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.
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
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.
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‘An important moment for independent agency & brokerage in the UK’: Harding Green acquires The London Broker
Industry heavyweights join forces to ‘supercharge’ the UK broker model.
Budget 2025: Estate agency assesses ‘most likely’ tax changes for the property market
Hamptons' research chief runs through the tax runners & riders that could hit the residential market on 26th November.
Big London agency calls the bottom of the market
Chestertons says it has spotted the telltale signs that confidence is about to return.
£70mn deal streak for Strutts’ Estates & Farms team
A strong autumn market saw the agency conclude 'landmark' sales in Wiltshire & Surrey - and tee up some big transactions for the coming weeks.
Agents report ‘extraordinary’ sales & lettings run in North Surrey
Knight Frank handled £106mn-worth of property sales & saw a 171% jump in super-prime lettings in the area through Q3.
Cotswold estate agency teams up with interior design studio
'This collaboration allows us to bring a thoughtful, lifestyle-driven element to the service we offer,' says Butler Sherborn's Elizabeth D’ Allemagne.
Buyers compete over rare unmod townhouse in Notting Hill
Stucco-fronted property just off Westbourne Grove went for well above asking after becoming available for the first time in over 40 years.
Knightsbridge apartment reportedly sells for £26mn below original purchase price
Financial Times flags notable recent transaction at high-profile ultra-luxury resi scheme.
UAE developer announces major acquisition in East London
Arada has agreed to buy an 80% stake in the £2.5bn Foster + Partners-designed Thameside West regeneration project.
Burrows to head expanding brokerage’s New Homes division
Seasoned new-build specialist brings senior-level experience from Strutt & Parker, CBRE & John D Wood.
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Top Chestertons & Foxtons agents join UK Sotheby’s International Realty
Brokerage adds luxury specialists Stephanie Russo & Thomas Brooks to its growing PCL team.
Deal sealed on £35mn Scottish Borders estate
One of the biggest country sales of the year completed last week.
Battersea Power Station’s Matthew Sansom: How living on the high street came back in fashion
BPSDC sales boss explores how the resurgence of the high street is shaping demand for resi property.
More than half of estate agents report ‘financially difficult’ year
Survey reveals property brokers' business anxieties as well as tech-fuelled hope for the future of the industry.
PCL sellers open to offers as buying activity slows
Fresh CBRE analysis confirms a drop-off in Prime Central London property sales, while rents continue to rise.