‘There is a relatively high risk that the UK will experience a recession in the next few years’
Britain's recession-risk has reached a ten-year high, warns The Resolution Foundation; levels last seen in 2007, just before the global financial crash...
London’s property market moves ‘out of bubble risk territory’ for the first time in four years
Residential properties in Eurozone cities including Munich, Paris and Frankfurt are looking very over-valued, according to the latest UBS Global Real Estate Bubble Index - although analysts warn investors…
By PrimeResi
World’s wealthiest take a financial hit, ending seven years of growth
The world's wealthiest individuals lost 3% of their combined net worth in 2018; Britain's HNW set lost 6%
By PrimeResi
The world’s millionaire population is set to grow by more than third in the next five years
Credit Suisse expects the global millionaire population to reach almost 63 million in 2024, while the number of UHNWIs will jump from 56,000 today to 234,000 in five years' time
By PrimeResi
Most read
Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Nobu plots first rural retreat with branded residences in Rutland
Luxury hospitality brand teams up with 185-acre English country estate for hotel, members club and residential concept.
By PrimeResi
Buying agency Black Brick boosts team with trio of hires
Former Prime Purchase director Alex Oliver is among three new additions to the firm’s London-based operation.
The London Broker signs high-profile ex-Sotheby’s director
Lee Koffman joins expanding platform after more than 30 years in prime London agency, becoming TLB’s first broker hire since Harding Green deal.
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
Knightsbridge townhouse with Royal connections & Versailles-inspired interiors seeks £8.25mn
Selling agents say this former sculptors' studio 'has the potential to be one of the finest residences in Knightsbridge.'
By PrimeResi
LATEST ARTICLES
Rightmove ramps up tech updates as revenue climbs further
Property portal just delivered its 'highest-ever number of monthly product releases' as it zeroes-in on AI.
By PrimeResi
£16mn townhouse sets new benchmark on Prince Albert Road
8,000 sq ft home overlooking Regent’s Park came with a 'spectacular' private leisure complex.
Knight Frank launches new investor advisory offering as buy-to-let landscape shifts
Agency hosts panel discussion to debut new team, with discussions focusing on landlord caution, regulatory pressure - and where investors are still finding opportunities.
In Pictures: Parisian hospitality brand to launch Miami Design District residences
Fouquet’s to debut branded residences in the US, in a 25-storey Chipperfield-designed tower.
By PrimeResi
California homeowner offers luxury estate in exchange for Anthropic shares
Niche pitch targets AI firm’s equity-rich employees.