Location: Australasia
Postcard from New Zealand: Optimism is on the rise in Auckland
Peter Thompson of Barfoot & Thompson/Luxury Portfolio International reports on a 'strong increase' in luxury property sales as both supply & demand build.
Australia to ban foreign property buyers for two years
'This isn’t a silver bullet, because there is no silver bullet,' says Housing Minister Clare O'Neil as the country prepares for an election - 'but this is an important piece of Labor’s absolutely massive…
Dubai & Sydney set to top prime city price growth in 2025
Savills has assessed prime residential growth prospects in 30 world cities, predicting a slightly slower overall rate of capital value appreciation this year than in 2024.
Lendlease offloads UK construction business
American private equity firm snaps up leading UK construction business.
Rent growth cools to below pre-Covid levels across key world cities
But 'the structural under-supply of new accommodation in major cities means rents are likely to rise faster than trend levels over the next few years,' says Knight Frank's research chief.
Christie’s International Real Estate boosts presence in Australia’s luxury market
Real estate brand adds coverage of Western Australia & South Australia via tie-up with multinational agent team led by Shelley Scorer.
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
Sydney mansion deal equals Australian record
Tech billionaire reportedly sells Point Piper estate for $130mn.
Rightmove rejects £5.6bn takeover bid from Murdoch’s Australian property portal business
News Corp-controlled REA Group put forward a 'non-binding indicative proposal' to buy Britain's dominant property portal.
Murdoch’s REA considers multi-billion pound Rightmove takeover
Aussie property giant is mulling 'a possible cash and share offer for the entire issued and to be issued share capital of Rightmove.'
Ranked: The best locations for ‘executive nomads’ in 2024
Dubai, Abu Dhabi & Málaga are the best destinations for long-term remote workers, says Savills.