Damac chief warns Dubai must freeze resi construction or face oversupply ‘disaster’
Hussain Sajwani has told Bloomberg that property construction in Dubai should be frozen for one or two years to avoid "a disaster" of over-supply
Chinese mega-developer slashes all prices by 30%, potentially sparking a property price war
China Evergrande is cutting prices at all its mainland schemes by nearly a third as it tries to boost sales figures.
By PrimeResi
How many square metres of resi property will $1m buy around the world?
Monaco, Hong Kong, New York and London are the most expensive cities per square metre in the world, says Knight Frank.
By PrimeResi
New York’s luxury homeowners face ‘mansion tax’
State budget deal includes new one-time sales tax, pitched at over 4% on homes worth more than $25m
By PrimeResi
Companies in this article
DAMACMost read
Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
Savills snaps up top-end London lettings firm
Acquisition sees PCL veteran Mark Tunstall return to the agency as co-head of super-prime lettings in the capital.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
Agency reports £37mn deal run on Hamilton Terrace
Five sales tucked away on one St John’s Wood street, including two sizeable houses just last week.
Harrods Estates duo Dougramaji & Harte join Strutt & Parker
BNP Paribas-backed agency boosts Knightsbridge & Belgravia team as top PCL operators move on from Harrods Estates.
My Property Career: Quickfire Q&A with Charles Leigh
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
In Pictures: Brand new Wentworth mansion with rare fairway access seeks £21.5mn
Buyer sought for 18,000 sq ft new-build on prized 1.42-acre plot.
Resi developer & investor team up for €150mn luxury Marbella project
Major Spanish housebuilder confirms a 'strategic expansion' in the prime residential arena.
By PrimeResi
Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
LATEST ARTICLES
Knight Frank launches self-employed broker network
The 130-year-old estate agency has identified 36 London patches for affiliate brokers, as it looks to expand its sales coverage.
By PrimeResi
Strutt & Parker recruits Knight Frank Private Office dealmaker Robinson
Super-prime specialist joins broker team as BNP Paribas-backed agency continues to scale PCL operations.
International project & cost management firm launches ‘Luxury Living’ brand for UHNWIs
MGAC says its new division 'offers white glove stewardship & a seamless experience' for super-rich clients.
By PrimeResi
Property ‘flipping’ has dropped to the lowest level in a decade
'10 years of higher stamp duty rates have squeezed out professional refurbishment projects,' says Hamptons.
By PrimeResi
Grand Registry: Surveying last month’s biggest registered deals
Super-prime sales in Chelsea and Knightsbridge lead latest rundown of officially-recorded transactions.