of Harrods Estates
In conversation with the boss of one of PCL's oldest and best-known estate agencies...
Exclusivity agreements – helpful or just a hindrance?
Mishcon de Reya's Carly Clayton talks us through the benefits and pitfalls of exclusivity agreements in residential property deals.
Prime global rental growth ‘has peaked’
Knight Frank's latest Prime Global Rental Index shows a slight dip in the pace of luxury rent inflation across ten international cities.
Russell Simpson adds to Chelsea team
Daisy Hill has joined venerable PCL estate agency Russell Simpson's Chelsea Core team, which is now led by Charlie Duffell.
Interior design house Rive Gauche plots expansion following major project wins
Nicolas Roux's firm is planning to nearly double its headcount, following a series of big-ticket client wins.