Main image: "Bag of Aspirations" by Kalliopi Lemos, on display in the Yorkshire Sculpture Park, near Wakefield, UK.
'The Great Luxury Correction': Handbags hold their own as other luxury investments slip
Knight Frank’s Luxury Index fell 3.3% in 2024 despite soaring financial markets.
What to read next
‘No realistic challenge’ to American wealth dominance as global HNW headcount rises 4.4%
The rich continue to get richer - but the UK is now home to just 2.4% of the world's high net worth individuals, according to Knight Frank's flagship annual research publication, The Wealth Report.
Liam Bailey: Eight key themes from The Wealth Report 2025
The Editor of Knight Frank's flagship research publication, Liam Bailey, summarises some of the big trends & ideas featured in this year's Wealth Report - from American domination and shifts in global…
‘Luxury assets may be about to turn a corner’ – Knight Frank
The global luxury investment market appears to be stabilising after a 'volatile decade' for art, wine, jewels and the like.
Most read
Savills consolidates flagship PCL teams
Big-brand agency is relocating its Knightsbridge operations to Sloane Street.
Full-floor shell penthouses atop Park Lane ‘Grande Dame’ building seek £50mn
Agents instructed on 19,000 sq ft with planning for four big laterals in Art Deco landmark overlooking Hyde Park.
Super-prime construction firm builds leadership team
Knowles makes trio of senior appointments amid ‘increasing demand’ for top-end services in London and further afield.
What do the wealthiest want? Four questions, 32 experts, ten key findings
'Something has shifted at the very top of the market,' declares LPF boss Priya Rawal after consulting a panel of luxury property insiders.
High-profile developer wins £1.9mn SDLT battle over Chelsea mega-mansion
Upper Tribunal dismisses HMRC appeal in long-running tax dispute.
Developer offers £42k private school sweetener to homebuyers
Two years of fees are on the table at a north London scheme as firms look to tempt purchasers with increasingly inventive incentives.
‘A once-in-a-lifetime opportunity’: Historic Cotswolds estate hits the open market
Grade II* mansion in 230 acres, used as a school for more than a century, has the potential to be reborn as a spectacular private residence.
Rare receivership sale completed on Eaton Square
Lateral Belgravia penthouse sells above guide after drawing ‘very high’ viewing numbers.
‘2026 likely to prove one of the lowest years for London transaction volumes on record,’ warns Foxtons boss
Major estate agency's profits hit hard by 'materially lower' sales volumes and 'short-term volatility' in the lettings market.
Knightsbridge Gate nears sell-out after £30mn double deal
Middle Eastern buyer picks up two neighbouring apartments at the luxury PCL scheme, leaving just one residence available.
LATEST ARTICLES
Savills completes $1.1bn real estate investment bank acquisition
The big deal 'accelerates Savills strategy to scale in North America while strengthening its leadership position in both EMEA and Asia Pacific.'
King’s bank flags ‘materially improved’ PCL property market as prices, activity & confidence rise
Deal volumes jumped 48% from Q1 to Q2, as Coutts points to 'some of the most attractive opportunities seen in the Prime London market for more than a decade.'
Knight Frank’s Tom Bill on Burnham’s first fortnight
Agency's resi research boss looks at the early effects of Andy Burnham’s appointment as PM on the UK property market.
Hamptons & John D Wood owner cites ‘very challenging’ market as H1 profits tumble 92%
The UK's biggest estate agency group said lettings and surveying again helped offset the slowdown in sales activity.
Savills recruits West Suffolk specialist
Former Jackson-Stops agent has joined the Savills Ipswich team as associate director.