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...
What to read next
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.
Global super-prime market rebounds, with London back in the mix
Knight Frank tracked 636 US$10mn-plus resi deals worth US$11.4bn in Q1, with London climbing to fourth globally by deal volume as Dubai, Hong Kong and New York led the strongest quarter in a year.
Qatari buyers hone in on ‘undervalued’ PCL market
The number of London properties owned by Qatari individuals has jumped by 50% in the last three years, according to new analysis
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Major developer calls time on London as viability ‘fundamentally broken’
Economic rewards for taking development risk in the capital have 'evaporated,' says housebuilding giant boss.
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Guardian: Why are London mansions struggling to sell?
LonRes chief says there is some ‘unbelievably good value’ in the capital's prime neighbourhoods - but warns the market has yet to find its floor.
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International buyers drive bumper sales tally for Aldar across two waterfront launches.
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Martin Kemp Design takes up residence near Buckingham Palace
Luxury design practice moves into new Buckingham Place studio, with a run of prime resi projects underway and a growing furniture range.
Record transfer window kicks off super-prime rental bonanza
Savills handled more than 20 player and manager relocations over the summer, including a string of deals in Cheshire at more than £30k a month.
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