The Covid-19 outbreak is being called a “Black Swan” event – something rare and unexpected that has severe consequences for investors. Here’s an infographic that puts the current crisis in context with other Black Swans…
Three UK areas saw homes sell on average for more than 20% above their listing prices in 2019, while three other locations saw average sold prices come in more 25% below average asking prices.
Prime residential property prices in Paris rose by 6.4% in 2019, says Savills, up from 4.5% in the previous year to out-perform most other prime global cities.
Oslo, Zurich and Helsinki offer their residents the highest quality of life of any major world cities, says Knight Frank, as European hubs come up trumps.
Knight Frank’s Luxury Investment Index sank in value by 1% in 2019 – but some collectibles did manage to bag decent growth…
Monaco and Hong Kong are the most expensive residential markets per square metre, followed by London and New York.
The rate of residential property price growth across 100 prime global cities picked up a bit in 2019, reports Knight Frank, with Frankfurt leading the pack. But what about the year ahead?
There are now more than 500,000 Ultra-High Net Worth individuals on the planet, says Knight Frank as it charts shifting patterns in the world’s super-rich landscape for its flagship annual research offering, The Wealth Report.
New York is once again the most important world city for UHNWIs, says Knight Frank after assessing the wealth, investment and lifestyle credentials of 100 urban hubs.
You can get a lot more property for your money outside of the capital; 953 extra square feet, on average, say LonRes & Hamptons as they analyse the latest trends in “London leavers”.
Average property prices across UK cities have increased by 3.9% in the last year, says Zoopla, but the portal “does not expect a material acceleration in the rate of growth in the foreseeable future.”
Around 5,000 new homes have been built in VNEB (Vauxhall Nine Elms Battersea) over the last five years, and another 7,000 are due to be delivered in the next five… With the Northern Line Extension opening, landmark buildings completing and major employers moving in next year, JLL has taken an in-depth look at the property market in central London’s newest neighbourhood…