UK is ‘worst in the world for millionaire exits’, warn economists
The Adam Smith Institute believes the share of the UK population who are US dollar millionaires will fall by a fifth over the next four years, thanks to 'a hostile culture for wealth creators'.
October’s Budget ‘is going to be painful’, warns Starmer
'Those with the broadest shoulders should bear the heaviest burden,' said the Prime Minister.
America’s wealth dominance ‘hangs in the balance’ as global super-rich population booms
It's a "super-rich explosion", declares Henley & Partners, as the number of individuals with more than US$100mn to their name soars - but "the geography of extreme affluence is shifting".
Savills upgrades UK house price forecasts, anticipating 2.5% growth this year
Lucian Cook's team now expects property values to rise in every region in 2024, with locations furthest from London holding the greatest 'capacity for growth' over the next five years.
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Regent’s Park trophy mansion reportedly finds a buyer at £139mn
One of London's biggest ever luxury home sales.
Westminster approves Valouran retrofit scheme in West London
Luxury developer to bring The Whiteley site offices back into use as a mix of 'design-led' homes, a restaurant and a bar.
Grosvenor sells massive stake in Mayfair to Norwegian wealth fund
Norges Bank Investment Management has taken a 25% stake in a £1.2bn property portfolio around Grosvenor Street and Mount Street.
Interview: Ultra-prime property investor & developer George Brooksbank on trophy homes, HNW trends & why London remains the capital of the world
'Developing homes is our business, and we are very good at it': PrimeResi meets the boss of Fairway Capital & Leconfield to discuss crafting timeless residences, the new generation of luxury buyers & the…
£45k per week: Inside London’s biggest rental deal of the past year
UHNWIs have been splashing the cash on ultra-luxe short lets, including this 8,000 sq ft contemporary mansion in Notting Hill.
Prime Central London prices down by over 20% since 2014
Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.
Knight Frank completes digital client portal rollout
Agency adds suite of online tenant & landlord functions as part of latest CX upgrade.
UK to ‘soften’ non-dom tax reforms after HNWIs take flight
Government confirms 'tweak' to the Finance Bill, but insiders warn it could be 'too little too late'.
Senior quartet leave Connells Group
Four long-standing leaders have left the estate agency group, which owns brands including Hamptons and John D Wood.
Mandarin Oriental plans another 200 branded residences in the Caribbean
Luxury hospitality group's third property in the region will form part of a $2bn mega-project by the UK's Reuben Brothers & Three Rules Capital.
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Big-ticket deals drive prime London property market rally
The number of £5mn+ sales in the capital jumped up by a quarter at the end of 2024, while the combined value of those deals surged by 50%.
The changing landscape of London’s property market: A strategic outlook from a buying agent’s perspective
Hannah Aykroyd explains how economic trends, political shifts & evolving buyer behaviours are transforming the prime market as we know it.
Foxtons reports ‘significant’ jump in market share, revenue & profits
Estate agency saw double-digit growth last year, as the sales pipeline picks up and CEO Guy Gittins continues to deliver a 'turnaround strategy'.
Mayfair townhouse with links to French royalty seeks nearly £15mn
Stucco-fronted pile on Charles Street played a key role in fostering Anglo-French relations during the Victorian era.
Asking rents fall for the first time since the pandemic
New Rightmove data show rising supply & easing demand - but the rental market remains 'very hot'.