Location: International
Dubai’s Luxhabitat Sotheby’s reports ‘record-breaking streak’
Luxury brokerage put though sales worth more than 250 million AED in the first six months of 2021, including one of the most lavish mansions in Emirates Hills.
Ranked: Average estate agency fees around the world
Estate agents in the UK are amongst the world's lowest-charging property brokers, according to some new research. Australia is the most expensive place to sell a home.
Miami penthouse sold in USA’s biggest real estate cryptocurrency deal
A buyer has reportedly paid for a 5,000 square foot penthouse at the Arte Surfside scheme in cryptocurrency, in a deal that took under ten days from start to finish.
Middle Eastern buyers returning to UK market
Buyers from the region accounted for 16% of all UK sales to overseas purchasers in the first three months of the year, compared to less than 10% in the previous two quarters.
Prime property stock shortage looms across Europe
“The strong sales rates we’ve seen in the last 12 months have been driven almost entirely by domestic buyers," says Knight Frank;
Monaco new-builds ‘could cost €100k per square metre’
The 125 homes emerging from the sea as part of the €2bn Mareterra development could smash a few records when finally released.
Hawaii named top destination for world’s luxury homebuyers
Survey of elite buyers by Leading RE’s luxury division found one in five were interested in buying in the tropical Aloha State, where inventory has now dropped to ‘record lows’
Ireland imposes 10% property investor tax
"The introduction of the higher stamp duty rate of 10% for the bulk purchase of houses is designed to dissuade the practice whereby institutional investors buy up homes that are close to completion, or…
Berkshire Hathaway HomeServices names new CEO
Christy Budnick has stepped up to become CEO of Warren Buffett's real estate brokerage Berkshire Hathaway HomeServices, which operates in the UK as BHHS Kay & Co.
Affluent home-buyer demand has shifted, but which trends will endure?
"Mega estates are making a comeback," says American property giant Coldwell Banker. "Gardens and backyard settings are being re-envisioned. Luxury medical concierges are the next big wellness trend.
Fine & Country moves into Mallorca
Up-market estate agency to open a new Balearic outpost.
The investment case for global property: What ‘the next generation’ wants
Flora Harley explains how preferences are shifting amongst younger ultra-high-net-worth individuals around the world...