High-end country estate market on a roll
Nine sales of £15mn-plus estates have been recorded across England & Wales so far this year.
News Stay on top of the market
‘The best of his generation’: Savills pays tribute to the late David Forbes, founder & chair of the Private Office
Prime property industry titan David Forbes has passed away following a battle with cancer. He “was a consummate deal maker to the end and, arguably, the best of his generation,” says his team at Savills.
Deal sealed on original Academy Gardens show flat
4,146 sq ft duplex – which once served as the marketing unit for the luxury Kensington scheme – incorporates the building’s original library, now repurposed as a remarkable reception space.
‘Significant slowdown’ expected for prime London rents next year
Escalating costs of living and inflationary pressure are likely to slow the pace of prime rental price growth down in the coming months, says Savills – but the firm has still upgraded its five-year price forecasts, as LonRes data tells of drastic slump in activity driven by low supply.
Luxury fractional ownership firm inks deal with US brokerage The Agency; launches search for UK & Europe partner
Having signed up billion-dollar brokerage The Agency in the US, Sonhaus is now looking for a partner in the UK & Europe to help ‘transform the second home market’.
Fine & Country moves into Teddington
Elisard Malizi and team have taken on a second Fine & Country license in West London.
Boutique agency unveils ‘inspiring’ new digs in Primrose Hill
‘Traditional high street offices now serve as a little more than a marketing tool and are often an uninspiring place to work’, says House Collective, which has chosen to base itself in an interior-designed warehouse conversion.
London’s sales pipeline swells as number of offers accepted hits ten-year high
Pipeline now stronger than it was in the final months of the stamp duty holiday in 2021, reports Knight Frank.
No sign of price slowdown in Prime London – LonRes
High-end market continues to hold its own despite wider economic context, with demand staying high and stock levels still low…
£29.995mn price tag for rare Ennismore Gardens mansion
Freehold townhouse & mews combo on the exclusive Knightsbridge garden square measures over 10,600 sq ft.
Monday Market Review: Key figures and findings from the last seven days (w/c 01.08.22)
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, Savills, Coutts, Zoopla, Knight Frank, London House & more…
Prime rental growth outpaces capital values in most global cities
“Megacities are once again thriving as tenants are drawn back to urban living after the lifting of lockdowns,” says Savills, as prime rents climb in New York, Singapore, London and Los Angeles. “The Covid lockdown rental deal is definitely a thing of the past.”