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News related to luxury property

Global prime residential recovery moving out of cities to popular holiday destinations
2014-04-09 11:46:55 [Global News]
While cities may have been the growth story for prime residential property in the last five years, it is likely to be the city getaway locations that show the best growth in the next five.Read full article: [Global prime residential recovery moving out of cities to popular holiday destinations]
 
Average billionaire now owns four properties worldwide, survey finds
2014-04-02 08:26:51 [Global News]
The average billionaire owns four homes, with each one worth £12.5 million, with most having one in a leading city and also a dream weekend of holiday home, new research shows.Read full article: [Average billionaire now owns four properties worldwide, survey finds]
 
Sub orbital space travel set to change global property markets, it is claimed
2014-03-11 11:20:10 [Global News]
Space, the final frontier as it is known, could soon be playing a part in the property market with a new report suggesting that the launch of sub orbital travel presents the opportunity to radically shift global property markets.
Read full article: [Sub orbital space travel set to change global property markets, it is claimed]
 
Prime property in London expected to outperform gold and stocks and shares
2014-02-17 16:05:06 [Europe]
Prime residential property in London will outperform other major asset types in terms of growth this year, according to the latest index from agents Chesterton Humberts.Read full article: [Prime property in London expected to outperform gold and stocks and shares]
 
Sales of luxury homes in key international property hotspots soar
2014-02-05 10:59:44 [Global News]
Luxury homes sales volumes in key international property hotspots surged in 2013, while median sales prices remained relatively constant, according to a new report by Christie’s International Real Estate and Strutt & Parker.Read full article: [Sales of luxury homes in key international property hotspots soar]
 
Mayfair set to become the most luxurious property area in London
2014-02-03 16:39:51 [Europe]
Mayfair is set to become even more popular with luxury home buyers and property investors in London with new research showing that there is over £5 billion pounds worth of new residential apartments and houses in the development pipeline.Read full article: [Mayfair set to become the most luxurious property area in London]
 
Sales volumes up in the Caribbean as wealthy buyers return
2014-01-24 12:06:59 [North America]
Last year was a watershed for several property markets in the Caribbean with prime real estate Barbados and the British Virgin Islands in particular seeing sales volumes increase, according to the latest analysis from Knight Frank.Read full article: [Sales volumes up in the Caribbean as wealthy buyers return]
 
The world’s wealthiest investors set to put even more into global real estate
2014-01-21 13:19:59 [Global News]
Private wealth is increasingly shaping the world’s real estate markets and the use of private equity in major property deals worth at least US$10 million has nearly trebled since 2009, a new report shows.
Read full article: [The world’s wealthiest investors set to put even more into global real estate]
 
Most expensive streets in England and Wales revealed
2013-12-30 16:27:01 [Europe]

The most expensive residential streets in England and Wales remain in the Royal Borough of Kensington and Chelsea, according to latest research from Lloyds Bank.

Read full article: [Most expensive streets in England and Wales revealed]
 
Draw of London’s prime property market could lessen in 2014, it is suggested
2013-12-03 13:23:23 [Europe]
The pull of property in central London for wealthy international buyers seeking a secure haven in which to invest their money could lessen in 2014, it is claimed.
Read full article: [Draw of London’s prime property market could lessen in 2014, it is suggested]
 
Vienna increasingly popular among wealthy second home buyers
2013-12-03 12:46:53 [Europe]
Vienna is rising up the preferred list of second home locations for buyers looking to combine culture with privacy and security, according to a new report.Read full article: [Vienna increasingly popular among wealthy second home buyers]
 
Prime residential pipeline in London set to see sales of over £50 billion in next decade
2013-11-26 14:10:29 [Europe]
London’s prime residential pipeline has doubled since 2011 and over 20,000 units could be delivered over the next 10 years with a combined sales value of over £50 billion, according to a new report.Read full article: [Prime residential pipeline in London set to see sales of over £50 billion in next decade]
 
