International UHNWs looking to buy or sell property in Europe could do worse than speak to Mark Harvey. He is responsible for Knight Frank’s European sales business, managing its dedicated international London team and overseeing the ‘smooth functioning’ of its pan-European network, specifically involving the sale and purchase of prime residential homes across France and Spain.
‘After a wave of populist results, it was a relief to see Mr Macron’s victory having such a positive influence on European sentiment,’ Harvey previously told Spear’s.
As Brexit plays out, he says, an increasing number of clients are looking to re-adjust their position to reflect the new world order. ‘After several years of softening prices, we are seeing a marked return of the UHNW to the secondary homes market,’ he says. ‘As the world becomes ever smaller and better connected, it is all the more impressive to witness first-hand the extraordinary breadth of buyer nationalities we deal with.
‘The most acquisitive regions remain Europe, the Middle East, Asia Pacific and India… but as global wealth continues to shift East, we will likely see Europe’s dominance challenged in this regard.’