Global UHNWI population set to grow by 27% over the next five years
The total number of ultra-high-net-worth individuals on the planet increased by 2.4% in 2020, according to Knight Frank. That's just a third of the growth rate seen in 2019.
The global UHNWI population is forecast to grow by 22% over the next five years
"Despite a darkening economic outlook, wealth creation will remain a constant in 2019," predicts Knight Frank in its new Wealth Report.
By PrimeResi
More global markets see house prices begin to fall
The percentage of international property markets registering an annual fall in mainstream residential prices jumped from 2% in Q1 2020 to 16% in Q3 2020.
Global cities see house price growth accelerate
81% of international city markets tracked by Knight Frank saw property prices rise in the year to Q4 2020; one in five (20%) registered double-digit price inflation.
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Big-brand luxury property brokerage launches ‘flagship’ West London office
UK Sotheby’s International Realty has opened a fifth branch in the capital, setting up shop with a strong team on Kensington Church Street.
By PrimeResi
£50mn trio of trophy apartments sold at 9 Millbank
Series of super-prime sales at the landmark St Edward scheme marks a 'significant milestone' for Westminster's property market, says agency.
Rich List 2025: Britain’s 50 wealthiest property tycoons
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‘Britain’s most daring property developer’ to race in 14,500km motor rally
John Caudwell has been inspired by the links between the famous Peking to Paris Rally and his £300mn resi project on the French Riviera.
Turning the page: Why it’s time to exit the ‘Wexit’ echo chamber
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In Pictures: ‘One of the finest country estates in southern England’ seeks £58mn
Agents have been instructed to find a buyer for the extraordinary Laverstoke Park in Hampshire.
Former Berkeley Group sales boss joins Harding Green
Radhika Bedford previously ran sales for Berkeley's St George brand in North London.
By PrimeResi
Imposing Berkshire school site pitched for sale with resi potential
'Opportunities of this scale and heritage rarely come to market,' says Knight Frank.
By PrimeResi
Mayfair resident ordered to undo unlawful basement works at historic townhouse
'Those who ignore planning rules will be held accountable,' Westminster officials warn.
Historic Chelsea gem with artistic pedigree hits the market at £9mn
Buyer sought for 'once-in-a-lifetime opportunity' between the King's Road and Fulham Road.
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Agents have been instructed to find a buyer for the extraordinary Laverstoke Park in Hampshire.
PCL agency Russell Simpson teams up with NYC brokerage Leslie Garfield
New partnership will see the longstanding boutique property firms sharing market knowledge and cross-promoting 'exceptional' listings.
Rightmove flags surge in American demand for British homes
Scotland overtakes London as top target for US buyers, with investment interest leading the charge.
By PrimeResi
Prime Central London ‘is now a buyer’s market in many respects’ – Winkworth
Estate agency reports 'confident' start to 2025 in PCL despite fewer sales & deeper discounts
By PrimeResi