Relative Values: How many square metres of luxury real estate will $1mn buy in the world’s UHNW hubs?
Knight Frank illustrates how far US$1 million will stretch when it comes to prime residential property from Monaco and New York to Cape Town and Mumbai.
How many square metres of luxury property does US$1m buy around the world?
With US$1m you could afford 16 square metres in Monaco, 28 in London, or 173 in Sao Paulo...
By PrimeResi
Ranked: The world’s ultra-prime & super-prime property hotspots
London and New York continue to lead for ultra-prime home sales - above US$25mn - according to Knight Frank's just-published Wealth Report 2023.
By PrimeResi
Seven Trends: Global super-rich are ‘adapting to uncertainty yet bullish on real estate’
'The theme of 2023 is adaptability', concludes Luxury Portfolio International after polling a cross-section of the world's wealthiest home-buyers.
By PrimeResi
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Chestertons picks up well-known PCL lettings business
Estate agency takes over letting and management arm of boutique firm Henry & James as acquisition drive continues.
‘There is no lack of interest’: Peninsula London pauses sales after world’s wealthiest pick up 70% of residences
New five-star destination opposite Buckingham Palace has been described as 'the most significant addition to London's ultra-prime market in recent memory'.
Tom Bill: What does the higher bank rate mean for the UK housing market?
Lenders are tinkering with mortgage rates as a contradictory set of events unfold but higher rates are here to stay, says Knight Frank's head of resi research.
By Tom Bill
In Pictures: Former PM Johnson buys moated Oxfordshire Manor House
A source tells us that Boris Johnson has exchanged on Brightwell Manor for £3.8mn.
By PrimeResi
Foxtons takes cues from Netflix & Amazon in bid to ‘modernise estate agency’
Agency reveals how it is using AI to identify new leads in real time and get them 'to the right person at the right time'.
Ranked: The UK’s best places to live in 2023
Wadhurst in East Sussex has been crowned the overall winner in this year's influential Sunday Times rundown.
City Slicker: Inside a new Foster + Partners-designed penthouse in east London, asking £9.9mn
Principal Tower, a new 50-storey landmark on the edge of the Square Mile, is the only resi building in London designed inside-and-out by the world-famous architecture firm.
Luxury developer Mountwood unveils new boutique scheme in west London
Nearly half of the 24 units at Lexington House in West Ken have been picked up off-plan.
LATEST ARTICLES
‘Reassuringly uneventful’: Stability returns to the prime London market, for now
'Some will be reassured by the current period of uneventfulness and take it as an opportunity to act', suggests Knight Frank, but this rare window of calm is unlikely to last...
Peak Chic: British design firm reimagines the traditional ski chalet
IN PICTURES: OB Architecture unveils concepts for a striking new take on the classic alpine building.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
London is no longer ‘the clear leader’ amongst global financial centres, says City of London
London and New York rank joint-first as the world’s top financial centres, according to new analysis by the City of London Corporation.
By PrimeResi
Cadogan starts work on £46mn Sloane Street ‘transformation’
Cadogan and RBKC have brought in architects John McAslan + Partners and landscapers Andy Sturgeon to revamp the famous Chelsea thoroughfare.
By PrimeResi