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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Knight Frank names three new Proprietary Partners
Knightsbridge lettings head Arya Salari, capital markets specialist Eddie Thomas and lease advisory lead James Thistle step up.
Top brokers assess the Iran conflict’s effect on global prime property markets
Luxury property agents in London & Dubai report early shifts in buyer activity as geopolitical tensions escalate.
By PrimeResi
‘Hundreds’ of luxury London flats set for sale after £2bn lender collapse
Around 250 property companies with assets across PCL now under administration.
£10mn Notting Hill project offers chance to create ‘one of the area’s great homes’
Rare unmod Ladbroke Grove townhouse with communal garden access and basement planning comes to market.
Westminster to grant blanket retrofit consent for Eaton Square
Borough's first Listed Building Consent Order promises to allow 'retrofit at scale' on London's largest residential square.
By PrimeResi
FT: ‘We’re past the $200mn threshold’ – the rise of super-super prime property
'How much is mere showboating listing,' asks FT journalist Mark Ellwood - 'and how much higher can prices for single private properties actually be pushed?'
By PrimeResi
Ten Years On: Assessing the ‘profound effect’ of the second home stamp duty surcharge
'Almost overnight, the market tilted away from investors,' says Hamptons, 'meaning far fewer homes have been added to the rented sector' in the last decade.
By PrimeResi
Buyer secures Dubai’s third most expensive apartment
The big-ticket off-plan deal comes amid escalating regional tensions.
By PrimeResi
Savills buys major real estate investment bank Eastdil
The deal is one of the biggest in Savills' history.
By PrimeResi
Savills reports ‘strong performance across the board’ despite declines for UK resi business
International property consultancy saw profits jump 11% last year.
By PrimeResi
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