Prime global rents ‘struggling to achieve growth’ – Knight Frank
Rents in 17 world cities nudged up by an average of just 0.5% in the 12 months to Q1 2017
Prime global rents ‘struggling for growth’
"The heady days of 5% annual growth look unlikely to be repeated for some time," says Knight Frank's Kate Everett-Allen, as the firm's Prime Global Rental Index hovers close to the zero mark.
Prime rents fell most rapidly in London and Hong Kong last year – Knight Frank
Using its considerable research muscle to measure performance across seventeen major world cities, Knight Frank's Prime Global Rental Index recorded a 4.8% boost in 2013.
Cooling measures spread as global prime property price growth escalates
Vancouver is the latest global real estate hotspot looking to curb property price inflation (following the lead of Hong Kong, Singapore, Sydney and more), bringing in a really quite chunky 15% levy…
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UK Sotheby’s International Realty confirms departure of Managing Partner Reynolds
Claire Reynolds spent 19 years with Savills before joining George Azar's brokerage to lead a dramatic expansion in prime London.
Agency seals record-breaking deal in ‘London’s first luxury apartment block’
'Spectacular' £10.75mn duplex at Albert Hall Mansions was sold to an overseas buyer.
PCL property & wealth management consultancy bolsters team
Mayfair-based Lanesborough Advisory installs Henry Browne as Partner and Co-Owner.
Trio of developers completes hidden scheme in the heart of Mayfair
Three agencies are jointly handling sales at Three Kings Mayfair, where one apartment has already sold for more than £5,000 psf.
Turning the page: Why it’s time to exit the ‘Wexit’ echo chamber
It would be impossible for prime markets not to feel the impact of recent tax changes, but the reality of the 'wealth exit' on the ground is different from the media perception, say top property advisors…
Buyer sought for Lutyens’ last country house masterpiece
Grade I Cotswolds mansion debuts on the open market, seeking offers over £18mn.
Historic Chelsea gem with artistic pedigree hits the market at £9mn
Buyer sought for 'once-in-a-lifetime opportunity' between the King's Road and Fulham Road.
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
Knight Frank downgrades PCL house price growth forecast
'Needs-based' housing markets are likely to see prices rise faster than previously thought, but Knight Frank has cut its near-term forecast for Prime Central London 'due to the fact the political backdrop…
In Pictures: French Riviera ‘Bond Villa’ returns to market
Villa Roc Fleuri was formerly home to Bond actor Sean Connery.
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‘Britain’s most daring property developer’ to race in 14,500km motor rally
John Caudwell has been inspired by the links between the famous Peking to Paris Rally and his £300mn resi project on the French Riviera.
Kensington market heats up as international buyers sense an opportunity
Agency reports flurry of transactions between £5mn and £10mn across the prestigious neighbourhood.
Tribunal rules on high stakes CGT case over super-prime Chelsea mansion
The Finchatton-built home sold for more than £27mn in 2015.
High-end PCL homes to go under the hammer at global auction event
Townhouses in Belgravia and the West End, plus a luxury apartment in Chelsea, will headline Sotheby’s Concierge Auctions’ live sale later this month.
Prime London Property Market Snapshot: Week 19, 2025
Sales volumes have been running below previous years' tallies since Stamp Duty rates were increased at the start of April.