Based on Knight Frank's 2023 Global Waterfront Index, waterfront property generated a 118% premium on average around the world, down only marginally from 121% last year, as Sydney retains the top spot.
According to HVS' latest annual European Hotel Transaction Report, hotel transactions for 2022 totaled €13.3bn ($14.4bn USD), an 18% fall on the previous year as the impact of the Russian invasion of Ukraine, rising energy and food costs and high interest rates hit investor confidence.
With e-commerce penetration expected to grow to 26 percent of all retail sales by 2025, the U.S. will need an additional 330 million sq. ft. of distribution space just to handle the increase in online ordering in that timeframe.
According to Knight Frank's latest edition of The Wealth Report 2021, 26% of ultra-high-net-worth individuals (UHNWIs) globally are planning to buy a new home in 2021, a sharp increase from the 21% revealed in 2020. This demand will help fuel price rises of up to 7% in key markets over the course of the year.
The top countries of origin for high-end international home buyers coming into the UK property market -- during the 2020 Coronavirus outbreak -- include the UAE, United States and Australia.
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