London’s super-prime sales pipeline surges as wealthy buyers return from the USA & Middle East
A busy summer of high-end dealmaking points to a strong sales season through to November at least.
Super-prime buyers return to London’s golden postcodes in ‘stellar’ year
PCL heartlands including Chelsea, Belgravia, Kensington, Mayfair & Knightsbridge have accounted for half of all high-end sales in 2022 so far.
Wealthy overseas buyers prepare to swoop on UK’s super-prime market
‘Be ready now to beat the rush when the flights resume’, Knight Frank tells vendors...
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.
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Ex-Sainsbury’s boss joins Dexters as Chairman
Justin King CBE has been appointed Chair of London estate agency Dexters, replacing founder Jeff Doble, with a remit to 'accelerate growth from its existing London-wide network of over 70 offices.'
Banda unveils ‘7-star’ luxury development project on Australia’s Gold Coast
Edo Mapelli Mozzi's property design and development firm has formed a joint venture with Australia's Rory O’Brien to create the Masthead Ocean Club.
Spink-designed apartment on Kensington Palace Gardens lists at £29.5mn
'Should the TV series Succession move to London, this would make the perfect home for one of the family', say agents.
Prime London agency expands HQ after £250mn deal surge
Mark Pollack and Richard Bernstone's Aston Chase has capitalised on increased demand for the leafy urban villages of Central and North West London.
Russell Simpson adds to Chelsea team
Daisy Hill has joined venerable PCL estate agency Russell Simpson's Chelsea Core team, which is now led by Charlie Duffell.
Knight Frank slashes housing market forecasts as buyers feel the squeeze
Agency now expects prices in the UK to fall by 5% next year and in 2024, wiping out the growth that took place during the second half of the pandemic.
Britain’s most expensive home could be for sale again
2-8a Rutland Gate sold just before the pandemic for over £200mn and secured planning consent for a huge remodelling programme by CC Land and Squire & Partners.
25,000 sq ft villa sets new Dubai price record
Vast mansion on Palm Jumeirah’s 'Billionaires’ Row' has been designed by SOATA and CK Architecture, and is due to complete early next year.
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International luxury property agents ‘remain optimistic as markets stabilise’
Broker network Luxury Portfolio International polled just over 200 of its members about the state of super-prime property markets around the world.
Britain’s most expensive home could be for sale again
2-8a Rutland Gate sold just before the pandemic for over £200mn and secured planning consent for a huge remodelling programme by CC Land and Squire & Partners.