Shanghai property prices set to keep rising, latest analysis suggests
2013-11-25 09:56:58 [Asia]
Luxury properties in sought after areas of Shanghai remain in demand despite the introduction of new taxes and other cooling measures, the latest report on the Chinese city’s residential market shows.
Read full article: [Shanghai property prices set to keep rising, latest analysis suggests]
 
Luxury property price growth slowing, apart from in China, latest quarterly data shows
2013-11-21 09:06:22 [Global News]
Prices of luxury property in cities across the world slowed in the third quarter of 2013, with growth of just 1.2% compared with 6.6% year on year growth.
Read full article: [Luxury property price growth slowing, apart from in China, latest quarterly data shows]
 
Luxury beachfront resort with yacht access launched on Barbados
2013-11-20 16:09:05 [North America]
 A new residential real estate resort described as the only luxury beachfront community in Barbados with current access to a yacht berth has been launched on the market.Read full article: [Luxury beachfront resort with yacht access launched on Barbados]
 
Limassol Marina development makes history and puts Cyprus on the yachting map
2013-10-24 14:51:50 [Europe]
The first of a series of luxury villas has been completed at the €350 million Limassol Marina project on Cyprus where property investment is picking up again after the Mediterranean island’s recent economic problems.Read full article: [Limassol Marina development makes history and puts Cyprus on the yachting map]
 
Cote d’Azure named as top place for the world’s wealthiest leisure home buyers
2013-10-10 12:05:48 [Global News]
The Côte d’Azur in the south of France has claimed the number one spot in a new list of the world’s most successful luxury residential property locations where wealthy buyers want to buy a place to spend their leisure time.Read full article: [Cote d’Azure named as top place for the world’s wealthiest leisure home buyers]
 
Balearic high end property prices on par with those in London
2013-10-10 09:09:39 [Europe]
London is known for its high property prices with wealthy international buyers pushing up values but now figures suggest that parts of Spain that are popular with rich overseas buyers are matching the UK’s capital city.
Read full article: [Balearic high end property prices on par with those in London]
 
UK’s most expensive residential property demolition project unveiled
2013-10-02 14:37:27 [Europe]
Mews houses are popular in London and known for their traditional architecture but now one is to be knocked down and rebuilt in what is being described as the UK’s most expensive demolition project.Read full article: [UK’s most expensive residential property demolition project unveiled]
 
Desires of rich property owners in the United States revealed in survey
2013-09-18 10:24:03 [North America]
Luxury home owners and buyers in the United States place a high value on real estate and the wealthy want to own multiple properties, according to a new survey.Read full article: [Desires of rich property owners in the United States revealed in survey]
 
Prime property prices in central London up 116% in last eight years
2013-09-11 10:27:04 [Europe]
Prime central London house prices have more than doubled in the past eight years, up by 116 and outpacing the Retail Price Index by 86%, new research shows.
Read full article: [Prime property prices in central London up 116% in last eight years]
 
UK mansion tax could be more widespread than supporters claim, analysis suggests
2013-09-04 13:00:10 [Europe]
If a mansion tax were to be introduced in the UK it would be levied overwhelmingly on London and the South East of England, with 86.4% of all £2 million plus properties located in those two regions, new research suggests.Read full article: [UK mansion tax could be more widespread than supporters claim, analysis suggests]
 
Prime locations in London see prices rise, as do wannabe prime areas
2013-08-19 16:52:49 [Europe]
Traditional prime property areas in London such as Kensington, Notting Hill and Holland Park have seen prices and transactions rising steadily over the last 12 months.Read full article: [Prime locations in London see prices rise, as do wannabe prime areas]
 
French style apartment put on the market in London for £6.5 million
2013-07-19 06:45:51 [Europe]
A London apartment renovated to look like the grand royal houses of pre-revolutionary France has gone on sale in London for £6.5 million.Read full article: [French style apartment put on the market in London for £6.5 million]
 
UK buyers top purchasers of London’s super prime homes
2013-07-04 13:48:38 [Europe]
Although a lot has been written about the number of wealthy overseas buyers in the London prime market, new research shows that UK national are actually the top buyers of property prices £10 million and over.Read full article: [UK buyers top purchasers of London’s super prime homes]
 
