Location: International
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...
Amazon founder Bezos buys record-breaking LA mansion for $165m
Billionaire Jeff Bezos has reportedly bought the Jack Warner Estate in Beverly Hills off-market from media mogul David Geffen, setting a new Los Angeles property price record.
‘Seismic’ tax hike proposed for super-prime New York property
Recommendations by the New York Advisory Commission on Property Tax Reform would even out the Big Apple's property tax system.