Location: International
Grosvenor reports first negative return since the GFC
"Our 2020 financial performance was poor by historical standards, although contextually resilient," says Grosvenor Group's Chief Executive Mark Preston, as the firm swings to a loss.
Beyond Hotels: On the future of branded residential
Hotels may dominate the international branded residence space, but there's scope for lifestyle brands - from food and drink to fashion and tech - to move into the sector, suggests Riyan Itani.
Global luxury property market set for a ‘banner year’ as demand outstrips supply
Nearly one in five (19%) affluent households around the world are looking to buy but not sell a property in the next three years, according to new research by Luxury Portfolio International, while only…
What Buyers Want: Home-buying trends in France, Italy, Portugal & Spain
Amenities, high-speed internet access and a good view top the wish list for people buying in France, Italy, Spain and Portugal, according to the latest research from Savills.
New Four Seasons-branded project in Dubai sells out in ‘record time’
The 28 turn-key units on the banks of the Dubai Canal were snapped up by a ‘who’s who of international society, from royalty to celebrities’, according to the agents.
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.