Kensington Palace Gardens named as the UK's most expensive street
2013-06-28 10:10:18 [Europe]
Britain now has 8,230 streets with average property values of over £1 million and Kensington Palace Gardens in London is the most expensive place to live.Read full article: [Kensington Palace Gardens named as the UK's most expensive street]
 
Chinese firm to build Europe’s tallest residential tower in London
2013-06-20 11:49:11 [Europe]
A Chinese development company is to build Europe’s tallest residential building alongside the River Thames in the heart of London, it has been confirmed.Read full article: [Chinese firm to build Europe’s tallest residential tower in London]
 
Wealthy real estate investors attracted to luxury property in Morocco
2013-06-19 15:17:44 [Africa]
The second home industry in Morocco is expanding and attracting domestic buyers as well as wealthy property investors from around the globe, according to a new report.Read full article: [Wealthy real estate investors attracted to luxury property in Morocco]
 
Luxury home price growth in Asian slowing as cooling measures take effect
2013-06-06 05:38:17 [Asia]
Luxury home prices in Asia posted further gains in the first quartet of 2012 but the rate of growth has eased as government property cooling measures have taken effect, according to a new report from global research and real estate consulting firm CBRE.Read full article: [Luxury home price growth in Asian slowing as cooling measures take effect]
 
More properties in London set to see average prices above £2,000 per square foot
2013-06-04 10:01:33 [Europe]
Over the next decade new build homes in Lambeth, Finsbury Park, Shepherds Bush and Shoreditch in London could be worth an average of £2,000 per square foot, according to new research from CBRE.
Read full article: [More properties in London set to see average prices above £2,000 per square foot]
 
Middle East developer begins work on luxury Baghdad tower
2013-05-20 14:55:52 [Middle East]

Middle East developer Damac Properties is to build a luxury tower in the Iraqi capital of Baghdad, signalling a leap forward for the country’s real estate market.
Read full article: [Middle East developer begins work on luxury Baghdad tower]
 
Value of penthouses in London soars
2013-05-14 09:30:32 [Europe]

The value of penthouses currently being sold in London now exceeds £1 billion, according to new research by property company CBRE.
Read full article: [Value of penthouses in London soars]
 
Average property prices rise across most of Asia in first quarter of 2013
2013-05-13 13:22:12 [Asia]

Average luxury property prices in Asia are continuing to increase with only Hong Kong and Singapore seeing values fall, according to the latest residential index from Jones Lang LaSalle.
Read full article: [Average property prices rise across most of Asia in first quarter of 2013]
 
New real estate advisory service set up for buyers of vineyards
2013-05-13 09:25:29 [Global News]

Christie’s International Real Estate has launched a property advisory service aimed specifically at international buyers of vineyard estates.
Read full article: [New real estate advisory service set up for buyers of vineyards]
 
World’s most expensive property prices set to grow by 27% in next five years
2013-05-02 15:11:01 [Global News]

The value of residential property purchases over £10 million in the world’s top financial hubs of London, New York, Hong Kong and Singapore is set to grow by 27% in the next five years according to a report released today by developers Candy & Candy.
Read full article: [World’s most expensive property prices set to grow by 27% in next five years]
 
Luxurious real estate and golfing community announced in Dubai
2013-05-02 13:48:13 [Middle East]

Damac Properties, the largest private developer of luxury real estate in the Middle East, has announced the launch of what it describes as the most luxurious golf community in the region.

