Prime property prices outpace mainstream markets in global cities
"We expect the prospect of rising interest rates, government intervention and the withdrawal of stimulus measures to rein in the market’s exuberance in the second half of 2021," says Knight Frank, as property prices climb in prime global cities.
What to read next
World cities see prime property prices rise at fastest rate since 2016
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
Property price growth plummets in prime global cities, but ‘this is not a financial crisis as in 2008’
Prime global cities indices from Knight Frank and Savills reveal how Covid-19 has affected international property markets.
Ranked: Property price inflation in 100 prime global cities
The rate of residential property price growth across 100 prime global cities picked up a bit in 2019, reports Knight Frank, with Frankfurt leading the pack. But what about the year ahead?
Most read
Brokerage pulls off £48mn Belgravia hat-trick
Big-brand agency defies tough market conditions to complete three super-prime deals in as many weeks, as younger international wealth turns its attention to one of PCL’s traditional strongholds.
Strutt & Parker recruits PCL heavyweight to head Knightsbridge & Belgravia office
Jonny Fieldman has moved from Knight Frank to lead Strutt's Sloane Street operation, as the agency continues a high-level hiring spree in the capital.
Luxury London developer falls into administration
Begbies Traynor appointed to boutique firm behind a number of top-end resi projects across the capital.
Knight Frank adds four more London brokers to affiliate network
Latest recruits take on key patches across South West, West and North London as agency presses on with rollout of its US-style broker model.
£500mn RBKC scheme ‘back on track’ after Ardmore collapse
Construction restarts on 462-home project under new main contractor as developer reports nearly £40mn of early off-plan sales.
Regent’s Park trophy home hits the market at £15mn
Grade I listed residence comes with views over the park and its famous boating lake - and towards one of the most expensive properties ever sold in the UK.
Deal sealed on £15mn Claudio Silvestrin-designed Hampstead villa
The near-8,000 sq ft LA-style residence, described as the ‘epitome of minimalist cool’, went to a European family relocating to London.
Knight Frank bolsters London-based Turkish team
Two new recruits join as agency reports ‘significant’ flow of capital from Turkey into the new homes market.
‘The industry is changing dramatically’: Russell Simpson’s Bertie Russell on growing the family business & the future of prime agency
INTERVIEW: PCL agency boss discusses carving out a place between the corporates and brokers, pushing into new prime London markets and keeping the boutique edge.
£13mn Wentworth trophy home sparks competitive bidding
Agency reports ‘robust’ demand for best-in-class homes as British buyer snaps up standout new-build residence on the exclusive private estate.
LATEST ARTICLES
Former buying agent’s prime property network chalks up nearly £4bn of listings
Two-year-old platform doubles down on high-end market with nearly 500 agents signed up and over £3bn of live buyer searches.
Super-prime fit-out specialist eyes £100mn turnover amid resi push
130-year-old firm behind interiors at The Peninsula and The Londoner expands residential offering with three of London’s most anticipated luxury schemes in the works.
Nine in ten SME developers warn new levy will make projects ‘financially unviable’
Stark new findings suggest more than a third have already delayed, redesigned or cancelled projects, with 87% of smaller operators in London rethinking investment.
My Property Career: Quickfire Q&A with Marc Goldberg
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Evergrande tycoon sentenced to life in prison
Hui Ka Yan, once Asia’s richest man, pleaded guilty to eight charges after the spectacular rise and fall of his property empire.