Location: International
Prime property prices outpace mainstream markets in global cities
"We expect the prospect of rising interest rates, government intervention and the withdrawal of stimulus measures to rein in the market’s exuberance in the second half of 2021," says Knight Frank, as…
In Pictures: PCL developer transforms rundown alpine farmhouse into luxury chalet
Voza Developments has spent 18 months turning a dilapidated former farm building into a 16-bed retreat with direct views of Mont Blanc.
Global survey reveals what HNW buyers want from a real estate agent
Traditional firms will have to maintain their personal connections and keep up with new tech if they want to see off ‘disruptors’, says international brokerage network.
Netflix fame leads to ultra-prime deals for French agency
Kretz & Partners, the family-run firm starring in The Parisian Agency, has just sold an €80m mansion in Paris in collaboration with a well-known ex-Knight Frank agent…
Deal Digest: 16 super-prime property sales from 2021 so far
As we learned last week, super-prime buyers were out in force in the first six months of the year, splurging nearly US$14 billion on homes in New York, Los Angeles, Hong Kong, London, Sydney, Singapore…
Raffles gears up for global branded residences rollout
Debuting in the UK & North American markets next year will be ‘watershed’ moments, says the Accor-owned luxury hospitality brand.
Douglas Elliman names new CEO
Scott Durkin takes the helm at the high-profile US brokerage as Dottie Herman steps down after 18 years.
The Penthouse Premium: Buyers pay 35% more for marquee apartments
Penthouses around the world command 35% price premium per square foot in comparison to other homes in the same development, according to new research by Knight Frank.
Prime global rents turn a corner as yields drop further
“Rental markets look set to be subdued for the rest of 2021," says Savills as its World Cities rental price index returns to positive growth, but the longer-term outlook is more positive.
Pandemic fuels the ‘broadest global house price boom in two decades’
The annual rate of house price inflation across the OECD group of rich nations hit 9.4% in Q1 2021 - a 30-year high.
‘Cities are springing back to life’: Super-prime property sales surge around the world
"We expect super-prime sales to end 2021 on a high," says Knight Frank, as it flags a significant jump in US$10m+ deals across seven major global wealth hubs so far this year.
French cities & resorts get tough on second-home owners
Many Britons with Alpine and costal retreats face hefty council tax bills under new measures designed to curb house price rises.