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The Latest Breaking News from Knight Frank

Chinese investors snapping up real estate in Phuket

Chinese investors are rushing to buy real estate in Phuket, snapping up condos, villas, shophouses and durian orchards to cater to tourists from their own country, according to property consultant Knight Frank Thailand.

Bangkok Post

Specialist coffee shop opens seventh branch in Wales' tallest office building

The local coffee shop chain has taken a lease at Capital Tower on Greyfriars Road in the city centre

Wales Online

Coffee shop chain opens seventh outlet in Wales' tallest office building

Kin & Ilk has taken a lease at Capital Tower in the centre of Cardiff

Birmingham Post

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UK house prices defy gloom with an average £3,000 rise

Latest Rightmove survey concludes market on ‘much more stable footing’ than many had thought

The Guardian - UK

People on the move: North East appointments and promotions of the week

Companies announcing promotions this week include Azets, BDN, GSC Grays and Cleveland Containers

Birmingham Post

Edinburgh retail adapts following St James Quarter arrival

Traditional thoroughfares carve out own niches in city with one of the lowest vacancy rates in the UK

Insider UK

Golden visas are ‘the tip of the iceberg’ as digital nomads and the ultra-wealthy flock to other countries

Thirteen percent of ultra-high net worth individuals are looking to get a second passport or citizenship, according to Knight Frank. But that's just the beginning.

Fortune

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Landmark Newcastle city centre office The Pioneer unveiled by developers

The 100,000sqft building is set over 10 storeys with indoor and outdoor workspace and 360 degree views across the city

Birmingham Post

World’s ultra-rich suffered $10 trillion hit last year—but now is the time to be greedy, wealth report advises

The world's ultra-high-net-worth individuals have never been more keen to pay for the right to move to another country.

Fortune

London prices! Most expensive mansion ever on sale for record £250m

The property was put on the market by a Saudi prince after a £160 million loan secured by the owners expired

The Independent UK

Canada Water: first homes for sale in new £5.6bn London neighbourhood

British Land development will offer up to 3,000 new homes and offices with space for 20,000 workers

The Guardian - UK

World’s richest people lost total of $10tn in 2022, report finds

Triple shock of energy, economy and geopolitical issues caused biggest annual decline in ultra-wealth since 2010

The Guardian - UK

Aberdeen industrial property take-up at highest since 2014

Energy sector spurs growth in city market

Insider UK

Retailers on leading London shopping streets set to see £96m slashed from business rates bill

A number of central London retailers could see a significant decrease in their business rates liability in the West End, according to new research

Evening Standard

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Birmingham Post

Luxury Cornwall holiday park and wedding venue goes up for sale

Agent Knight Frank said offers in excess of £5m were being considered for The Park in Mawgan Porth

Birmingham Post

Office take-up in Cardiff rebounds to pre-pandemic levels

Knight Frank is forecasting that the headline rent in the city this year will reach more than £30 per sq ft

Evening Standard

Strong demand for London real estate even in choppy economic waters

Huge new schemes at Canada Water and Brent Cross help power London’s continued growth

Birmingham Post

Cardiff office scheme Raglan House up for sale

The building recently saw BT signing up to a new 10 year lease

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Birmingham Post

Strong performance for Midlands' industrial property market - report

Occupier appetite for robust spaces continued to increase across the region says Knight Frank

The Independent UK

Average UK house price fell by 0.6% in January

Annual house price growth slowed to 1.1%, from 2.8% in December, Nationwide Building Society said.

Leeds Live

Stunning Leeds building which made film history now on the market after incredible transformation

One Sovereign Quay has had a massive refurbishment and has been restored to its former glory

Birmingham Post

All units at Barry speculative industrial scheme sold

The 60,000 sq ft scheme is from Dawan Developments

Birmingham Post

£3m workspace transformation starts on Team Valley office fit for a king

The 1930s-built St George's House is being turned into modern offices by UK Land Estates

Insider UK

Scottish commercial property investment 12.6% ahead of five-year average

Office take-up in Aberdeen rose by 96% last year, compared to 2021

Birmingham Post

Plans for £35m Bristol housing scheme on city centre cark park

Bristol City Council’s housing company Goram Homes is looking for a developer to help it transform the site in Redcliffe

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