Wealthy overseas buyers prepare to swoop on UK’s super-prime market
‘Be ready now to beat the rush when the flights resume’, Knight Frank tells vendors...
London was the biggest super-prime sales market in the world last year
Elite buyers dropped nearly US$4bn on $10m-plus properties in the UK capital in 2020, putting it ahead of traditional rivals New York and Hong Kong in the luxury real estate stakes.
Middle Eastern buyers pile into the UK’s prime country house market
Knight Frank has noticed a tripling in the relative number of Middle Eastern buyers spending over £5m on English country houses...
By PrimeResi
Hong Kong’s wealthy seek safe haven in London’s prime property market
HNW buyers from the troubled region have splashed over £25m with one PCL agency in recent weeks, snapping up apartments in Whitehall, Marylebone and Kings Cross...
By PrimeResi
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Top-performing PCL agents generated ‘as much as £5mn’ in fees last year, claims luxury brokerage
High-profile firm reports £1.63bn in sales and lifts lid on individual broker earnings following major recruitment drive.
Top brokers assess the Iran conflict’s effect on global prime property markets
Luxury property agents in London & Dubai report early shifts in buyer activity as geopolitical tensions escalate.
By PrimeResi
Knight Frank names three new Proprietary Partners
Knightsbridge lettings head Arya Salari, capital markets specialist Eddie Thomas and lease advisory lead James Thistle step up.
Knight Frank appoints new UK marketing head
Former Crown Estate and Disney exec takes role spanning agency’s resi and commercial divisions.
£10mn Notting Hill project offers chance to create ‘one of the area’s great homes’
Rare unmod Ladbroke Grove townhouse with communal garden access and basement planning comes to market.
Westminster to grant blanket retrofit consent for Eaton Square
Borough's first Listed Building Consent Order promises to allow 'retrofit at scale' on London's largest residential square.
By PrimeResi
FT: ‘We’re past the $200mn threshold’ – the rise of super-super prime property
'How much is mere showboating listing,' asks FT journalist Mark Ellwood - 'and how much higher can prices for single private properties actually be pushed?'
By PrimeResi
Ten Years On: Assessing the ‘profound effect’ of the second home stamp duty surcharge
'Almost overnight, the market tilted away from investors,' says Hamptons, 'meaning far fewer homes have been added to the rented sector' in the last decade.
By PrimeResi
Buyer secures Dubai’s third most expensive apartment
The big-ticket off-plan deal comes amid escalating regional tensions.
By PrimeResi
Savills buys major real estate investment bank Eastdil
The deal is one of the biggest in Savills' history.
By PrimeResi
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