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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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Savills recruits Knight Frank’s Gigi to head Hampstead sales
Agency confirms 'major' resi appointment in north London.
Candy Capital teams up with Abu Dhabi property developer to ‘redefine luxury living on a global scale’
British tycoon Nick Candy has signed a 'landmark' JV agreement with Modon Holding, promising to 'amplify the ultra-luxury real estate landscape' in the UAE, Middle East & beyond.
Fairway Capital tees up £50mn Belgravia mews scheme
Conversion of historic garage site to deliver first complete terrace of new mews houses in the neighbourhood since the 1950s.
Former Black Brick partner launches ‘private property network’ for agents
Over 100 firms have already signed up to Caspar Harvard-Walls' London-based platform, Oskar.
DDRE boosts Home Counties coverage
High-end brokerage adds two new advisors targeting prime markets beyond the capital.
In Pictures: Joyce Wang Studio designs £17.25mn apartment at The Whiteley
International practice was given carte blanche to create a 'quietly luxurious' 4,000 sq ft residence at the £1.2bn west London scheme.
Walter Lilly merges with Size Group
Specialists join forces to create 'high quality multi-sector construction craft group'.
UK is ‘worst in the world for millionaire exits’, warn economists
The Adam Smith Institute believes the share of the UK population who are US dollar millionaires will fall by a fifth over the next four years, thanks to 'a hostile culture for wealth creators'.
Recently-launched prime country house agency expands into the Cotswolds
Chartwell Noble was set up earlier this year by Ross D’Aniello, Stuart Bass & George Pickard.
In Pictures: High-spec Wimbledon Village mansion seeks £15.5mn
Super-prime listing on prestigious Parkside comes with 'best in class' amenities including a pool, sauna, ice pool & private cinema.
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Developer to revive ‘architectural masterpiece’ in SW London
Aldar-owned London Square continues acquisition drive with purchase of Grade II* listed former Surrey County Council HQ.
CoStar chief trumpets OnTheMarket’s progress
Newly-acquired portal is 'far outpacing' rivals, says Andy Florance, citing big uplifts in traffic and sales leads.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Alex Michelin: Why London’s super-prime buyers are no longer driven by location
The significance of postcodes is fading, explains the influential luxury property developer, while demand for unique, individualised homes is rising.
Hometrack rolls out Data Services arm
Proptech firm says its new suite of products 'will be a game changer for any property business looking to drive efficiencies and improve decision-making'.