Super-prime sales slide in key HNW hubs as politics, taxes & tight supply bite
Survey of 12 global markets shows a 21% Q3 drop in $10mn-plus deals - led by sharper falls in New York and London - but the overall 12-month tally is still the strongest since 2021.
Global super-prime sales slowing but still above pre-pandemic levels
Dubai's US$10mn-plus market continues to lead the pack, but London and New York are still seeing healthy volumes, reports Knight Frank.
Dubai’s super-prime market smashes US$2bn in Q3 sales, up 54% year-on-year
Surging demand at the very top end keeps the emirate on track for another record-breaking year, reports Knight Frank.
Dubai soars as global super-prime market ‘hits a new gear’
Knight Frank reports overall rise in $10mn property deals around the world, but ‘adverse taxation shifts’ take their toll in London.
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Fund snaps up Foster + Partners scheme in major Mayfair swoop
The £1.1bn investment play includes a key development site between Barlow Place and Grafton Street, along with a high-profile Grosvenor Square hotel.
New leadership for the Savills Private Office
Rory McMullen joins Alex Christian as co-head of the property consultancy's specialist global HNW team.
Jennings steps up to lead Chestertons’ resi business
Adam Jennings has been promoted to Head of Residential, in charge of the London estate agency's sales & lettings teams.
Forbes Gilbert-Green lands Property Vision veteran Connell
Seasoned London buying agent joins boutique property advisory firm after two decades at PV.
In Pictures: Canal-side mansion in Little Venice seeks £16.5mn
Grade II listed stonker on Blomfield Road is the complete package, say agents.
Success storeys: Top four development sales launches of last year revealed
Difficult market conditions haven't held these 'landmark' central London schemes back.
St James’s Square trophy emerges from five-year ultra-luxe overhaul
Developer Henigman says freehold Lutyens mansion offers 'rare, generational opportunity to own one of the world’s finest residences'.
Anatomy of a market: Prime Central London explained in 10 charts
A data-led look at activity and pricing across the capital's £3mn-plus sector.
Prime property listening: five industry podcasts worth tuning into
Catch up on conversations with resi insiders in PrimeResi's regular round-up, featuring episodes from Knight Frank, Russell Simpson, Strutt & Parker & more...
The main risk for the housing market now is political – Knight Frank
Lower mortgage rates should underpin demand, but this week's by-election outcome may shape sentiment, explains the agency's head of UK resi research Tom Bill.
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In Pictures: ‘World-renowned’ Scottish estate seeks £67mn
Tulchan is one of the great Highland estates. 'The opportunity it offers is unmatched in Scotland today,' says Savills.
Fall-throughs cost England’s estate agents £392mn in lost commission – Rightmove
Property portal highlights the economic impact of fall throughs, and reiterates calls for a more digitised system of buying & selling.
British property mogul reportedly sells $55mn NYC townhouse
One Hyde Park co-creator is said to have sold the property after acquiring a Midtown penthouse.
Carter Jonas installs new sustainability head
Lucy George has been tasked with 'embedding' sustainability across the property consultancy's operations & services.