Prime real estate prices in a number of cities is set to rebound slightly next year, with Shanghai and Cape Town forecast to top the charts in terms of growth, according to a new report from Knight Frank.
Prime real estate property prices are proving resilient to the coronavirus pandemic, particularly in Asia and the Pacific, thanks to a surge in demand from homeowners reassessing where they want to live.
The pandemic is encouraging skiers to seek refuge, where demand for property remains robust and the prices of mountain homes have climbed slightly, according to Knight Frank’s 2020 Ski Property Index.
Luxury Daily’s live news: French buyers dominating prime London real estate; Land Rover conquers Everest in latest Above and Beyond story; Fortnum & Mason appeals to tea lovers with new bespoke service; UKFT announces new Made It partners; How Western luxury brands should handle a second wave of COVID-19.
Luxury Daily’s live news: French buyers dominating prime London real estate; Land Rover conquers Everest in latest Above and Beyond story; Fortnum & Mason appeals to tea lovers with new bespoke service; UKFT announces new Made It partners; How Western luxury brands should handle a second wave of COVID-19.
Chinese real estate investors are no longer dominating the prime central London market, according to new research from Knight Frank.
NEW YORK – The death of city centers has been greatly exaggerated, though urbanities will have to adapt after the coronavirus pandemic has upended lifestyles.
Luxury Daily’s live news: Japanese pearl jeweler Mikimoto, eyeing expansion, enters beauty market with first fragrance; Pandemic affects near-term supply and long-term design of housing worldwide; Hermès, in a boost to French economy, will add 250 jobs for new leather goods workshop to boost production; Walpole seeks British luxury brands’ support to contest UK government’s decision to end tax-free shopping; Your last chance this year to hear 42 speakers discuss future of luxury.
Luxury Daily’s live news: Japanese pearl jeweler Mikimoto, eyeing expansion, enters beauty market with first fragrance; Pandemic affects near-term supply and long-term design of housing worldwide; Hermès, in a boost to French economy, will add 250 jobs for new leather goods workshop to boost production; Walpole seeks British luxury brands’ support to contest UK government’s decision to end tax-free shopping; Your last chance this year to hear 42 speakers discuss future of luxury.
Luxury Daily’s live news: British footwear label Jimmy Choo ties laces with Timberland for capsule collection; Hublot becomes official timekeeper of world’s most-watched football league; Kim Jones succeeds late Karl Lagerfeld as womenswear designer at Fendi; Knight Frank, adapting to new normal, enters property auction business after successful trial in July; LVMH backs out of $16.2B Tiffany deal, leading to lawsuit meant to enforce merger; Luxury’s landscape is rapidly shifting. Find out how.
