International prime property prices surged in 2021 as ‘luxury homes became the asset class of choice for UHNWIs’
Knight Frank's Prime International Residential Index posted its biggest ever year in 2021, with luxury property prices around the world rising by an average of 8.4%.
Most prime global cities are likely to see property prices increase in 2021 – Knight Frank
Prime property markets around the world have proven "largely resilient" in the face of this year's happenings, reports Knight Frank.
World cities see prime property prices rise at fastest rate since 2016
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
By PrimeResi
‘Balance will be restored’: Key trends for international luxury property markets in 2022
“After a record-breaking year in luxury real estate, we anticipate that some balance will be restored to the market,” says Luxury Portfolio International after surveying nearly 5,000 affluent consumers.
Companies in this article
Knight FrankMost read
Grade I Belgravia mansion goes for £35mn
Biggest house deal officially filed so far this year revealed.
£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.
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.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
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.
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.
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.
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.
By PrimeResi
Big-ticket London home sales slide by over a third as caution returns
Latest data: Savills says wealthy buyers are retreating towards the capital’s traditional golden postcodes, with geopolitical jitters weighing on activity.
In Pictures: Albion Nord designs £15.5mn apartment at latest Chelsea Barracks release
1 Five Fields Square showcase is described as 'playful yet grounded'.
LATEST ARTICLES
LonRes pushes button on AI marketing service
New offering aims to widen exposure for prime listings as more buyers and tenants turn to AI platforms.
Robert Irving Burns appoints new head of resi sales
Chrissie Fairweather has joined her daughter at the London real estate agency.
By PrimeResi
Deal sealed on £20.5mn duplex at Knightsbridge Gate
Buyers returned to the heritage-led boutique development after looking at competing super-prime projects across Prime Central London.
Agents instructed on Stone RE’s The Bolsover
Edwardian conversion project is on the way to delivering 24 high spec apartments in Fitzrovia.
By PrimeResi
Conveyancing delays push time to exchange contracts past 100 days
'We’re increasingly seeing more transactions collapse later in the process,' warns major estate agency group, with leasehold deals most at risk.
By PrimeResi