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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RIB recruits top Sotheby’s agent in ‘significant’ prime resi push
Longstanding independent firm ramps up resi division with recruitment of high-profile broker & star of Britain’s Most Expensive Houses as head of sales.
‘Disruptive’ country property agency hits £220mn in sales
Andrew Russell & Ben Bentley's independent firm, The Country House Department, is on course for a 'record' year following a number of big-ticket deals.
In Pictures: Inside eight ‘completely hidden’ new homes on Mayfair’s only private gated street
CBRE and Beauchamp Estates are about to launch sales at Three Kings Mayfair, for JV developers 1.61 London, Urbanwise and Valpre.
By PrimeResi
Trophy Mayfair block seeks £40mn
Boutique development on Mount Street houses four luxury apartments designed by Rigby & Rigby, plus some retail and office space.
What’s top of the wish list for super-prime tenants & buyers in 2023?
High-end specialists from Savills summarise the key drivers shaping the PCL lettings & sales markets this year.
London property consultancy recruits director of private clients
Hamish Bruce has joined Inhous following stints at Marsh & Parsons and Black Brick.
Buyer sought for ‘exceptional’ Chelsea development site
Freehold swathe on sought-after Tite Street has scope for a significant prime resi scheme.
‘Extraordinary’ Thames-side mansion, once home to the Fortnum family, offered for £5.5mn
Walnut Tree House in Hampton Wick comes with a boathouse and private mooring, and was once home to the owner of Fortnum & Mason.
By PrimeResi
LATEST ARTICLES
Answering the sustainability question: How & why developers should integrate ESG from the outset
While eco-solutions require significant investment in terms of both strategy and execution, the long-term gains are already evident, explains Strutt & Parker's Josh Ayres.
By Josh Ayres
Resi dominates as total global value of real estate hits $380 trillion
Real estate continues to be the largest concentration of wealth in the world, reveals Savills, worth almost four times the value of global GDP.
Currency Matters: Interest rates are old news – what now?
PCL has once again gone ‘on sale’ due to a near-term tumble for GBP, reports David Huggett.
Ranked: The property features that drive the most enquiries from buyers & renters
Fixer-uppers are in high demand, says Rightmove.
By PrimeResi
Prime London Property Market Snapshot: Week 38, 2023
The latest weekly data from LonRes shows a continuing spike in asking price reductions across both sales and rental markets.
By PrimeResi