London slides to third in global luxury real estate rankings
The UK capital now sits behind Hong Kong and New York in the high-end resi stakes, according to Christie's, while economic tailwinds and rising confidence help boost sales volumes across the world's top luxury markets...
What to read next
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
By PrimeResi
Luxury real estate giant Engel & Völkers exits UK market; continues global expansion
German-based behemoth no longer operating in the UK, following the closure of its sole PCL branch; worldwide commission revenues soar by 11% as major rollout continues across Europe & North America...
By PrimeResi
America Thirst: Foreign buyers pile into US luxury real estate market
UK nationals among top buyers as annual overseas investment soars 72%; Miami, Manhattan and LA accounting for 40% of all non-resident buyer transactions over $1m
By PrimeResi
Companies in this article
Christie's International Real EstateMost read
High-profile agent Tangney launches ‘modern private office’
Siân-Louise Tangney's new venture, Key Privé, has already chalked up a £200k-a-month off-market deal in Ascot.
Knight Frank & UK Sotheby’s land £25mn Ormeley Lodge instruction
Lady Annabel Goldsmith's 'exquisite' former home between Ham Common and Richmond Park comes to market after more than 50 years with the family.
In Pictures: Inside the first completed penthouse at Holland Park Gate
RedBook Agency & Taylor Howes collaborate on transformation of 5,500 sq ft duplex atop Lodha's super-prime scheme in Kensington, billed as 'one of London's most significant new luxury homes'.
Valouran promotes sales chief Leigh to partner
Industry veteran steps up at the luxury developer, where he oversees sales across a £4bn London portfolio.
In Pictures: 500 industry pros attend inaugural ‘Summer Social’ at the Hurlingham Club
Social Circuit: UK Sotheby's, Enness Global and Lumley brought together professionals from the luxury property, finance and wider private client worlds for an afternoon of networking and entertainment.
Prime property price declines accelerate in ‘strong buyer’s market’
Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.
By PrimeResi
Agency duo buy well-known SW London firm
Brendan Wynne & Fraser Allen are consolidating the 33-year-old estate agency's multiple branches into a 'hub office' in central Richmond.
By PrimeResi
des Forges: ‘When the London market turns up, it turns fast’
In Pictures: Top agents and designers gather in Knightsbridge to discuss the capital's prospects & evolving HNW trends.
Global trophy homes go under the hammer in Mayfair
Concierge Auctions said £139mn in bids were placed during its latest London global sale at The Connaught, as buyers competed for homes from across the US and Europe.
Lord Snowdon’s former country retreat on the open market for first time in more than 500 years
In Pictures: An ancient house with high-society provenance seeks £3.95mn.
By PrimeResi
LATEST ARTICLES
Knight Frank promotes 129
UK business names 18 new Partners in latest promotions round.
des Forges: ‘When the London market turns up, it turns fast’
In Pictures: Top agents and designers gather in Knightsbridge to discuss the capital's prospects & evolving HNW trends.
Behind the Schemes: How ‘invisible tech’ helped reimagine a Grade I listed Fitzrovia townhouse
Award-winning collaboration between James Gorst Architects and Mosaic Audio & Visual concealed cutting-edge systems within one of PCL's most significant heritage homes.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
‘Around 40’ Keller Williams agents move to rival brokerage in Scotland
French broker platform iad heralds 'a new era for Scottish agents'.
By PrimeResi