Prime resi markets helped Savills perform ‘ahead of expectations’ in 2022
The prime residential sector 'undoubtedly continued stronger for longer than we originally anticipated and helped mitigate the effect of volume declines in commercial transaction activity' through 2022, says Savills.
Savills’ profits run ‘very significantly ahead’ of expectations as UK prime resi proves ‘exceptionally strong’
"The UK prime residential market continued to perform exceptionally strongly through the last quarter," says Savills, "and volumes in the Prime Central London market clearly began to improve.
Savills adds two branded residence specialists to its global resi development team
Savills has restructured its global residential development consultancy department, adding two new senior faces to focus on branded residential projects.
‘Buoyant’ property market pushed Winkworth’s 2022 profit above forecasts
'It will be hard to match the strength of the conditions witnessed in 2022,' says estate agency boss, Dominic Agace, but Winkworth is 'less downbeat than the consensus on the outlook for prices' in 2023.
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Knight Frank cuts house price forecast; PCL set for -4% drop this year
'A combination of high supply & faltering confidence means we now expect slower UK house price growth this year & in 2026,' says research chief Tom Bill - with prime markets set for sharp declines.
London property ‘no longer a safe bet’, warns top wealth manager
'The London property boom is well and truly over,' declares Rathbones
Super-prime Notting Hill development opp seeks £12mn
Buyer sought for standout freehold property with "one of the most ambitious planning consents in the area".
‘A market in transition’: Inside London’s evolving luxury resi development scene
New report reveals how policy, branding & global demand are reshaping the next phase of the capital’s ultra-prime development cycle.
Super-prime St John’s Wood mansion finds a buyer
Trophy home on Hamilton Terrace sold 'within a few months' of being listed at £20mn.
Indie estate agency Wilfords branches out in SW London
Boutique firm adds to its growing network with a new base close to Clapham Common.
‘A fundamental reshaping of the global wealth landscape’: Europe re-emerges as a prime destination for the super-rich
'What we’re witnessing is more than just a demographic shift,' says Knight Frank, as the firm reveals who is buying what, where, and why...
International luxury brokerage launches, promising ‘a new era of property marketing’
Led by former Nest Seekers boss Daniel McPeake, London-based Aperture Global UK wants to 'set a bold new standard for how prime properties are represented.'
£10mn price cut for trophy Knightsbridge penthouse
Ultra-prime residence at The Knightsbridge has been relaunched at £70mn.
Behind the Schemes: Crafting a family-friendly pied-à-terre at Chelsea Barracks
Rebecca Hughes Interiors lifts the lid on a recent project for a returning client at the super-prime scheme in SW1.
LATEST ARTICLES
London buying agency to host top UK school headteachers at NYC event
"The link between elite schools and property decisions is clearer than ever," says Eccord boss Jo Eccles, as figures show the number of US pupils at UK schools has jumped by over a quarter since 2020.
London rental supply stays ‘strong’ as demand slips
Foxtons registered 13% fewer would-be tenants in August this year than last.
Middleton Advisors adds to buying team
Prime property firm brings in new recruit to boost its coverage across Central and North London.
Prime London rental growth hits 4.3%
Annual rate accelerates despite recovering stock levels, reports LonRes.
Under-offer numbers climb after Prime London’s slow summer
Latest LonRes analysis shows transaction volumes were low last month, even by August’s standards, but other metrics give some cause for optimism.