PrimeResi, journal of luxury property

PrimeResi, journal of luxury property Daily news, deals & insights from PrimeResi, journal of luxury property. PrimeResi.com is the leading

PrimeResi is the journal of luxury property; the leading news, insight & opinion resource for the UK's prime residential sector. Required reading for: luxury developers, buying agents & property finders, high-end estate agents, real estate investors, architects & designers, and more. Launched in 2012, the journal is an essential tool for the major players and boutique specialists at the top of the

residential property market, providing intelligent, informed coverage of all the issues affecting the UK's £2m+ resi industry. Our subscribers are responsible for billions of pounds-worth of deals every year, while our contributors are the most opinionated and authoritative characters in the prime property sector.

A fifth of estate agents plan to work through Christmas: Agency boss warns of 'burnout' as survey reveals no seasonal br...
17/12/2024

A fifth of estate agents plan to work through Christmas: Agency boss warns of 'burnout' as survey reveals no seasonal break for many brokers.

One in five estate agents plan to work right through Christmas, taking no time off during the traditional holiday season, according to a survey of of 897 agents across England by eXp UK. Of the 80%

In Pictures: Super-prime townhouse unveiled at RAMSA-designed scheme in NYC: Remarkable $16.95mn residence at boutique t...
17/12/2024

In Pictures: Super-prime townhouse unveiled at RAMSA-designed scheme in NYC: Remarkable $16.95mn residence at boutique tower The Henry promises the best of all worlds.

Robert A.M. Stern Architects’ take on a modern-day townhouse has been unveiled at a new development in New York. The 7,733 sq ft residence at Naftali Group’s forthcoming boutique scheme, The Henry…

Sims Hilditch brings in new marketing boss & boosts London portfolio: Interior design studio has delivered a number of h...
17/12/2024

Sims Hilditch brings in new marketing boss & boosts London portfolio: Interior design studio has delivered a number of high-end projects across PCL in 2024.

Design firm Sims Hilditch has brought in a new marketing boss as it looks to diversify and grow its offering. The studio, best known for its work on large country estates, has been expanding into the…

Guy Meacock: Why London continues to captivate American buyers: 'There have been surges of interest from Americans in th...
17/12/2024

Guy Meacock: Why London continues to captivate American buyers: 'There have been surges of interest from Americans in the past but in 20 years of doing this job, I can’t recall quite so many buying as now'. Top buying agent explains the key drivers & trends at play as wealthy US purchasers continue to target Prime Central London.

There has been much press coverage regarding wealthy Americans flocking to London following the election of Donald Trump as President, but the popularity of UK property among American buyers has been…

Nature Restoration Fund proposed to streamline housebuilders’ environmental obligations: Housing and Environment ministr...
17/12/2024

Nature Restoration Fund proposed to streamline housebuilders’ environmental obligations: Housing and Environment ministries are seeking views on a plan to help property developers 'get building while delivering their environmental obligations in a more sensible and strategic way.'

The government has pitched a new approach to the way property developers assuage projects’ environmental impacts and address biodiversity net gain. A new Nature Restoration Fund could help cut red…

Property market is ‘poised for a period of stability & soft growth’ in 2025 – Jackson-Stops: Mainstream house prices wil...
17/12/2024

Property market is ‘poised for a period of stability & soft growth’ in 2025 – Jackson-Stops: Mainstream house prices will generally "remain on a par with 2024" next year, suggests the estate agency after quizzing its agents around the UK - but there are likely to be notable differences between local markets.

National estate agency Jackson-Stops expects a busy start to 2025, as buyers look to complete purchases in Q1 before Stamp Duty bills rise. There’s also a fair amount of pent-up demand still to be…

Rising SDLT bills are having a ‘limited’ effect on landlord purchases: But property investors are shying away from Londo...
17/12/2024

Rising SDLT bills are having a ‘limited’ effect on landlord purchases: But property investors are shying away from London and the South East, suggests estate agency.

Tax changes announced in the Autumn Budget are having only a “limited” impact on landlord behaviour, suggests Hamptons after checking data from across the Countrywide/Connells Group estate agency…

Rental price growth eases to a four-year low: 'After an unprecedented four-year boom, rental growth for newly let proper...
17/12/2024

Rental price growth eases to a four-year low: 'After an unprecedented four-year boom, rental growth for newly let properties has slowed to a crawl,' says Hamptons' research chief.

The pace of rental growth dropped to the slowest rate for four years in November, according to the latest index from Hamptons (using data from across the Countrywide / Connells Group estate agency…

The full impact of the Budget is unlikely to be seen even by late 2025 – Knight Frank: Agency's UK resi research boss ex...
16/12/2024

The full impact of the Budget is unlikely to be seen even by late 2025 – Knight Frank: Agency's UK resi research boss explains why next year is proving such a tough one to call.

