The article explores how higher interest rates, tax changes and geopolitical uncertainty are reshaping London’s prime market through a recalibration of expectations rather than a collapse in demand. Transaction volumes remain subdued and buyers are increasingly selective, but liquidity at the top end of the market continues with trophy assets still trading. This is a transition, not systemic distress.
In a piece for Green Street News, Daniel Austin, CEO and Co-founder of ASK, discusses London’s super-prime market reset, demand and opportunity.
“History suggests that when clarity returns, even partially, London tends to recover quickly”