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.
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.”
‘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.
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Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Nobu plots first rural retreat with branded residences in Rutland
Luxury hospitality brand teams up with 185-acre English country estate for hotel, members club and residential concept.
Buying agency Black Brick boosts team with trio of hires
Former Prime Purchase director Alex Oliver is among three new additions to the firm’s London-based operation.
The London Broker signs high-profile ex-Sotheby’s director
Lee Koffman joins expanding platform after more than 30 years in prime London agency, becoming TLB’s first broker hire since Harding Green deal.
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
Knightsbridge townhouse with Royal connections & Versailles-inspired interiors seeks £8.25mn
Selling agents say this former sculptors' studio 'has the potential to be one of the finest residences in Knightsbridge.'
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Rightmove ramps up tech updates as revenue climbs further
Property portal just delivered its 'highest-ever number of monthly product releases' as it zeroes-in on AI.
£16mn townhouse sets new benchmark on Prince Albert Road
8,000 sq ft home overlooking Regent’s Park came with a 'spectacular' private leisure complex.
Knight Frank launches new investor advisory offering as buy-to-let landscape shifts
Agency hosts panel discussion to debut new team, with discussions focusing on landlord caution, regulatory pressure - and where investors are still finding opportunities.
In Pictures: Parisian hospitality brand to launch Miami Design District residences
Fouquet’s to debut branded residences in the US, in a 25-storey Chipperfield-designed tower.
California homeowner offers luxury estate in exchange for Anthropic shares
Niche pitch targets AI firm’s equity-rich employees.