If you wanted to place a bet on the future of the UK housing market, the first few months of 2025 would not be a good time. Consumer confidence will be brittle, President Trump will have just taken…

Bumper year for Savills Auctions as sales top £800mn: Firm says department's record-breaking haul was 'particularly phen...
16/12/2024

Bumper year for Savills Auctions as sales top £800mn: Firm says department's record-breaking haul was 'particularly phenomenal given the headwinds over the last 12 months'.

Savills has reported raising a record-breaking £810mn from its series of auctions in 2024. 3,300 properties were brought to market by the firm across 16 separate events. The total sum was the highest…

‘Trophy’ apartment on Mayfair’s Grosvenor Square sells for £19.75mn: PCL buying agency secures 'once in a decade opportu...
16/12/2024

‘Trophy’ apartment on Mayfair’s Grosvenor Square sells for £19.75mn: PCL buying agency secures 'once in a decade opportunity' for longstanding client, negotiating more than £1mn off the asking price.

Another significant deal has been completed in London’s Mayfair district, PrimeResi hears. A 3,694 sq ft lateral at No.15 Grosvenor Square was secured by boutique buying agency Thaker Acquisitions on…

Monday Market Review: Key figures & findings from the last seven days: Your essential five-minute briefing on the latest...
16/12/2024

Monday Market Review: Key figures & findings from the last seven days: Your essential five-minute briefing on the latest movements and commentary, featuring data and analysis from Rightmove, Knight Frank, Savills, Beauchamp Estates, RICS, Zoopla, Propertymark & more...

Cut through the noise with PrimeResi’s round-up of the latest facts, figures and findings…

Top-performing European prime property markets to watch in 2025: Knight Frank forecasts price growth across Europe’s key...
16/12/2024

Top-performing European prime property markets to watch in 2025: Knight Frank forecasts price growth across Europe’s key cities & luxury resorts next year, with Stockholm out in front & London at the rear of the pack.

Stockholm has been tipped to outperform Europe’s other prime housing markets over the course of 2025. Knight Frank is forecasting an uplift of 6% for the Swedish capital, as it recovers from a 13%

Knight Frank expands rural consultancy across Northern England: Cheshire office is 'the final piece of the jigsaw' in na...
16/12/2024

Knight Frank expands rural consultancy across Northern England: Cheshire office is 'the final piece of the jigsaw' in national expansion drive, says property consultancy.

Knight Frank has opened a new outpost for its rural consultancy, heralding the Cheshire office as the “final piece of the jigsaw” in its two-year expansion drive to offer rural management and advisory…

Sales market activity up despite the ‘usual seasonal lull’ – Rightmove: Asking prices dipped 1.7% in the last month, but...
16/12/2024

Sales market activity up despite the ‘usual seasonal lull’ – Rightmove: Asking prices dipped 1.7% in the last month, but buying activity 'remains strong' compared to last year.

Rightmove’s latest data show signs of the “usual seasonal lull” as home-moving activity winds down in the run-up to Christmas and the end of the year. The average asking price of a property hitting…

FT: Super-prime London’s cut-price property deals: PCL insiders share front-line insights & explain the challenging situ...
13/12/2024

FT: Super-prime London’s cut-price property deals: PCL insiders share front-line insights & explain the challenging situation many vendors now face in this sobering report by Hugo Cox for the Financial Times.

Hugo Cox reports on the realities of selling in the current PCL market in this sobering piece for the Financial Times. Camilla Dell of Black Brick, Roarie Scarisbrick of Property Vision and Jake…

KPF to design $1.1bn ultra-luxe resi scheme in Dubai: UAE family-owned investment company & ultra-prime developer unveil...
13/12/2024

KPF to design $1.1bn ultra-luxe resi scheme in Dubai: UAE family-owned investment company & ultra-prime developer unveil plans for 'iconic residential address', inspired by rock formations in the Arabian desert.

Global architecture firm Kohn Pedersen Fox has been appointed to design a new $1.1bn luxury apartment scheme in Dubai. UAE family-owned investment company Abu Ghazaleh Investments and ultra-prime…

Extell & Four Seasons team up for top-end alpine project: New resi & resort offering will be North America's first new l...
13/12/2024

Extell & Four Seasons team up for top-end alpine project: New resi & resort offering will be North America's first new luxury alpine village in more than forty years.

Hospitality and branded residences firm Four Seasons and Gary Barnett’s Extell Development Company have announced plans for an ambitious top-end alpine project in the States. The resort and resi…

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