The world’s billionaire headcount fell 5% in 2022
Knight Frank expects the global UHNW population to expand by 28.5% over the next five years, while the HNWI population is set for 57% growth - meaning there will be more than 100 million dollar millionaires by 2027.
The world’s billionaires have seen a ‘significant decrease’ in wealth & numbers
UK billionaires' combined net worth fell by 17% in 2018, reports Wealth-X
By PrimeResi
London has over 6,000 UHNW second home owners
New York leads the world in terms of overall UHNW presence, but the UK capital has a far higher proportion of mega-wealthy 'second homers'...
By PrimeResi
‘Modest growth’ predicted for the world’s HNWI population in 2020
The global millionaire count is likely to rise again in 2020, predicts Wealth-X, but at less dramatic pace than in 2019.
By PrimeResi
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Trophy Lancaster Gate apartment block offered for sale
Agents instructed on rare unbroken freehold building just off Hyde Park, with investors and developers expected to target.
Watch: Beauchamp boss reveals how billionaires really buy homes in Prime Central London
Veteran super-prime agent Gary Hersham discusses the psychology of trophy-home purchasing, shifting UHNW demand patterns - and why the very top end has effectively detached itself from the wider Prime…
In Pictures: Ashgrove Homes & Studio Indigo collaborate on Belgravia mews project
Luxury development and design teams complete 3,000 sq ft residence on one of PCL's sought-after cobbled backstreets.
Art Deco-inspired ultra-prime mansion changes hands in Knightsbridge
Luxury developer sells pair of trophy homes - including the former residence of ballerina Margot Fonteyn - in fresh boost for PCL market.
Licence to Sell: Firethorn brings former Westminster ‘spy school’ to market
Agents instructed on 'landmark' London office block with MI5 links and consent for a significant resi reinvention.
Super-prime Barnes gem changes hands in landmark off-market deal
Sale of Grade II listed house ranks among SW13's biggest in recent years.
In Pictures: Met-linked Palladian masterpiece hits the market at £12mn
Oxfordshire’s Grade I listed Kirtlington Park sits in the very top echelon of England’s country houses, says Savills, as it lands another trophy instruction.
Rare fully-consented PCL development opp seeks buyer
The oven-ready boutique scheme in Bayswater could have a GDV of £9mn.
By PrimeResi
Former Schroders base in Mayfair cleared for prime resi conversion
'Remarkable' Upper Grosvenor Street building is set to deliver eight apartments alongside valet-led parking facility in Reeves Mews.
Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
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Off-market properties outnumbering online listings by 5:1 in PCL, says buying agency
Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.
Rupert Collingwood: The property ladder is freezing from the top down
If we want the market to function more efficiently again, we need to stop viewing the housing crisis purely through the lens of first-time buyers, says brokerage chief.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
Bidwells recruits London planning boss from Avison Young
Laura Jenkinson will lead the 186-year-old firm's planning team in the capital, focusing on major Zone 1 and 2 projects.
No spike for London rental prices amid major rulebook changes
'Landlords aren’t using the legislation as an excuse to increase rents,' says letting agency boss, as most London boroughs record slowing price growth since the Renters' Rights Act became law.
By PrimeResi