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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LATEST ARTICLES
Talking Heads: How a cyber-attack put the PCL property sector in limbo
PrimeResi hears from some of the capital's top property brokers, lawyers & developers, about how November's IT hack exposed a fragile planning system, put transactions on ice, and continues to cause 'havoc'…
Heaton returns to LCP Private Office as Executive Chair
PCL big-hitter 'steps aside' from hospitality venture The Other House; takes up exec role at the buying agency she founded in 1990.
Battersea Power Station appoints new architects to ‘evolve’ Viñoly’s masterplan
Studio Egret West is designing the second half of the ambitious London regen project.
Grant J Bates Property installs new lettings boss
Ex-Hamptons associate director to spearhead prime lettings push at fast-growing luxury brokerage.
Knight Frank France strengthens Paris foothold with in-house resi offering
Former Junot director Alison Ashby has been appointed to lead the agency's new team based in the City of Light.