What’s on the cards for 2025? A year of stability, supply and sustainability says Native Land Executive Director Nicholas Gray, as he writes for Prime Resi about London’s prime property market in the year to come. Here are the key takeaways:
- Election Impact: Since the US election, Americans have looked to London as a place to invest in real estate. At 100 George Street W1, there was a high proportion of interest in the Marylebone apartments from American buyers before the election, with 20% of transactions coming from US buyers. “Within just 24 hours of the election results were announced, we had three new seriously interested American buyers.” Nicholas shares.
- 80% of millennial UHNWIs are trying to shrink their carbon footprints*: Luxury property owners are prioritising sustainability more than ever, with up to 18% would pay a premium for green rated buildings (*According to Knight Frank research). Nicholas highlights, “They are looking for environmentally conscious and efficient homes that reflect their more healthy and responsible lifestyles, qualities which will be reflect in Opus, Bankside Yards.
- At Opus, there will be areas dedicated “to amenities that meet buyers’ evolving lifestyle choices, including co-working and study spaces, podcast and art studios, a padel court, bouldering wall and spa.”
Read more via Prime Resi: https://primeresi.com/native-lands-nicholas-gray-on-why-clarity-will-boost-prime-property-in-2025/
