Discover in our last Ski Report the evolution of prices in the luxury Alpine real estate market.
Australian Residential Development Review
The latest Australian Residential Development Review confirms that residential land sales declined 38% year-on-year in 2018/19 with demand rising for alternative asset classes. Offshore buyers purchased almost 34% of all development sites by value.
London Residential Review
The new London Residential Review highlights that 11% more sales were agreed in prime central London between January and September 2019 compared to the same period in 2018. The trend is due to a combination of factors that include stamp duty-related price adjustments, the Sterling discount, the ultra-low cost of debt and the build up of demand over a prolonged period.
Dublin PRS Tenant Survey
According to the new Dublin PRS Tenant Survey institutional investment accounted for €930 million of transactions in 2018 and this is forecast to rise to €1.5 billion in 2019. The new tenant survey offers valuable insight into the views and profiles of tenants across the city.
The New Benchmarks
The new India Monthly Update confirms annual GDP growth slowed from 5.8% last quarter to 5%. In an effort to stimulate growth the government has set up a six-member task force to allocate $1.4 trillion of funds by 2024-25 on key infrastructure projects.
Prime France Report 2019
The new Prime France Report assesses market conditions across the country’s prime second home destinations: Paris, The French Riviera, Provence, The French Alps and South West France. The report highlights the extent to which sales have strengthened across France in recent years.
Brentford Report
The new report by Patrick Gower takes the pulse of Brentford, one of London’s former industrial areas situated alongside The Thames and amongst London’s expansive green spaces, it is set to become one of the capital’s largest waterside regeneration hubs. The report looks into detail at the rental market, affordability, housing supply and connectivity.
Australian Prime Residential Review 2019
The latest Australian Prime Residential Review reports that prime residential prices over the year ending June 2019, rose by 2.5% in Sydney, followed by Brisbane (2.2%), Melbourne (2.1%), Gold Coast (1.1%) and Perth (0.6%). Analysis by Michelle Ciesielski in the chart below shows the top five suburbs in each major city by median price and ten-year price growth.
Economy Slowing Down
Morgan Stanley’s Q2 report highlights that despite the current slowdown in the economy, India is unlikely to enter a recession. In order to stimulate the economy, India has notably reduced its interest rates and has planned several tax cuts.
Italian Tax & Lifestyle Report
The new Italian Tax & Lifestyle Report shines a spotlight on a country which has always offered an unrivalled lifestyle, but for some, now appeals from a financial perspective too thanks to a new €100,000 flat tax on all global income – a game changer for the ultra-wealthy. It explores the best places to live using our Italian Lifestyle Monitor and measures how Italy’s prime destinations measure up, from transport links to schools and from prime prices to wealth rankings.