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
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Caudwell brings in Dorchester Collection to manage 1 Mayfair
New agreement 'brings together Mayfair’s two most prestigious luxury destinations,' declares ultra-prime property developer.
By PrimeResi
Agency reports rapid-fire £70mn sales run in Notting Hill
After a subdued start to the year, domestic buyers have sprung into action in W11, says Strutt & Parker's local team.
Interview: Inside the prime country house market with Knight Frank’s Oliver Rodbourne & Peter Edwards
As new wealth reshapes demand in high-end property markets from the Cotswolds to the Channel Islands, Knight Frank’s prime country experts reveal what’s changed - and what hasn’t.
Savills installs new Wimbledon chief
Stewart Harrison was previously Head of Sales for John D Wood in Wandsworth.
By PrimeResi
Boutique agency mixes fashion & property at Belgravia open house
A top-end handbag collection was on show at a £10mn listing on Pont Street last week.
Knight Frank teams up with luxury Milan agency
Global property firm strengthens its position in Italy amid growing demand from HNWIs attracted by the flat tax regime and lifestyle appeal.
In Pictures: ‘Breathtaking’ modern Essex country mansion pitched at £9.9mn
Stokes Hall was completed in 2014, featuring 'world class' interior specs.
By PrimeResi
Super-prime brokerage reports ‘strong sales with significant deals’ – transacting over £400mn in Q3
International buyers accounted for more than two-thirds of deals handled by UK Sotheby's International Realty.
London’s resi planning rules ‘set to be eased under emergency provisions’
Mayor Sadiq Khan & Housing Minister Steve Reed are said to be discussing a temporary relaxation of regulations in the capital.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
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London Square unveils plans for £240mn Chelsea scheme
Assael Architecture-designed proposals involve 42 new homes and a £13mn National Army Museum extension.
UAE mega-developers to merge
'Milestone' deal creates a 'powerful, future-ready entity' to bring forward ambitious residential & resort projects.
By PrimeResi
London rents climb to four-year high despite seasonal demand slump
'Increased stock levels and resilient budgets suggest a more balanced market is emerging,' says Foxtons.
By PrimeResi
Renters’ Rights Bill clears parliament
Letting agents face big changes to accountability & compliance, as rental sector reforms await the Royal rubber stamp.
By PrimeResi
My Property Career: Quickfire Q&A with Tim Hyatt
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.