Investors are forming ‘clubs’ to skirt the new overseas buyer Stamp Duty surcharge
"Rather than invest in a single buy-to-let personally, some overseas investors are joining 'club' deals where they take a share of a collective purchase of six or more properties," says Blick Rothenberg.
Global real estate bounce ‘will extend into 2022’, predict economists
But Oxford Economics expects real estate returns to "temper considerably" by 2026, "falling well below their historical trend".
Hilltop plans to deploy ‘up to £300m’ on resi development projects in the next three years
Development finance firm Hilltop has secured major US backing for residential construction investments in the UK.
‘Things will never be the same’: International HNW investors anticipate ‘permanent lifestyle shifts’ due to the pandemic
UBS has surveyed a few thousand wealthy investors around the globe to identify a series of emerging trends, including strong intentions to move either closer to family or to less populated areas.
By PrimeResi
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In Pictures: £24.75mn show apartment unveiled at luxury Mayfair scheme, 60 Curzon
A flurry of sales have been finalised at the Art Deco-influenced project in recent months.
Luxury agency UK Sotheby’s International Realty launches property buying arm
The London-based brokerage has already signed up private clients with a combined £300mn to spend on high-end homes in 2025.
Big-ticket townhouse sale completes in Marylebone
Buyer exchanged on 'incredible' mixed-use proposition, listed at £22.5mn, just before the Budget.
High-flying agent joins Harding Green in Clapham
Catherine Wilson previously worked at Douglas Elliman in New York, and ran sales for the King's Cross & Battersea Power Station developments in London.
By PrimeResi
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
Buying agency flags ‘window of opportunity’ for house-hunters
It's shaping up to be a busy winter season for the property market, suggests Recoco.
By PrimeResi
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
By PrimeResi
Ending non-dom tax breaks has cost £140mn in ‘lost’ Stamp Duty revenue, claims agency
Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.
By PrimeResi
Foreign buyers shift focus in UK property market amid changing trends & taxes
The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.
Global sports star nets Bugatti-branded penthouse
Developer Binghatti reveals A-list buyer at latest ultra-luxe project in Dubai.
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