• Global luxury property capitals see slow down

    The property market in ten of the world’s greatest business capitals has cooled down. Research by Savills property adviser shows that the combined effect of the eurozone crisis and the threat of a double-dip recession has dampened growth in many global cities—the Savills index, which measures the cost of housing an identical group of people …

  • Luxury property hubs: the top world cities

    The geography of luxury property has changed in the last twenty years. A handful of cities across the world have emerged as global capitals, attracting a large slice of international business. On the wake of this global business came high net worth and ultra high net worth investors who began collecting prime residential properties in …

  • UHNW to make more real estate investments in 2012

    Prime property is high on the investment agenda for ultra high net worth individuals. The latest study by Spectrem Group has found that the global wealthy are planning to be more active investors in 2012, although they still intend to maintain liquidity. More than 60 percent of people with investable assets of $5 million to …

  • Which future for China’s luxury real estate market?

    Real estate, luxury and otherwise, has been the engine of economic growth in China for the last few years. The local property market boomed, the construction industry thrived, China became the second largest economy in the world and Chinese UHNWIs fulled demand for prime properties both at home and abroad. Since last year, however, the …

Performance split in prime London areas

When it comes to buying in central London, there’s prime and prime. Last month, a study by Savills estate agents showed that there is a great disparity in capital appreciation between properties of different grade. Although the prime central London market as a whole grew by 87 percent between June 2005 and June 2011, “the …

Prime London buyers should research locations

Demand for prime London property remains strong, but foreign buyers need to make sure they know what they are buying. Buying agents Black Brick Property Solutions report “a growing tendency to market new developers as ‘prime’ when in reality they are situated in secondary locations.” For example, says the company, a number of properties situated …

Prime central London to keep growing

Prime central London property looks set to remain a safe haven for global wealth in years to come. According to international estate agent Savills, the premium market in the UK capital was surprisingly active in 2011, partly because of the global turmoil. In 2010, explains the company’s Director of Residential Research, Yolanda Barnes, “£1.7 billion …

Prestigious apartment for sale in Manresa Road, London SW3

It’s the perfect London bolthole. Laid across three levels, this triplex apartment at 21, Manresa Road, just off the King’s Road, is the epitome of understated luxury. Project architect Alex Jaggs of Finchatton, the company that has developed the property on behalf of the current owner, says his contemporary classic style draws inspiration from American …