World’s wealthiest take a financial hit, ending seven years of growth
The world's wealthiest individuals lost 3% of their combined net worth in 2018; Britain's HNW set lost 6%
Global UHNW wealth falls for the first time in three years
There's been "muted" growth in the number of Ultra-High Net Worth Individuals over the last year, reports Wealth-X - but London has seen a bigger rise than any other top ten UHNW city
By PrimeResi
The world’s millionaire population is set to grow by more than third in the next five years
Credit Suisse expects the global millionaire population to reach almost 63 million in 2024, while the number of UHNWIs will jump from 56,000 today to 234,000 in five years' time
By PrimeResi
The world’s billionaires have seen a ‘significant decrease’ in wealth & numbers
UK billionaires' combined net worth fell by 17% in 2018, reports Wealth-X
By PrimeResi
Most read
Savills names new Mayfair sales head
Nick Verdi takes the reins of agency’s high-profile operation based on North Audley Street.
OB Private scales up with senior hires & new brokerage arm
Six new recruits arrive - including an established team from Chestertons - as PCL agency rolls out broker platform alongside employed structure.
Ex-Savills director joins Moveli
Upper-market brokerage continues to scale its national agent network.
Savills appoints new lettings heads in Surrey
Agency strengthens Cobham and Guildford teams as regulation reshapes the rental landscape.
House Collective adds Hamptons veteran as London expansion gathers pace
Alister Shaw and Paul Davis bolster boutique firm’s West and North London teams.
London’s prime rental market has slumped, but there’s a super-prime bright spot
Survey of the capital's luxury lettings scene reveals key trends, big deals & an out-performing neighbourhood...
By PrimeResi
Grant J Bates Property installs new lettings boss
Ex-Hamptons associate director to spearhead prime lettings push at fast-growing luxury brokerage.
‘A celebration of craft, materiality & artistic expression’: Inside The Whiteley’s latest design collaboration
With more than three-quarters of apartments now sold, the Bayswater landmark unveils another 'Designer Collection' apartment, created by Irish interiors maven Maoliosa Murray.
By PrimeResi
Talking Heads: How a cyber-attack put the PCL property sector in limbo
PrimeResi hears from some of the capital's top property brokers, lawyers & developers, about how November's IT hack exposed a fragile planning system, put transactions on ice, and continues to cause 'havoc'…
By PrimeResi
Cohort agrees £20mn loan against £56mn Mayfair home
Big-ticket refinancing was agreed in only three weeks.
By PrimeResi
LATEST ARTICLES
Talking Heads: How a cyber-attack put the PCL property sector in limbo
PrimeResi hears from some of the capital's top property brokers, lawyers & developers, about how November's IT hack exposed a fragile planning system, put transactions on ice, and continues to cause 'havoc'…
By PrimeResi
Heaton returns to LCP Private Office as Executive Chair
PCL big-hitter 'steps aside' from hospitality venture The Other House; takes up exec role at the buying agency she founded in 1990.
Battersea Power Station appoints new architects to ‘evolve’ Viñoly’s masterplan
Studio Egret West is designing the second half of the ambitious London regen project.
By PrimeResi
Grant J Bates Property installs new lettings boss
Ex-Hamptons associate director to spearhead prime lettings push at fast-growing luxury brokerage.
Knight Frank France strengthens Paris foothold with in-house resi offering
Former Junot director Alison Ashby has been appointed to lead the agency's new team based in the City of Light.