 
The Bentley in Bentley Way for sale with a Bentley
2013-04-17 09:53:35 [Europe]

Enticing buyers can be hard in the current economic climate but one property owner in the UK has come up with a marketing plan with a difference and is offering a luxury car free.
Read full article: [The Bentley in Bentley Way for sale with a Bentley]
 
More buyers from economic hit Eurozone looking to buy luxury property, research suggests
2013-04-08 12:29:44 [Global News]

Enquiries from potential buyers of luxury property in countries that have been suffering from the current economic downturn in the Eurozone have increased, new research shows.
Read full article: [More buyers from economic hit Eurozone looking to buy luxury property, research suggests]
 
Mauritius set for a real estate construction boom that centres on quality
2013-04-08 09:11:45 [Africa]

A new property development on Mauritius aims to attract both residents and overseas purchasers at a time when demand for high quality homes on the island from both types of buyers is rising.
Read full article: [Mauritius set for a real estate construction boom that centres on quality]
 
Prices for the world’s most luxurious properties reach record highs
2013-04-04 09:29:48 [Global News]

Limited inventory, strong international buyer demand, and high net worth individual’s increased appreciation for world class lifestyle offerings have pushed prices for luxury homes toward historic highs, a new study shows.
Read full article: [Prices for the world’s most luxurious properties reach record highs]
 
Prices and rents in luxury property sector in Shanghai continue upwards
2013-02-20 16:27:50 [Asia]

Luxury homes sales in Shanghai have decreased but prices are on an upward trend despite cooling measures designed to prevent the property market over heating.
Read full article: [Prices and rents in luxury property sector in Shanghai continue upwards]
 
Wealthy overseas London home owners also looking for luxury holiday homes
2013-02-15 14:02:23 [Global News]

Wealthy property buyers who see London as a safe haven for their money are also increasingly looking at other top destinations to buy second and even third homes, it is claimed.
Read full article: [Wealthy overseas London home owners also looking for luxury holiday homes]
 
Balearic islands of Ibiza and Mallorca bucking the trend in Spanish property market
2013-01-25 14:49:49 [Europe]

The worst appears to be over for the top end of the property market in Spain’s Balearic islands with demand increasing especially from wealthy overseas buyers.
Read full article: [Balearic islands of Ibiza and Mallorca bucking the trend in Spanish property market]
 
Iconic Battersea Power Station project in London 75% sold out in days
2013-01-15 14:40:36 [Europe]

The new iconic property development at Battersea Power Station in London has become one of the fastest selling residential property projects ever.
Read full article: [Iconic Battersea Power Station project in London 75% sold out in days]
 
Moscow, Miami and Dubai tipped for strongest prime property growth in 2013
2012-12-19 13:40:59 [Global News]

Prime residential property prices in 14 cities worldwide are forecast to rise by 2.5% on average in 2013, according to the latest global real estate report from Knight Frank.
Read full article: [Moscow, Miami and Dubai tipped for strongest prime property growth in 2013]
 
UK property tax changes for foreigners buying via a company clarified
2012-12-11 13:12:51 [Europe]

Amendments to the UK’s 2013 Finance Bill will mean that foreign buyers of luxury residential property who use an offshore company will have to pay more tax but not genuine commercial investors.
Read full article: [UK property tax changes for foreigners buying via a company clarified]
 
More wealthy people putting their money into property
2012-11-29 12:29:25 [Global News]

Half of the UK’s wealthiest people own more than one home and it is female millionaires who are leading the way in terms of buying overseas.
Read full article: [More wealthy people putting their money into property]
 
Ritz-Carlton to operate new luxury holiday homes in Israel
2012-11-26 15:48:15 [Middle East]

Luxury holiday homes are being introduced in Israel with the launch of a Ritz-Carlton development in Herzilya near Tel Aviv on the Mediterranean coast.
Read full article: [Ritz-Carlton to operate new luxury holiday homes in Israel]
 
Middle East buyers increase their investment in central London property
2012-11-08 10:21:34 [Europe]

Buyers from Middle Eastern countries such at Egypt, the United Arab Emirates, Israel and Jordan spent 50% more on property in central London last month, it is claimed.
Read full article: [Middle East buyers increase their investment in central London property]
 
Developers with branded developments see an uplift of around a third, research shows
2012-11-06 16:33:27 [Global News]

Branded developments are leading the way in terms of price growth in the prime global residential market, according to new a research report.
Read full article: [Developers with branded developments see an uplift of around a third, research shows]
 



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