Format: News
Savills Private Office expands in the US
UHNW-focused division adds to line-up following success in New York, Miami, London, Paris & the French Riviera.
Rental market ‘remains out of balance and difficult for tenants’ – Rightmove
Asking rents have hit another record high, as each lettings listing receives an average of 17 enquiries.
Buy-to-let purchases sink to a record low
Investors are shying away from buy-to-let, says Hamptons, reducing lettings supply and pushing up rental prices.
Belgravia retains crown as PCL’s £5mn-plus sales hotspot
15% of all high-end deals recorded across the capital in H1 took place in the district, as its appeal grows amongst younger HNWIs.
Chestertons Global targets USA with ‘ambitious expansion strategy’
Salah Mussa's international real estate firm plans to expand into multiple new territories this year.
‘Resilience’ abounds as prime property agents anticipate a buoyant Autumn market
Property prices across Prime Central London remain -19% down on their previous peak a decade ago, says Savills, 'suggesting it is still a case of when, and not if, a stronger recovery takes hold.'
Luxury Holland Park Villas apartment heads to auction
Rare unit at the exclusive Kensington scheme is guided at nearly £6mn.
Gap between average asking & sold prices widens to 17%
'Sellers remain largely over-confident when it comes to their asking price expectations versus the price they are actually able to sell their property for,' says Yopa.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from TwentyCi, Savills, Beauchamp Estates, LonRes, the ONS, Knight Frank, Foxtons, LonRes & more..
Historic Hampshire monastery hits the market
Agents expecting significant interest in 'exciting & unique' development opp.
TfL’s property company appoints Savills to help massive resi development drive
Places for London aims to start work on schemes delivering 20,000 new homes by 2031, and has hired Savills to help it 'get more done, more quickly.'
Global luxury real estate ‘finds its footing’ midway through 2024
After surveying its network of luxury property brokerages, Christie's International Real Estate has identified three big trends that are shaping global markets.