London reclaims its title as the world’s top wealth centre, despite Brexit
"Hard Brexit, no Brexit, Brexit-lite: whatever the outcome, London will remain the leading global wealth centre in 2019." London now has more ultra-high net worth individuals than any other global city, and has usurped New York to retake the No.1 position in Knight Frank's 2019 City Wealth Index.
The world’s billionaires have seen a ‘significant decrease’ in wealth & numbers
UK billionaires' combined net worth fell by 17% in 2018, reports Wealth-X
Global UHNW wealth falls for the first time in three years
There's been "muted" growth in the number of Ultra-High Net Worth Individuals over the last year, reports Wealth-X - but London has seen a bigger rise than any other top ten UHNW city
Europe’s resi real estate investors are ‘bullish’ despite Brexit & regulatory concerns
Paris, Berlin and Frankfurt are the top picks for real estate investment in 2020, reports PWC
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Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
Strutt & Parker brings in Madison for PCL expansion drive
Heritage estate agency recruits top-end operator - the latest in a run of high-profile hires - to extend prime market coverage as part of 'ambitious' growth strategy.
Investor-developer acquires 86-unit PCL portfolio for £28mn
'A few years ago, you simply wouldn’t have seen assets of this quality and in these locations pricing at that level,' said Leufroy, which has exchanged on a quartet of buildings in Notting Hill & Kensington.
Deal sealed on £17.5mn Cadogan Square restoration project
Rare unmod opp on the famous garden square could become one of RBKC’s finest residences, say agents.
Barnes joins UK Sotheby’s International Realty as Senior Director
Well-known dealmaker Simon Barnes has signed to George Azar & Alex Isidro's team in PCL.
Harding Green acquires boutique NW London agency
Laurence Leigh Residential has been running since 2007.
Prime London property market heading for ‘worst year since Covid’
18% fewer £5mn+ sales have been recorded in London this year compared to 2024, while no deals have gone through above £50mn.
Luxury brokerage flags tight supply & strong deal flow in Mayfair
UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.
Agency lists 1/8th share of Mayfair penthouse for £1.05mn
Fractional ownership is catching on with PCL buyers, says Russell Simpson, as a share in a 'sublime' duplex on historic Queen Street goes on the market.
Prime London buyers resurface after Budget clarity – but vendors beat a retreat
Property sales spiked as uncertainty lifted in November, according to LonRes, though supply-side trends point to a cautious year-end.
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