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...
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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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Knight Frank appoints new Group CFO
'Knight Frank is primed for growth and I am looking forward to helping deliver this,' says Chris Davis.
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Non-dom exodus could be costing Treasury £4bn a year, claims top wealth lawyer
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High-profile royal mansion heading for the private rental market?
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