Wanda wants US$5b from single buyer for five offshore assets as China reins in investments abroad
South China Morning Post: Analysts say the Chinese conglomerate may have difficulty finding someone to buy the assets, which include London’s One Nine Elms skyscraper
What to read next
Harrods launches in-store property service selling super-prime enclaves
Harrods Estates takes up residence on the second floor of the Knightsbridge department store to market luxury properties in Switzerland and Dubai; moves Fulham Road branch operations over to HQ
No Nine Elms sell-off is underway, says Wanda – but it is open to ‘business opportunities’
China's clampdown on overseas spending fuels speculation of major international asset disposals
Another massive data leak reveals offshore dealings of the rich & famous
The so-called "Pandora Papers" have exposed the money trails and property dealings of some of the world's wealthiest and most influential people, including a former British Prime Minister.
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Tycoon weighing UK exit looks to offload luxury PCL properties
£18mn-plus Knightsbridge flat goes up for sale, along with other homes in Mayfair, Kensington and Chelsea, as entrepreneur says ‘there’s just no point in being here’.
£33k-a-week Mayfair mansion leads run of blockbuster London rental deals
Mount Street and One Hyde Park mega-lets mark five-year highs as capital's luxury rental supply shrinks.
Industry Panel: How 15 prime resi leaders would redesign England’s property tax system
Exclusive PrimeResi survey finds most respondents favour shifting the tax burden away from transactions and towards property ownership - but opinion is split over abolishing SDLT altogether.
Broker lands stellar £18mn instruction in SW London
Grade I-listed Richmond observatory - now a super-prime residence - was originally built for George III to watch the transit of Venus.
The £100k Mistake: A top buying agent on what prime property buyers need to know about AI
The real value of a good advisor is in judgement & knowledge of things beyond data, says Property Vision's Rob Fanshawe.
£11.8bn development wave to reshape West Kensington’s market
New research makes the case for a West Ken renaissance, as a trio of major development projects look set to redraw the local map - and hike property values.
How super-prime apartments played a key role in London’s £1bn Peninsula
HSH’s accounts reveal just how important the luxury resi element became to the landmark Hyde Park Corner project.
New homes specialist returns to Savills
Resi development sales consultant rejoins after three years with other agencies.
Well-known London agency adds two more self-employed brokers
Olia Sequeira & Victoria Peters sign to the 68-year-old brand.
Treasury eyes £1.5mn mansion tax threshold as Budget rumours gather pace
UPDATED: Reports suggest Treasury is considering widening the HVCTS net, potentially hitting nearly 300,000 homes.
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