Global housing downturn could see world GDP growth flatline, warn economists
The likelihood of a severe real estate slump is lower now than at the time of the Global Financial Crisis, but a significant drop in residential investment is 'plausible' next year, says Oxford Economics.
Capital View: The global housing downturn will deepen – but this isn’t 2008
The US, UK, Canada, Australia, New Zealand, and Sweden are now all in the third stage of a property market downturn, suggests Neil Shearing, Group Chief Economist at Capital Economics
Looming global housing slump ‘could cut world growth to a decade low’
Signs of a global house price downturn are already visible, warns Oxford Economics
Global real estate bounce ‘will extend into 2022’, predict economists
But Oxford Economics expects real estate returns to "temper considerably" by 2026, "falling well below their historical trend".
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British tycoon Nick Candy has signed a 'landmark' JV agreement with Modon Holding, promising to 'amplify the ultra-luxury real estate landscape' in the UAE, Middle East & beyond.
Fairway Capital tees up £50mn Belgravia mews scheme
Conversion of historic garage site to deliver first complete terrace of new mews houses in the neighbourhood since the 1950s.
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The significance of postcodes is fading, explains the influential luxury property developer, while demand for unique, individualised homes is rising.
Former Black Brick partner launches ‘private property network’ for agents
Over 100 firms have already signed up to Caspar Harvard-Walls' London-based platform, Oskar.
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International practice was given carte blanche to create a 'quietly luxurious' 4,000 sq ft residence at the £1.2bn west London scheme.
DDRE boosts Home Counties coverage
High-end brokerage adds two new advisors targeting prime markets beyond the capital.
Developer to revive ‘architectural masterpiece’ in SW London
Aldar-owned London Square continues acquisition drive with purchase of Grade II* listed former Surrey County Council HQ.
UK is ‘worst in the world for millionaire exits’, warn economists
The Adam Smith Institute believes the share of the UK population who are US dollar millionaires will fall by a fifth over the next four years, thanks to 'a hostile culture for wealth creators'.
Luxury Centre Point scheme ‘over 90% sold’ following flurry of deals
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Developer to revive ‘architectural masterpiece’ in SW London
Aldar-owned London Square continues acquisition drive with purchase of Grade II* listed former Surrey County Council HQ.
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Alex Michelin: Why London’s super-prime buyers are no longer driven by location
The significance of postcodes is fading, explains the influential luxury property developer, while demand for unique, individualised homes is rising.
Hometrack rolls out Data Services arm
Proptech firm says its new suite of products 'will be a game changer for any property business looking to drive efficiencies and improve decision-making'.