Location: International
London gears up for £100m short let boom as super-rich descend for the summer
An estimated £50-£100m will be spent on short let serviced apartments in prime central London over the next few weeks, as some of the world's wealthiest descent on the capital for their annual sojourn.
N
Six reasons why China’s Golden Week will be even bigger for UK property this year
As China's stock market volatility spooks even the most hardy of investors, there's a widespread anticipation of an exodus of Chinese money to "safe haven" property markets around the world; Britain is…
Hip Hoorays: The rise of ‘Brand Mayfair’ for wealthy youngsters
"Whatever your impression of Mayfair, maybe it’s time to think again," trumpets Chestertons as it argues that the area "is fast becoming a must-have area for wealthy youngsters."
Cambridge trounces Oxford to top university property league
Sambucas will soon be lit up and down the country in an age-old ceremony to mark the start of the new academic year, but which university towns and cities have been on fire in real estate terms?
In
Pizza peer selling Mayfair block for £80m?
A prime slice of South Audley Street is reportedly being sold off for a cool £80m.
Half as many people are moving home now compared to 2007
Around 155,000 people moved home in the first half of this year, says Lloyds Bank; that's 9% fewer than in the same period last year, and less than half the number that moved in 2007's boom-time (327,600)
Prime Property of the Week: Spirit of Scotland
Gin Head, Near North Berwick, East Lothian, Scotland
£3.
Sydney mansion smashes Australian price record
A ginormous house in a swanky suburb of Sydney has just sold for "between $60-$70m", making it the most expensive resi deal in Australian history.
Savills buys Aussie estate agency; opens flagship resi office
Savills has completed its acquisition of Sydney-based real estate agency Cordeau Marshall
‘Substantial uptick’ in Manhattan deals as prices dip
"The number of Manhattan apartment sales greatly increased in the four weeks leading up to July 1," says New York real estate website City Realty from across the pond.
Prime London rents falter as bankers’ optimism fades
Rental values in prime central London have dropped - albeit by the smallest of measures - for the first time since February 2014. July saw PCL rents fall by 0
Pace of price growth in global prime cities halves – Knight Frank
"Asian cities are rising up the rankings," says Knight Frank, as seven of the top ten cities in its Prime Global Cities Index are now based in the Asia Pacific region