What to read next
London was the only prime world city to see rents fall in 2012
Knight Frank's Prime Global Rental Index rose by 1.6% in the final quarter of 2012, taking the annual increase to 5.1% and putting the index 20% above its post-financial crisis low in Q2 2009.
Uh Oh We’re In Bubble: London is the most over-valued city in the world – UBS
Property prices in London and other global financial centres "are now, in many cases, fundamentally unjustified," says UBS. "The risk of a real estate bubble in these cities has risen sharply."
London is the world’s most expensive city to live/work – Savills
London trumps Hong Kong and New York for the dubious honour of being the most expensive world city to live and work in, with a price per head for renting residential space plus working space coming in…
Most read
Savills adds senior names in Notting Hill & Islington
Marsh & Parsons and Knight Frank alumni join the agency's prime London network.
In Pictures: Inside Oliver Burns Studio’s £21.25mn show apartment at The Bryanston
3,872 sq ft turnkey residence is the latest designer collaboration at Almacantar’s 54-unit super-prime scheme overlooking Hyde Park.
Grosvenor warns historic London homes could lose their appeal without planning reform
Great estate pushes for shake-up to help Mayfair & Belgravia properties cope with rising temperatures.
In Pictures: $157mn trophy estate emerges from ‘one of the most iconic renovations in Palm Beach history’
This newly-completed 27,000 sq ft waterfront compound comes with 15 bedrooms, a sunken clay tennis court, private theatre and boat lift.
‘Cost pressures are real but so is the opportunity’: The new economics of prime resi construction
Skills shortages, regulatory delays and the net-zero push are piling pressure on projects - but a repriced PCL market could work in developers’ favour, argues Ben Godfrey.
Nest Seekers picks London for global luxury property summit
Berkeley Group signs up as headline sponsor as luxury brokerage prepares to convene agents from across its 2,500-strong network.
‘Taylor Swift Tax’ faces legal challenge from luxury homeowners
Rhode Island’s new levy on high-value second homes has been in force for less than two months - and already has a fight on its hands.
‘The best projects have a soul before they have a spreadsheet’: In conversation with YOO Group founder John Hitchcox
The property entrepreneur who helped pioneer loft living and branded residences talks London’s overlooked hotspots, buyer trends, the next big shift in the sector - and the best investment he ever made.
Top-end London renters go shopping in the sales market
Agency reports 34% uplift in lets across the prime postcodes over the last year - and a ‘strategic shift’ in the £5,000-per-week-plus sector.
Land Reg adds extra data to transaction records
UPRNs will be added to HM Land Registry's Price Paid Data from this week.
LATEST ARTICLES
Knight Frank appoints new Group CFO
'Knight Frank is primed for growth and I am looking forward to helping deliver this,' says Chris Davis.
Warwick revives 1880s Notting Hill terrace as luxury resi scheme
Four top-spec residences will be released to the market throughout the autumn.
‘Ever increasing taxes cannot continue’: Charles Curran on fear, flight & the changing PCL market
The Maskells boss weighs up the impact of tax uncertainty on prime London – and spots an opportunity amid the gloom.
Shadow Housing Secretary quits to pursue London Mayor bid; Katie Lam steps up
James Cleverly has set out a housing-led pitch for the capital.
Changing of the guard at Knight Frank’s National Country Department
‘Stan’ Matthews steps up to lead £400mn-a-year operation after 23 years with the agency.