Dubai leads global super-prime sales bounce, as £10mn+ deals falter in London
International super-prime property market activity 'slowed noticeably' last year, says Knight Frank - but things perked up again at the start of 2023. 'Super-prime residential property has retained its attraction for wealthy buyers despite huge economic headwinds,' says research head Liam Bailey.
Seven Trends: Global super-rich are ‘adapting to uncertainty yet bullish on real estate’
'The theme of 2023 is adaptability', concludes Luxury Portfolio International after polling a cross-section of the world's wealthiest home-buyers.
By PrimeResi
Peak Performance: Charting the evolution of prime property pricing across global cities
Knight Frank looks at the differential between the average prime property price and the top price achieved in ten global cities over the last five years
By PrimeResi
153 $10m+ sales worth $3.2bn: How the world’s super-prime markets fared under lockdowns
Activity may have plunged, but global super-prime property markets "outperformed expectations" under lockdown, reports Knight Frank, with 153 sales going through above $10m since March.
By PrimeResi
Companies in this article
Knight FrankMost read
SevenCapital gears up for £1bn London expansion
Birmingham real estate investor-developer announces brace of key hires & plans trio of major projects in the UK capital, delivering over 1,000 new homes.
Knight Frank names three new lettings managers
Agency bolsters operations in key markets across South West, North, City & East London.
Leading property PR agencies to merge
Chanel Bailey's Elevate & Adam Foster's Ellwood have joined forces to create 'a dynamic & expanded powerhouse in the industry.'
By PrimeResi
Knightsbridge apartment scheme pitched as London’s ‘ultimate multi-generational home’
In Pictures: Mdesign's ultra-prime boutique project on Pont Street is being marketed at £54mn.
Luxury sector veteran moves back into super-prime property
Having set up a boutique estate agency in Mayfair in the 1970s, Anthony Lassman 'has come full circle' as his Nota Bene Global business adds a property acquisition service for HNWIs.
By PrimeResi
Ten Charts: Inside Foxtons’ big turnaround plan
Latest annual report reveals how the high-profile agency is approaching risk & opportunity, creating a 'more respectful and inclusive environment' - and deploying 'growth mode'.
Former PCL agency boss joins self-employed property brokerage
Ben Hopkinson has made the move to Moveli after 17 years at boutique firm Moretons, where he led offices in Westminster & Knightsbridge.
Alex Michelin: How super-prime developments are shaping residential trends
The Valouran CEO talks us through how innovations once reserved for the world’s most luxurious homes are now filtering into the mainstream housing market - and redefining modern living.
‘Footloose’ companies & HNWIs shift to new wealth hubs
Ranked: Savills' new Dynamic Wealth Indices identify which international cities are doing best at attracting & developing wealth & investment.
By PrimeResi
‘Landmark’ Isle of Skye estate seeks £6.75mn
Clan Donald's land on the Sleat Peninsula is 'one of the largest & most ecologically significant estates in the Inner Hebrides,' says Strutt & Parker.
By PrimeResi
LATEST ARTICLES
Winkworth launches new branch in SW London
Ex-Dexters & Knight Frank agent heads up latest addition to franchise giant's network.
Ghelamco taps Savills & JLL for resi sales at Battersea candle factory scheme
In Pictures: Inside the Squire & Partners-designed development with interiors by Bowler James Brindley.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
High-end Spanish agency opens flagship store in Marbella
Spain Sotheby's International Realty says its new base will strengthen connections with key luxury markets including Dubai & the UK.
Buyer demand dips in prime London
Richmond was the most 'in demand' area of the prime London property market in Q1, reports Benham and Reeves.
By PrimeResi