New York is billionaires’ favourite city
The Big Apple is home to 85 billionaires, say Savills and Forbes. Singapore, in second place, has 79 resident billionaires, while Moscow, Beijing and London have 71, 61 and 55 respectively
The world’s billionaires have seen a ‘significant decrease’ in wealth & numbers
UK billionaires' combined net worth fell by 17% in 2018, reports Wealth-X
By PrimeResi
Hong Kong developer proposes a new émigré city in Ireland
One of Hong Kong's big property mavens is touting a plan to build a whole new city in Ireland, to home around 50,000 emigrants from his semi-autonomous Chinese hometown.
By PrimeResi
London named the world’s most ‘comprehensively attractive’ city for the eighth year
London, New York, Tokyo and Paris are the most “comprehensively attractive” and "magnetic" cities in the world, according to 2019's Global Power City Index
By PrimeResi
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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.
Strutts bolsters Knightsbridge & Belgravia team with double hire
Heritage estate agency adds high-end specialists from Chestertons & Carter Jonas as PCL push continues.
Strutt & Parker refreshes brand as growth push gathers pace
140-year-old firm’s marketing overhaul aims to 'move the brand into a more premium space' amid ongoing hiring and broker push.
Opinion: Finchatton’s Andrew Dunn on London’s resilience in a changing world
The top-flight super-prime developer shares insights on demand, sentiment amid uncertainty, and what still drives HNW decision-making.
By Andrew Dunn
Behind closed doors: When big egos derail super-prime property deals
From hedge fund titans to media moguls, seasoned buying agent Saul Empson reflects on the real cost of bad behaviour.
By Saul Empson
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Inside Foxtons: Sales reset, stress tests & the shift to recurring income
Estate agency reveals fresh detail on sales strategy, downside scenarios and senior pay in latest company filings.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
In Pictures: Qatari Diar & CWG open final resi phase at £1bn Southbank Place
'Intentionally understated' apartment block completes a decade-long prime London redevelopment project.
By PrimeResi
Inside Branded Residences: A playbook for global property developers, brands & operators
In-depth & invaluable insights into the trends, mechanics & real-world business of the international branded resi sector, written by the teams at Global Branded Residences and Watson Farley & Williams.
By Riyan Itani
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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.
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Global luxury markets finding a ‘healthier equilibrium’, new sentiment index suggests
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