Super-prime sales tipped to climb further after ‘pivotal year’ for global markets
Knight Frank counted 1,782 sales above $10mn in key super-prime property markets through 2023, worth a combined $31.9bn. That's more than in 2022 and well above pre-pandemic levels, but is 22% below the 2021 boom.
Dubai leads global super-prime sales bounce, as £10mn+ deals falter in London
International super-prime property market activity 'slowed noticeably' last year, says Knight Frank - but things perked up again at the start of 2023
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.
Prime global rents climb to record highs, but the pace of growth is easing
Singapore and London have seen the biggest prime rental price increases over the last year, according to Knight Frank's latest city index.