Location: International
Luxury developer reports sales surge as New York’s property market booms
Manhattan developer Extell signed more than $260 million in new sales contracts in Q1, and says it is on track to sign another $250 million in April.
Bentley-branded residences are coming to Miami
Motoring marque Bentley is the latest luxury brand to attach itself to a prime residential property development in Miami, joining the likes of Porsche, Aston Martin and Fendi.
Christie’s signs new affiliate in Dubai
Dubai Premier Estates has become the latest agency to join the global real estate network, which now spans nearly 50 countries and territories.
Mapped: The world’s top ten billionaire cities in 2020
Beijing has overtaken New York as the world's billionaire capital, according to Forbes.
Reuters: Hong Kong-on-Thames lies in not-too-distant future
A "combination of bold developers and new arrivals" from Hong Kong "could provide a shot in the arm for London's pandemic-afflicted property market," writes Karen Kwok for Reuters..
London was the biggest super-prime sales market in the world last year
Elite buyers dropped nearly US$4bn on $10m-plus properties in the UK capital in 2020, putting it ahead of traditional rivals New York and Hong Kong in the luxury real estate stakes.
In Pictures: Landmark Madison Ave penthouse sells for $21.6m
Another super-prime apartment has sold in Robert A. M. Stern Architects boutique development in Manhattan.
Get set for the overseas buyer mini-boom
Following a return to a 1970s-style market dominated by domestic buyers, we can expect an influx of international investment this year - particularly from Asia - as lockdown measures ease across the world, …
Global cities see house price growth accelerate
81% of international city markets tracked by Knight Frank saw property prices rise in the year to Q4 2020; one in five (20%) registered double-digit price inflation.
Sotheby’s expands in the Middle East
Luxury real estate network launches new operation in Muscat, following recent changes to the property system introduced by the Omani government.
Monaco is still the world’s most expensive real estate market
Principality holds onto the global top spot despite a slight drop in values in 2020.
The Times: Should we follow the Kiwis and try to burst the house-price bubble?
‘New Zealand is innovating again’, writes David Smith in this opinion piece for the Times looking at how the Ardern government is dealing with a soaring real estate market.