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Prime Central London Property Market Logs More Price Falls

Prime Central London Property Market Logs More Price Falls

Prime central London’s property market logged further price declines in June, as sales values dropped 1.8%, according to a report released Tuesday from Knight Frank. The current residential real estate downturn impacting the city is now in its 35th month, the London-based brokerage and property consultants said, bogged down by tax bumps on top-tier properties, penalties for […]

Luxury is a Moving Target, Developer Says

Luxury is a Moving Target, Developer Says

Shahab Karmely sees the biggest ‘take a pause’ moments coming from New York right now Developer Shahab Karmely’s New York-based KAR Properties has expanded considerably in southern Florida, with projects that most recently included luxury condominiums One River Point in Miami and 2000 Ocean in Hallandale Beach. The company also has projects in Los Angeles. […]

Mideast buyers eyeing London properties

Mideast buyers eyeing London properties Majority of investors from the Middle East region have started showing interest in prime properties in North London, as prices are ‘much more realistic’ there, said leading real estate agent Statons. “Over the past couple of weeks we have spoken to new clients in the Middle East, who have asked […]