Location: International
New York usurps London to regain world’s top wealth city title
New York is once again the most important world city for UHNWIs, says Knight Frank after assessing the wealth, investment and lifestyle credentials of 100 urban hubs.
MIPIM postponed to June after coronavirus prompts exodus
Europe's biggest property networking event, MIPIM, has been pushed back from 10th March until the 2nd June.
More major firms including Knight Frank & Savills drop out of MIPIM over coronavirus fears
Knight Frank, Savills, Grosvenor, Landsec, EY and others have all followed Cushman & Wakefield's lead, backing out of next month's MIPIM event over fears of the spread of the Covid-19 virus.
Coronavirus fears prompt leading interiors trade fair to be postponed & a major agency to pull out of MIPIM
Salone Del Mobile in Milan has been pushed back from April to June, while Cushman & Wakefield has backed out of attending MIPIM in Cannes next month.
Daejan moves back to private ownership
£270m share swoop to take the Freshwater family's investment vehicle back into private ownership for the first time in 60 years.
American billionaire continues ultra-prime buying spree, bagging a fashion designer’s Hamptons compound
Ken Griffin has reportedly bought Calvin Klein's seven-acre Atlantic-front compound in the Hamptons.
Sales success for Sydney’s first hotel-branded residences
Buyers have splashed over $650m (£332m) on apartments at Crown Residences at One Barangaroo, with a record 12 units fetching over £10m apiece.
Chestertons boosts franchise operation with two heavyweight hires
International estate agency Chestertons has recruited a pair of senior players from Sotheby's International Realty to help build its franchising arm.
Hong Kong ‘in a league of its own’ & London ‘at a turning point’: Prime global city markets in seven charts
Hong Kong, New York, Tokyo, Geneva and London are the most expensive prime global cities, says Savills;
Rooms at the top: the cutting-edge homes appearing on high-rise roofs (FT)
The Financial Times's Edwin Heathcote discovers some new architectural gems sprouting on top of buildings in Bethnal Green, Battersea, Covent Garden, New York and Mexico.
Chinese mega-developer announces ‘biggest ever nationwide price cut’
Evergrande is offering 25% off across the board as the country's real estate market teeters 'on a cliff edge'
The world’s ‘Very High Net Worth’ population surged in 2019
The number of "very rich" people (not merely wealthy, but not ultra-wealthy either) escalated by 10% in 2019 - a sharp acceleration from 2018's meagre 1% growth rate...