Luxury property values soar by a fifth on the French Riviera as international buyers return
Large oceanfront villas are now commanding an average value of over £20mn, higher than an equivalent residence in London’s St John’s Wood or a townhouse in Mayfair, as more UHNWIs opt for sunny wealth hubs.
‘Resilience on the Riviera’: Monaco is still the world’s most expensive prime property market
Micro-state continues to punch above its weight on the international stage.
Top-end buyers downsize in London as Dubai, Miami & French Riviera woo world’s wealthiest
Competition from other wealth centres, concerns about a Labour government & taxation worries have led billionaires to spend less & buy smaller homes in PCL this year, reports Beauchamp Estates.
Five cities buck global super-prime slowdown
Hong Kong, Dubai, Geneva, Miami & Sydney all saw $10mn-plus sales rise over the last quarter, reports Knight Frank.
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Chelsea estate reportedly trades in £270m-plus off-market deal
Sale of historic SW London mansion is thought to rank among the most expensive ever recorded in the UK, and potentially globally.
Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
Savills in LA tie-up with top-end brokerage
‘Our clients are more global than ever before and expect a seamless service across residential markets worldwide,’ says Savills’ global residential head Victoria Garrett.
Six ways the new High Value Council Tax Surcharge could change the luxury property market
From shifts in pricing and transaction levels to new-build activity, the OBR has released fresh forecasts for how the prime resi market could be affected by 2028's new annual levy.
Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
Allsop recruits former Savills director to lead new planning department
'We are pressing on with our strategy of growth in complementary business areas,' says property consultancy boss.
D&G adds another self-employed broker in Central London
Keelan Forbes has returned to the agency after a spell with Savills.
‘A rare arrival on the lettings market’: Bayswater duplex seeks £10k pw
The marquee apartment in Redrow's 2015 Connaught Place development is available to rent.
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In Pictures: Brand new Wentworth mansion with rare fairway access seeks £21.5mn
Buyer sought for 18,000 sq ft new-build on prized 1.42-acre plot.
My Property Career: Quickfire Q&A with Charles Leigh
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Tom Bill: Middle East ceasefire to boost buyer sentiment more than mortgage market
This week’s ceasefire will support UK housing demand, but mortgage rates are unlikely to drop quickly, explains Knight Frank's resi research boss.
Prime London buyer demand ‘stays firm despite vast economic uncertainty’
Q1 saw a slight increase in the proportion of open-market £2mn+ property listings that had already secured a buyer.
Property financier buys NW London mortgage broker’s client book
Lemon Tree Financial's founders, Mitul and Geeta Patel, have retired after 30 years in the lending business.