Global billionaire wealth bounces back to new heights
A V-shaped recovery in equity markets has been a boon for the richest people on the planet, report UBS and PwC, as global billionaire wealth surged by more than a quarter between April and July this year to reach a record high.
Residential property boom pushes value of global real estate up 5%
Property is now the world’s most significant store of wealth, says Savills; more valuable than all global equities and debt securities combined, and worth almost four times the entire global GDP.
By PrimeResi
2019’s global real estate investment volume won’t match 2018’s bumper year, but could equal 2017’s
"When [real estate investment] opportunities do come to the market we are seeing demand for everything," says Savills, "provided the price is right.”
By PrimeResi
‘Behemoths like New York & London look to be awakening from their slumber’, but prime global city price growth to ease in 2022
Knight Frank's team flags five key drivers of global property price growth in 2022, and six international trends to watch.
Most read
Savills launches London-based Spanish desk
Maria Santurio to lead new hub connecting global clients with key markets across Spain.
Fund snaps up Foster + Partners scheme in major Mayfair swoop
The £1.1bn investment play includes a key development site between Barlow Place and Grafton Street, along with a high-profile Grosvenor Square hotel.
New leadership for the Savills Private Office
Rory McMullen joins Alex Christian as co-head of the property consultancy's specialist global HNW team.
By PrimeResi
Jennings steps up to lead Chestertons’ resi business
Adam Jennings has been promoted to Head of Residential, in charge of the London estate agency's sales & lettings teams.
By PrimeResi
Forbes Gilbert-Green lands Property Vision veteran Connell
Seasoned London buying agent joins boutique property advisory firm after two decades at PV.
In Pictures: Canal-side mansion in Little Venice seeks £16.5mn
Grade II listed stonker on Blomfield Road is the complete package, say agents.
‘Our task was to act as both storyteller & swordsmith’: On reuniting two Belgravia townhouses into a grand family home
Tiam Architects walk us through a big project on Chester Row.
By PrimeResi
Success storeys: Top four development sales launches of last year revealed
Difficult market conditions haven't held these 'landmark' central London schemes back.
Anatomy of a market: Prime Central London explained in 10 charts
A data-led look at activity and pricing across the capital's £3mn-plus sector.
The main risk for the housing market now is political – Knight Frank
Lower mortgage rates should underpin demand, but this week's by-election outcome may shape sentiment, explains the agency's head of UK resi research Tom Bill.
By Tom Bill
LATEST ARTICLES
Property prices are already ‘bunching’ around new mansion tax thresholds
'Some sellers are adjusting asking prices downwards,' reports big agency, as pricing strategies adapt to keep properties below the £2mn mark.
By PrimeResi
St James’s Square trophy emerges from five-year ultra-luxe overhaul
Developer Henigman says freehold Lutyens mansion offers 'rare, generational opportunity to own one of the world’s finest residences'.
My Property Career: Quickfire Q&A with DDRE’s Oliver Ingles
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Balearics reject foreign buyer ban
Proposal to prevent non-residents from buying homes on the islands fell at the first legislative hurdle.
By PrimeResi
‘Positive momentum to continue’ through the first half of the year, predicts mortgage broker
Alexander Hall is bullish about housing market activity in the next few months at least.
By PrimeResi