Main image: Beauchamp boss Gary Hersham
'People forget just how embedded Russian investment is in London': Gary Hersham on how sanctions are affecting the luxury property market
"None of my Russian clients have asked me to sell their properties in London or the Home Counties," says super-prime estate agent Gary Hersham.
Gary Hersham is a founding Partner of Beauchamp Estates, a privately owned firm with some thirty years of experience in both the residential and commercial markets, specialising in acquiring and selling prime central London houses, flats and developments.
What to read next
Talking Heads: On Russia sanctions & the London property market
Two weeks on, we asked prime property insiders - including those who specialise in Russian clients - about what effect anti-war sanctions are really having on the London property market, and how their…
Waterfront price premiums rise around the world as demand surges
The average international premium for a waterfront property compared with a non-waterfront home has climbed to 40%, according to Knight Frank.
Global Property Buyers in 2021: Five key stats & five future trends
Knight Frank's Global Buyer Survey 2021 tracks how the world's affluent property buyers’ priorities, motivations and attitudes are changing.
By PrimeResi
Companies in this article
Beauchamp EstatesMost read
Inside St John’s Wood Square: Sales launch at ‘once-in-a-generation’ super-prime project
Portia Fox-designed show apartment unveiled as long-awaited transformation of historic NW8 barracks site hits the market, with pricing revealed for the first time.
Forbes-backed brokerage adds another big name to PCL line-up
Latest Founder Partner brings nearly four decades of top-end agency experience to Martin Bikhit’s new venture.
Property billionaire swaps Holland Park for Monaco
David Reuben becomes the latest big name to leave the UK, joining a Monaco set now controlling some £77bn of Rich List wealth.
RFR brings in super-prime specialist as MD
Former Knight Frank partner joins Chelsea-based buying firm.
Major developer calls time on London as viability ‘fundamentally broken’
Economic rewards for taking development risk in the capital have 'evaporated,' says housebuilding giant boss.
By PrimeResi
Native Land unveils £15.5mn penthouse with one of Marylebone’s biggest roof terraces
In Pictures: Developer rounds off sales programme at well-received PCL scheme with a flourish.
Guardian: Why are London mansions struggling to sell?
LonRes chief says there is some ‘unbelievably good value’ in the capital's prime neighbourhoods - but warns the market has yet to find its floor.
London Square owner racks up £1bn-worth of Abu Dhabi sales in a week
International buyers drive bumper sales tally for Aldar across two waterfront launches.
By PrimeResi
Martin Kemp Design takes up residence near Buckingham Palace
Luxury design practice moves into new Buckingham Place studio, with a run of prime resi projects underway and a growing furniture range.
Record transfer window kicks off super-prime rental bonanza
Savills handled more than 20 player and manager relocations over the summer, including a string of deals in Cheshire at more than £30k a month.
LATEST ARTICLES
eXp owner names new global chief; announces three-day London palooza
American brokerage founder Glenn Sanford steps back as the UK division prepares to host the firm's big international convention next year.
By PrimeResi
Knight Frank adds more affiliate brokers as enquiries top 170
Agency continues rollout of self-employed model as it targets key territories across South East and West London.
Tom Bill on tax-cut promises, mortgage pain & the country house market
Knight Frank's research boss weighs up the latest political pledges, the borrowing squeeze and 'brittle' sentiment among buyers.
By Tom Bill
‘A significant change’: Primary buyers overtake second-homers in Cornwall’s waterfront market
Agency flags a sea-change in the South West as 'local buyers & those looking to relocate permanently are becoming the dominant force'.
By PrimeResi
Native Land unveils £15.5mn penthouse with one of Marylebone’s biggest roof terraces
In Pictures: Developer rounds off sales programme at well-received PCL scheme with a flourish.