Location: International
‘The Mountain of Beverley Hills’ was listed at $1bn; it’s sold for just $100k
Super-prime 157-acre hilltop site in Los Angeles goes to a credit bid at auction for 0.1% of its original asking price
Luxury real estate giant Engel & Völkers exits UK market; continues global expansion
German-based behemoth no longer operating in the UK, following the closure of its sole PCL branch; worldwide commission revenues soar by 11% as major rollout continues across Europe & North America...
International landscaping award launches with $100k prize
The inaugural International Landscape Architecture Prize winner will be announced in 2021
Sicilian standoff stalls Monaco’s $2bn Le Portier project
The tiny principality's efforts to enlarge its land area by building a whole new neighbourhood off the coast have been hit by delays over the sourcing of 1.2 million tonnes of sand from Sicily
President Trump Eyes a New Real-Estate Purchase: Greenland
The American President wants to buy Greenland from Denmark, apparently
Profits plunge for Dubai’s Damac
Luxury property developer's profits record an 87% fall in Q2, but the company "remains financially robust"
‘Mounting economic headwinds’ curb prime property price growth in global cities
Luxury property price inflation across 46 global cities continues to fall short of the long-term average, says Knight Frank
HMRC: 6,000 HNWI have left Britain
Latest government data shows a 13% fall in the number of individuals claiming non-domiciled taxpayer status in the UK, with top advisors citing Corbyn and Brexit as key factors...
Knight Frank ‘significantly bolsters’ London China team with series of new hires
Lili Zhang has been recruited from Savills to run Knight Frank's enlarged and restructured residential China Desk in London
The $100m+ Club: Putting last week’s French Riviera & Singapore mega-deals in context
How do the sales of Villa ‘Les Cèdres’ and Nassim Road rank amongst all the publicly-recorded $100m+ transactions since 2006?
Glass skyscrapers: A great environmental folly that could have been avoided
If architects had paid more attention to the difficulties of building with glass, the great environmental damage wrought by modern glass skyscrapers could have been avoided, argues Henrik Schoenefeldt…
The Riviera’s magnificent Villa ‘Les Cèdres’ sells for €200m
Italian drinks firm Campari has found a private buyer for the remarkable Villa 'Les Cèdres' in Saint-Jean-Cap-Ferrat, which was once listed for sale at €350m