The Final Countdown: Prime markets stall as buyers and vendors hunker down
Prime global rents lose momentum as emerging markets stall
Prime rents around the world are rising, on average, by 1.3% a year according to Knight Frank's latest spot check. That's significantly down from the rate of 3.5% recorded a year ago.
By Prime Resi
Top end buyers remain cautious in ‘fully taxed’ prime central London
Prime properties in London saw their values tick upwards by an average of 1.6% over the last three months, but they're still 0.7% below where they were at this point in 2014.
By Prime Resi
Twice as many new vendors as successful buyers
Vendors cut asking prices by 1.7% in the last month as new sellers outnumbered successful buyers by two to one, according to Rightmove's July Property Index.
By Prime Resi
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Top-performing PCL agents generated ‘as much as £5mn’ in fees last year, claims luxury brokerage
High-profile firm reports £1.63bn in sales and lifts lid on individual broker earnings following major recruitment drive.
Top brokers assess the Iran conflict’s effect on global prime property markets
Luxury property agents in London & Dubai report early shifts in buyer activity as geopolitical tensions escalate.
By PrimeResi
Knight Frank names three new Proprietary Partners
Knightsbridge lettings head Arya Salari, capital markets specialist Eddie Thomas and lease advisory lead James Thistle step up.
Knight Frank appoints new UK marketing head
Former Crown Estate and Disney exec takes role spanning agency’s resi and commercial divisions.
£10mn Notting Hill project offers chance to create ‘one of the area’s great homes’
Rare unmod Ladbroke Grove townhouse with communal garden access and basement planning comes to market.
Westminster to grant blanket retrofit consent for Eaton Square
Borough's first Listed Building Consent Order promises to allow 'retrofit at scale' on London's largest residential square.
By PrimeResi
FT: ‘We’re past the $200mn threshold’ – the rise of super-super prime property
'How much is mere showboating listing,' asks FT journalist Mark Ellwood - 'and how much higher can prices for single private properties actually be pushed?'
By PrimeResi
Ten Years On: Assessing the ‘profound effect’ of the second home stamp duty surcharge
'Almost overnight, the market tilted away from investors,' says Hamptons, 'meaning far fewer homes have been added to the rented sector' in the last decade.
By PrimeResi
Buyer secures Dubai’s third most expensive apartment
The big-ticket off-plan deal comes amid escalating regional tensions.
By PrimeResi
Savills buys major real estate investment bank Eastdil
The deal is one of the biggest in Savills' history.
By PrimeResi
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