Location: United Kingdom
Middle Eastern buyers account for 50% of Mayfair’s super-prime deals
Middle Eastern buyers account for half of Mayfair's super-prime (£10m+) deals and around 10% of all acquisitions in the area, says Wetherell.
The Big Summer Sale: Record drop in August asking prices points to slower H2 – Rightmove
The average asking price of newly-marketed property across England and Wales is down by 2.9% (-£7,758) this month compared to last, according to Rightmove.
Who’s just snapped up this £34m Nash masterpiece?
It's been reported that professional shark-botherer Damien Hirst has just bagged this extraordinary Grade I-listed affair in Regent's Park.
Prime Property of the Week: Theatre of Dreams
Little Easton Manor
£5m (Guide Price)
Countrywide sells Sotheby’s franchise and two branches; others to be rebranded
Countrywide has decided to sell its exclusive Sotheby’s International Realty licence, just four years into the 25 year term.
‘The financial crisis no longer dominates the fortunes of the prime London residential market’ – Knight Frank
A looming General Election and expectations of an interest rate rise have eclipsed the global economic meltdown as the primary factors affecting the top end of London's property market, says Knight Frank…
INTERVIEW: 3RD HOME’s Giles Adams on collaborative consumption
Launched in 2010, 3RD HOME - a reciprocal travel club for luxury second homeowners - now hosts a £3.2 billion portfolio of properties in some of the world's most exclusive locations.
Heron Plaza site sells to Singapore’s UOL Group
Singapore-based UOL Group has bought the Heron Plaza site on Bishopsgate from Gerald Ronson's Heron International for £97m, with plans for luxury residential apartments, a hotel and retail units.
Oaktree-backed Anthology completes senior team
New Oaktree Capital Management-backed property developer Anthology has completed its senior team by hiring former Mount Anvil man David Clark.
French Lessons: Wealth tax woes continue in Paris
The punitive tax regime put in place by the French government has had a dramatic effect on the country’s housing market.
Houses as museums / museums as houses: 12-13th September, The Wallace Collection
What's the difference between a home and a museum?
PCL flat deals dip as house transactions rise
It's not a flat market in prime central London, notes W.A.Ellis, as flat transactions fall by 11% year-on-year while house deals rocket by 20%.