Ranked: The biggest foreign buyer nationalities in Prime London so far this year
Overseas buyers have been behind 41% of Prime London transactions in 2020, spending an estimated £3.3bn, according to new analysis.
London was the biggest super-prime sales market in the world last year
Elite buyers dropped nearly US$4bn on $10m-plus properties in the UK capital in 2020, putting it ahead of traditional rivals New York and Hong Kong in the luxury real estate stakes.
Post-lockdown activity surge continues in Prime London
New instructions have been running at double the levels of last year and more properties have been going under offer, but transaction volumes are taking a while to catch up...
Houses outperform flats as Prime London market stays strong
Houses in the £2m to £5m range have been significantly outperforming the rest of the market, reports LonRes...
Most read
Interview: New UK Sotheby’s International Realty MD Alex Isidro on what’s next for the luxury brokerage
PrimeResi quizzes the high-profile real estate agency's recently-appointed boss about bumper sales figures, brand-building, and why this business is 'all about people, not property'.
‘Landmark’ townhouse sale concluded in Chelsea
'Discerning buyers are focusing on best-in-class assets', says agency, confirming sale of near-£28mn trophy home as part of £100mn deal run.
Government proposes the ‘biggest shakeup to the homebuying system in this country’s history’
Consultations have opened into significant & wide-ranging reforms that promise to 'rewire a chaotic system which has become a barrier to homeownership.'
By PrimeResi
Country house guru Sweeting joins high-end valuation firm
Longstanding Knight Frank figure has taken up a consultant role at James Wyatt's Parthenia.
Seven key themes in the global branded residences sector
From standalone towers to wellness-led living, these are the big trends shaping luxury branded residences worldwide.
Influential committee calls for ‘major reform of the whole property tax system’
'The case for major reform of the whole property tax system – from Stamp Duty Land Tax to Inheritance Tax to Council Tax and VAT – is almost unarguable,' says Sir Vince Cable.
By PrimeResi
Unseasonably slow September for London’s top-end property markets
Fresh analysis reveals the impact of pre-Budget jitters on the capital's high-value sales and lettings sectors.
London brokerage recruits former Savills agent to lead ‘quality-driven expansion’
Sean Tully has joined Sean Barrett's The Agency Group as Director of Growth & Recruitment.
By PrimeResi
Luxury developer Amara Property adds Sales & Acquisitions Director
Warren Leader has joined Rutu Buddhdev's team.
By PrimeResi
Qatari Diar tops £1.5bn sales mark at Chelsea Barracks
Momentum continues at the ultra-luxury Belgravia scheme despite wider market headwinds.
LATEST ARTICLES
‘Westminster’s fastest-selling luxury residential development’ reaches completion
With 70% of apartments sold before completion, Native Land heralds 'not only a design triumph but a commercial success' at 100 George Street.
By PrimeResi
Mark Wells: Are luxury estate agents safe in an AI world?
'Agentive' artificial intelligence is poised to reshape the market as we know it - so what can the property sector learn from the music industry, which faced a similar moment in 2008?
By Mark Wells
Five-star Belgravia project sets London price records
The Peninsula London has reportedly proved popular with billionaire buyers from the United States.
My Property Career: Quickfire Q&A with Camilla Dell
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Property market remains ‘muted’ as buying activity weakens
Demand, supply, prices & buying activity all declined further in September, reports the RICS.
By PrimeResi