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The Latest Breaking News from Knight Frank

Buying in Barcelona: houses by ‘masters of minimalism’ offer coastal city lifestyle in exclusive enclave

In the hills of Barcelona’s exclusive Pedralbes neighbourhood, a new boutique development promises luxury city living on a grand scale

Evening Standard

Two Edinburgh offices sold for £40 million

Meanwhile, the former site of Nye Bevan House in Glasgow has also been sold

Insider UK

Warehousing transaction volume rose in Vijayawada to 1 mn sq ft in FY-23, says report

In its India Warehousing Market Report-2023, Knight Frank India, an international property consultancy, stated that Vijayawada recorded warehousing transaction volume of 1 million square feet in financial year 2023-24 with a year-on-year growth of 22%.

The Hindu

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UK Land Estates puts Portrack Retail Park up for sale with price tag of at least £6.77m

The site is home to big names such as Howdens and Tile Mountain

Birmingham Post

Cheapest square on Monopoly board gets New York style overhaul

First apartments in Manhattan inspired Old Kent Road development go on sale from £440,000

Evening Standard

Trio of deals completed at Bristol's Castlemead

Commercial property consultants Hartnell Taylor Cook, JLL and Knight Frank completed the deals on behalf of investment adviser Floreat

Birmingham Post

'Our house has a medieval castle in the back garden'

Valmai Williams is selling a historic property, Bronllys Castle House near Talgarth, with 13 acres of stunning grounds and a garden feature to beat all others

Wales Online

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London’s share of international super-prime property market takes hit in 2023

London’s super prime market was hit by interest rate rises and the Truss mini budget, according to a new report

Evening Standard

Annual house prices fall for first time in a decade

House prices fell by 1.0% on average across the UK in May

The Independent UK

Annual house price growth turns negative for first time since 2012 – index

House prices fell by 1.0% on average across the UK in May, Halifax said.

The Independent UK

Greenwich Market is ‘losing its identity’ amid decline in handcrafted wares, traders say

Local businesses say the ‘personal touch’ has gone as handmade gifts are replaced by cheaply-made imports

Evening Standard

Half of big international firms to cut office space in next three years – survey

Survey of 350 businesses shows 56% favour hybrid working

The Guardian - UK

Barclays to relocate to Bank House in Newcastle city centre

The banking giant is moving from its Quayside base into the new office tower later this year

Birmingham Post

Money's theory of relativity: Here's how much money you need to make the 1% in the world's 10 richest countries

America's wealthy are quite rich, but maybe not as rich as you thought. The nation barely makes the top five of Knight Frank's annual ranking.

Fortune

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Wales Online

Grand Designs' ‘saddest ever’ house could be sold within weeks

The home is said to be 'cursed'

Chronicle Live

Council denies Grainger Market ‘privatisation’ claim as staff exodus forces switch to outside management firm

A real estate consultant is taking over the day-to-day running of the Grainger Market, with Newcastle City Council saying it cannot offer the 'visible' presence traders want itself

Evening Standard

Private island fortress —complete with 15-feet-thick walls, sauna and hot pool— for sale for £3 million

Spitbank is one of three Napoleonic forts in the Solent. The largest, No Man’s fort, is also for sale.

Birmingham Post

Two new lettings at Birmingham office block

45 Church Street welcomes leases deal with law firm and IT services provider

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The Guardian - UK

London’s ‘super-prime’ property market back to pre-Brexit levels

More than 160 luxury homes worth £10m or more have been sold in past year at a combined price of £3.1bn

Evening Standard

Education institutions expand London footprint, as unconventional office tenants seek more workspace

Education institutions are currently searching for 492,000 sq ft of office space in London, according to Knight Frank

Daily Mirror

Inside abandoned Cornish mine transformed into fabulous luxury home

The site is an Ancient Monument and all of it lies within the Cornish Mining World Heritage Site area

Edinburgh Live

Historic Edinburgh building to be transformed into trendy 'defurbished’ office space

Work is underway on refurbishing a well-known George Street building, which will deliver the first ‘defurbished’ office space in the area which is expected to be completed by 2023.

The Independent UK

UK house sales fell by 19% annually in March – HMRC figures

The number of house sales edged up by 1% compared with February 2023, according to the figures from HM Revenue and Customs.

The Independent UK

Empty plot of sand on luxury Dubai island sells for $34m

Former owner purchased plot of land for nearly $10m two years ago

Fortune

An empty plot of sand in Dubai just sold for $34 million

Its former owner, British fashion entrepreneur Umar Kamani, made a 242% profit in two years—though he never built anything on it.

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