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
Changing of the guard at Knight Frank’s National Country Department
‘Stan’ Matthews steps up to lead £400mn-a-year operation after 23 years with the agency.
Warwick revives 1880s Notting Hill terrace as luxury resi scheme
Four top-spec residences will be released to the market throughout the autumn.
Knight Frank appoints new Group CFO
'Knight Frank is primed for growth and I am looking forward to helping deliver this,' says Chris Davis.
By PrimeResi
Billionaires’ Row mansion changes hands for £30mn
Official records reveal big-ticket resi deal on one of north London's most famous addresses.
In Pictures: $157mn trophy estate emerges from ‘one of the most iconic renovations in Palm Beach history’
This newly-completed 27,000 sq ft waterfront compound comes with 15 bedrooms, a sunken clay tennis court, private theatre and boat lift.
Non-dom exodus could be costing Treasury £4bn a year, claims top wealth lawyer
Stephenson Harwood’s James Quarmby says it’s the wealthiest departures that matter - and warns they aren’t being replaced.
‘The best projects have a soul before they have a spreadsheet’: In conversation with YOO Group founder John Hitchcox
The property entrepreneur who helped pioneer loft living and branded residences talks London’s overlooked hotspots, buyer trends, the next big shift in the sector - and the best investment he ever made.
High-profile royal mansion heading for the private rental market?
Former home of Andrew Mountbatten-Windsor has 30 rooms and is said to cost £400k-a-year to run.
‘Ever increasing taxes cannot continue’: Charles Curran on fear, flight & the changing PCL market
The Maskells boss weighs up the impact of tax uncertainty on prime London – and spots an opportunity amid the gloom.
Real Estate Legal Digest: An essential guide to the latest developments shaping the UK property market
Stay abreast of the key policies & issues impacting the real estate sector with PrimeResi's regular legal briefing, prepared by Boodle Hatfield's team of experts.
LATEST ARTICLES
US buyer lands super-prime pied-à-terre at The Whiteley
PCL buying agency sources off-market 3,000+ sq ft apartment at landmark Bayswater scheme, amid signs of 'real momentum' returning to the prime London market.
Gordon Brown: Property is already ‘taxed quite heavily’
Former PM and stamp duty architect weighs in on the wealth tax debate - and warns policymakers to be ‘very careful’ about pushing fleet-footed UHNWIs too far.
My Property Career: Quickfire Q&A with Natalie Malka
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Strutt & Parker names new regional Head of Estates & Farms
Fred Cook has returned to the firm after four years with Prime Purchase.
By PrimeResi
‘A mansion-sized exercise in mindless and needless bureaucracy’: Abrahmsohn on the High Value Council Tax Surcharge
Glentree boss takes aim at the valuation ‘cliff edges’, appeals and red tape surrounding the incoming £2mn-plus property levy.