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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.
Ranked: The biggest foreign buyer nationalities in Prime London so far this year
Overseas buyers have been behind 41% of Prime London transactions in 2020, spending an estimated £3.3bn, according to new analysis.
Prime London market busier than post-election bounce, as high-end sales continue to soar
The £5m-plus market has been flying over the last three months, reports LonRes, with exchanges up by nearly 20%.
Super-prime resi market set for bumper year – Beauchamp
Luxury agency foretells a 15% rise in transaction volumes and an uplift in prices, having recently tucked away a series of mega-deals in PCL and the Home Counties.
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Harrods Estates names new Knightsbridge sales manager
Well-known dealmaker steps up at PCL agency's flagship branch.
New head of sales at Knight Frank Richmond
Top-billing agent Edward Adler takes the reins at firm's longstanding base in SW London.
St John’s Wood super-home project goes for £2mn above guide
Multiple bids went in for the 'best-in-class' 10,000 sq ft new-build scheme, which was being offered with a top-tier design team already in place.
Strutt’s former rural chief teams up with top buying agent for new venture
Jess Simpson & Matt Sudlow have launched Stoneacre Advisors to provide private clients with advice on high-value, complex, rural property transactions.
Luxury brokerage sets up new Private Client Service
New end-to-end offering from United Kingdom Sotheby’s International Realty will connect ultra-prime property markets including the UK, UAE & Saudi Arabia.
Savills Ski opens in Gstaad
Lucinda Brousse is running the new Swiss office.
The Gift Horse: Ollie Marshall on London’s ‘unbelievable’ opportunities for prime property buyers
Markets have become irrational and some remarkable homes are going for a song, reports top buying agent; the key is knowing how to capitalise, and where to look.
Buyer sought for brace of Knightsbridge apartment buildings
'Most rare opportunity' launched on Beaufort Gardens, with a combined price tag of over £19mn.
Leasehold reform legislation coming ‘within this year’ says Housing Secretary
Angela Rayner renews pledge to bring forward leasehold reforms and promote commonhold tenure.
Currency Matters: Once again, Prime Central London real estate is on sale
The pound has been taking a pummelling & US buyers now have an unprecedented opportunity to capitalise in the PCL property market, explains David Huggett.
LATEST ARTICLES
Green light for new Finchatton apartment scheme in Knightsbridge
Super-prime developer to transform two historic townhouses just around the corner from Harrods; promises 'best product to date'.
OB Private boosts Mayfair team
Luxury agency's new hire, Joe Mason, brings experience from Savills’ flagship Knightsbridge and Sloane Street offices
Mera completes £11m bridging facility on luxury Holland Park home
Large-scale single residence was refinanced to allow time for the investor borrower to market it and achieve best value.
SPF moves into Dubai; plots further Middle East expansion
Marcus Hodges has been installed as Managing Director of SPF UAE.
Former UK SIR director & Knight Frank partner signs to Harding Green
Ryan Stokes spent a decade with Knight Frank before moving to UK Sotheby's International Realty.