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Pent Up Demand by London Property Buyers Due to COVID-19 Tops £52 Billion

Pent Up Demand by London Property Buyers Due to COVID-19 Tops £52 Billion

The total potential spend for all residential buyers registered with Knight Frank in London was £52 billion. Read More »


Rising European Home Rental Prices Ended with Q1 Coronavirus Outbreak

Rising European Home Rental Prices Ended with Q1 Coronavirus Outbreak

As most of the world's economies are reeling from the impact of the corona crisis, the effects on the European rental markets are starting to show - with previously accelerating rental prices coming to a stop. Read More »

U.K. Braces for Historic Decline in New Home Sales, Driven by COVID-19

U.K. Braces for Historic Decline in New Home Sales, Driven by COVID-19

Covid-19 and the knock-on impact of the government lockdown, will result in 56,000 fewer homes being delivered this year, representing a 35 percent drop. Read More »

London Rental Property Demand Beginning to Rebound Amid COVID-19 Era

London Rental Property Demand Beginning to Rebound Amid COVID-19 Era

Demand for London rental property has picked up in April 2020, as prospective tenants begin to plan for life after the lockdown. Read More »


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Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated May 11, 2020 9:00 AM ET

London Property News

Knight Frank is now forecasting the UK's housing market to decline 38 percent from 2019's home sales, to an estimated 734,000 transactions for the full year (2020).

The UK has reconfigured a number of commercial property to save lives, and has demonstrated it is possible to swiftly create new temporary uses for real estate.

According to CBRE's latest U.S. Multifamily Inbound Investment Report for the second half of 2019, Orlando was the highest growth market for global multifamily investment capital, with an annual gain of 231%.

According to global property consultant Knight Frank's latest Wealth Report 2020 reveals that private capital was responsible for $333 billion of all commercial real estate purchases in 2019, a 5% rise on the previous year.

The political certainty generated by the general election result produced the highest monthly number of property exchanges in Prime Central London (PCL) in December 2019.

U.S. net-lease investment reached record highs in 2019, with investors increasingly attracted to opportunities in high-growth secondary and tertiary markets.

With the longest global economic expansion on record, international commercial property investors now face an increasingly complex calculus.

International property consultant CBRE is reporting this week that global commercial real estate investment volume in Q4 of 2019, including entity-level deals, was nearly level (-0.5%) with Q4 2018, while full-year volume fell by 2% from 2018.

Four years after the UK voted to leave the European Union, creating much uncertainty since then for London's property market, Brexit has finally happened.

Based on new data by HVS London, AlixPartners and STR, London hotels saw RevPAR growth of 0.9% in Q4 2019, to £135.25 compared with the previous year.

Knight Frank is reporting the number of new prospective home buyers registering with them in London rose

According to HousingAnywhere's latest International Rent Index, a rise in residential rents continued across Europe in Q4 of 2019, yet rents did decelerated in the more expensive cities such as London, Amsterdam and Munich.

The headline rate of the UK's house price growth continued to slow through 2019, leaving annual house price growth for the UK 0.7% at the end of October 2019, down from 3% at the same point last year.

Prime regional country house prices in the United Kingdom were unchanged in the final three months of 2019, taking the annual change in values to -0.8%. Prices have been flat or declining for the past three years.

According to global real estate consultant Knight Frank, home prices across 56 countries and territories worldwide are rising at an annual rate of 3.7% on average. This marks the index's slowest rate of growth for over six years.

According to Knight Frank's latest research for the most exclusive global residential neighborhoods -- the top 10 ultra-prime streets and areas where the most transactions over $25 million have taken place in the last five years was -- revealed this week.

With capital growth in most prime residential markets around the world shrinking in 2019, the global economic landscape looks markedly different from that a year ago.

International property consultant Knight Frank is reporting this week that political uncertainty in the UK continues to dominate sentiment in prime London residential markets in final months of 2019.


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