Prime London property exchanges at third-highest level in five years as prices continue to climb
But the majority of October's property exchanges in prime London still originated in deals done before the first national lockdown, says Knight Frank.
Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
London super-prime prices have fallen by 21% in five years – but ‘things may be beginning to change’
There's 'a sense of opportunity' at the very top of London's property market, reports Savills, with 'some encouraging signs of activity' in the super-prime £10m+ arena.
Average prime values outside of London have climbed beyond their 2007 peak for the first time, says Savills, and now sit some 1.4% above their pre-crash high.
Companies in this articleKnight Frank
Joint-global head of the agency's Private Office saw off competition from seven other high-profile names at the 2023 Spear's Awards.
Agne Karazuite and Ed Boden have taken on new roles in Chelsea and South Kensington.
Fresh analysis by luxury estate agency Beauchamp Estates looks into the wealth and lifestyles of the global super-rich.
Significant sale 'demonstrates that despite ongoing economic uncertainty London remains top of the list for the world’s global buyers,' says Knight Frank.
The five artists' studios in SW6 have 'scope for a range of potential future uses,' says Savills.
Rachel Mason will be in charge of identifying new investment opps in London and across the UK for the Australian developer, as it targets a billion-pound pipeline.
Aldar Properties says its first acquisition outside of the MENA region provides 'a meaningful foothold in the diverse and dynamic London property market,' with financial heft that will give London Square…
From strategic hires to the rise of self-employed agents: Andrew Deverell-Smith on the real estate recruitment trends to watch
Is it time to hunker down or level up? Recruitment guru explains how top property firms are taking different approaches to challenging market conditions.
IN PICTURES: A first glimpse at Powerhouse, the former Lots Road Power Station, where a remarkable resi transformation nears completion.
Across the 173 cities analysed by the Economist Intelligence Unit, cost of living prices have risen by an average of 7.4% in the last year.
'Intriguing opportunity' in the picture-perfect village of Broadway is likely to generate lots of interest, say agents.
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Backed by Montfort, Andrew Teacher's new business will specialise in real estate, asset management, technology and ESG.