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Real Estate News

Hong Kong Tops London as World's Most Expensive Office Market in 2019

Hong Kong Tops London as World's Most Expensive Office Market in 2019

According to a new report from CBRE, the rising cost of leasing prime office space accelerated across the globe in the year ended March 31 due to continued economic growth, job gains and limited availability of prime space in certain markets. Of the 122 markets tracked by CBRE, 85 registered cost increases. Read More »

Brexit Uncertainty Weighs on London Land Values in 2019

Brexit Uncertainty Weighs on London Land Values in 2019

Global real estate consultant Knight Frank is reporting that economic uncertainty of Brexit, coupled with the complexities of the planning system and rising build costs, have exerted pressure on London land values at the turn of 2019. Read More »

UK to Enjoy Fast Growing Rental Investment Revolution Over Next 5 Years

UK to Enjoy Fast Growing Rental Investment Revolution Over Next 5 Years

Investment into the UK Student Accommodations (PBSA), investment-grade private rented sector (PRS) and senior living rental sectors is expected to reach £146bn ($185bn) by 2025, rising from £87.3bn ($110bn) in 2019. Read More »

Global Luxury Home Price Growth Rate Slows to 10-Year Low

Global Luxury Home Price Growth Rate Slows to 10-Year Low

According to international real estate consultant Knight Frank's latest Prime Global Cities Index, which tracks the movement in luxury residential prices across 45 cities globally, registered its lowest rate of annual growth since the final quarter of 2009, when the world was in the grip of the financial crisis. Read More »

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Global Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »

Last Updated June 14, 2019 9:08 AM ET

United Kingdom Property News

More than 560,000 students applied to start a full-time undergraduate course at UK universities for the 2019/20 academic year, according to the latest applications data from UCAS. This was nearly 2,500 more applications than at the same point last year and the first year-on-year increase in applications in three years.

According to new research from international property consultancy Knight Frank, unlike Tuscany's mainstream residential housing market, the prime luxury segment is on a firmer footing.

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 19, 2019, Mortgage applications decreased 7.3 percent from one week earlier.

According to Knight Frank's latest Farmland Index, the average value of bare agricultural land in England and Wales remained virtually unchanged in the first three months of 2019.

According to the newly released 2018 Profile of International Home Buyers Report by the Miami Association of Realtors and the National Association of Realtors, foreign buyer activity in South Florida had a significant 23 percent spike in 2018.

According to global property advisor Knight Frank, London home prices declined 0.6% in 2018, but markets are increasingly localized and performance differs greatly by borough.

According to Knight Frank's latest Global Outlook Report, Hong Kong will retain its title as the world's most expensive office market despite rents being forecast to decrease in 2019.

According to Knight Frank's London Report, London retained its title as the world's top destination for investment in commercial real estate in 2018.

International property consultant Knight Frank reports this week that the average greenfield development land price declined 0.6% in Q4 2018, down from 2.6% growth in Q3, paring annual growth to 0.6%. Labor costs continue to edge up and the relatively weak pound has made imported building materials more costly for homebuilders.

According to international property consultant Knight Frank, the annual change in prices in prime regional housing markets in England and Wales fell for the first time in 18 months in 2018, according to Knight Frank figures.

According to International real estate consultant Savills' 30th annual Financing Property report, the UK property lending market is largely stable as a result of pressure on interest cover ratios (ICRs) and debt yields.

Asian outbound capital deployment remains robust amid a recent slowdown of Chinese outbound real estate investment. In the first half of 2018, outbound investment activity totaled $25.3 billion, led by Singaporean capital.

Global real estate consulting firm Knight Frank is reporting this week that in the first half of 2018 £5.6 billion ($7.2 billion USD) of international capital was invested in the London commercial real estate market. Hong Kong was second with £5 billion ($6.4B) and Paris third with £1.9 billion ($2.4B).

A new research by price comparison website MoneySuperMarket reveals that the UK is the most expensive location to raise a family in Europe.

£765 million ($1.04 billion USD) of real estate transactions took place in the West End in the first quarter of 2018 compared to £2.13 billion ($2.89b USD) in Q1 2017 -- a 64 percent annual drop.

According to a new report JLL, despite trade tensions and elevated stock market volatility, investors are still seeking value in real estate with global investment in the first quarter of 2018 hitting the highest Q1 level in 10 years at $165 billion.

Investment volumes into the UK's specialist property sector have significantly increased to reach an unprecedented £17.7 billion, a 40% increase on last year, and will continue to increase.

UK, Germany and Spain are the three most attractive hotel investment destinations in Europe, with more than two-thirds (69%) of investors identifying these markets as the preferred countries for hotel investment in 2018.

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