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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UK Sotheby’s International Realty confirms departure of Managing Partner Reynolds
Claire Reynolds spent 19 years with Savills before joining George Azar's brokerage to lead a dramatic expansion in prime London.
Trio of developers completes hidden scheme in the heart of Mayfair
Three agencies are jointly handling sales at Three Kings Mayfair, where one apartment has already sold for more than £5,000 psf.
£50mn trio of trophy apartments sold at 9 Millbank
Series of super-prime sales at the landmark St Edward scheme marks a 'significant milestone' for Westminster's property market, says agency.
Turning the page: Why it’s time to exit the ‘Wexit’ echo chamber
It would be impossible for prime markets not to feel the impact of recent tax changes, but the reality of the 'wealth exit' on the ground is different from the media perception, say top property advisors…
Former Berkeley Group sales boss joins Harding Green
Radhika Bedford previously ran sales for Berkeley's St George brand in North London.
Historic Chelsea gem with artistic pedigree hits the market at £9mn
Buyer sought for 'once-in-a-lifetime opportunity' between the King's Road and Fulham Road.
Big-brand luxury property brokerage launches ‘flagship’ West London office
UK Sotheby’s International Realty has opened a fifth branch in the capital, setting up shop with a strong team on Kensington Church Street.
New boutique agency eyes SW London expansion
Beaufort Green was launched last year by former Dexters sales director Charlie Ince-Green.
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
Knight Frank downgrades PCL house price growth forecast
'Needs-based' housing markets are likely to see prices rise faster than previously thought, but Knight Frank has cut its near-term forecast for Prime Central London 'due to the fact the political backdrop…
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Lomond swoops on Central London lettings agency Draker
Property services giant adds well-known boutique firm to its burgeoning portfolio.
Gravett takes over as CEO of Cluttons
Outgoing boss James Gray is retiring at the end of August after 35 years with the business.
Imposing Berkshire school site pitched for sale with resi potential
'Opportunities of this scale and heritage rarely come to market,' says Knight Frank.
Oliver Burns hires ex-Morpheus & Co design chief to spearhead international strategy
Kelly Cinnamond Santos will lead the super-prime studio’s move into global hospitality and branded residences.
New land & development consultancy launches in the Home Counties
Mito Land has been set up by Carter Jonas alumnus Toby Lambert and former Jarvis Homes Director Michael Margereson.