More major firms including Knight Frank & Savills drop out of MIPIM over coronavirus fears
Knight Frank, Savills, Grosvenor, Landsec, EY and others have all followed Cushman & Wakefield's lead, backing out of next month's MIPIM event over fears of the spread of the Covid-19 virus. [UPDATE, 29th February 2020: MIPIM has been postponed to 2nd-5th June 2020 "due to growing concerns related to the coronavirus"]
MIPIM postponed to June after coronavirus prompts exodus
Europe's biggest property networking event, MIPIM, has been pushed back from 10th March until the 2nd June.
By PrimeResi
Coronavirus fears prompt leading interiors trade fair to be postponed & a major agency to pull out of MIPIM
Salone Del Mobile in Milan has been pushed back from April to June, while Cushman & Wakefield has backed out of attending MIPIM in Cannes next month.
By PrimeResi
Cleland steps up to helm Knight Frank’s country property business
David Peters is retiring after 23 years with the global property consultancy. He will be succeeded as Head of Country business by 25-year KF veteran James Cleland.
By PrimeResi
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Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
In Pictures: $400mn LA mansion becomes world’s most expensive open-market property listing
Agents describe the eight-acre estate as the 'Crown Jewel of Los Angeles'.
By PrimeResi
In Pictures: Soho House founder’s private Scottish island hits the market with £10mn eco-lodge plans
Inchconnachan has been listed for sale at £3mn as-is, or at £10mn for a turn-key luxury retreat delivered under the 'direction & vision' of hospitality maven Nick Jones.
By PrimeResi
US buyers drive £16mn of deals at luxury Mayfair scheme
Penthouse at REDD’s 6 Charles Street changes hands amid a flurry of American-led activity.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
Knight Frank notches up £173mn of prime country sales in Q1
Correctly priced homes are still attracting competitive interest despite an uncertain backdrop, says agency.
A buying agent’s view: On holding positions, spring optimism & a market in search of stability
Jamie Freeman discusses fragile confidence, lifestyle-led demand and why off-market deals are on the rise.
Jo Eccles: Overconfidence is costing buyers in the core market
Eccord's MD runs through three key themes in the PCL market this month, including a disconnect between buyer expectations and reality - and why it's becoming harder to correctly interpret pricing.
By Jo Eccles
Savills appoints two new heads of lettings in south west London
Aaliyah Joumana & Morgan Frewin will lead departments in Bishops Park & Richmond respectively.
Interview: Knight Frank’s Peter Mayo on the changing role of auctions in the prime market
Agency's auctioneer and partner discusses outdated misconceptions, unusual lots and why more discretionary sellers are turning to the gavel.
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MFS administrators flag scale of PCL disposals
Care would be required not to 'flood the market', say practitioners, citing 'significant real estate… in particularly valuable parts of central London'.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Cotswold agency makes trio of senior appointments
Ben Rymer, Henry Coram-James and Russell Taylor have recently joined Butler Sherborn.
By PrimeResi
Big jump in property agents pursuing professional qualifications
Rightmove & Propertymark report increased interest in exams from sales & letting agents.
By PrimeResi