Location: International
Rental price growth ‘stabilises’ in prime global cities
'Even the luxury sector is subject to affordability constraints', says Knight Frank as it heralds 'an end to the substantial upward repricing' of rental markets in key global cities.
Savills Australia & New Zealand recruits head of luxury & rural resi
Agency creates new high-level role as it targets growth in the New South Wales market, including Sydney's most exclusive enclaves.
Postcard from the Bahamas: Foreign buyers are driving a real estate boom
Michelle Martinborough of Bahamas Realty highlights some of the trends and new developments that 'exemplify the upscale offerings gaining traction' on the Caribbean islands.
Ranked: The best citizenships for global HNWIs
Quality of life trumps financial considerations for most high net worth individuals seeking a second passport.
In Pictures: Luxury boutique resi scheme unveiled on Cannes’ Croisette
Savills instructed on 'unique' renovation project on the famous Riviera address.
Indian buyers are driving the luxury property market in North London
DDRE Global says 40% of large apartments sold in St John's Wood in the last year have been snapped up by buyers of Indian origin, who now account for half of all active HNW buyers in the area.
The View from France: Down but not out in Paris & London
'It sounds odd, but buyers expect a certain amount of craziness in Paris whether it’s a protest or Olympics controversy and investors seem unperturbed by the changes.'
Savills’ UK estate agency revenue jumps 10%
Resi transaction numbers are up, but the average value of a property sold by Savills in London has fallen by 13%.
Hamptons teams up with Rome real estate agency
Immobili di Prestigio is now branding itself as 'in association with Hamptons'.
Strutt & Parker owner set to buy AXA IM for €5.1bn
BNP Paribas Group is in exclusive talks to acquire AXA Investment Managers, in a deal that would create a European finance behemoth with €1,500bn of assets under management.
Prime global cities on track for 1.3% house price growth this year
60% of the 30 cities analysed in the Savills Prime Residential World Cities index saw positive capital growth through the first half of 2024, "reflecting a level of relative confidence in the asset class.
Government confirms the end of non-dom status in April 2025
The Treasury has revealed measures to clamp down harder on international wealth as it aims for a tax regime that 'is both fair and as competitive as possible.'