REAL ESTATE

Ultra-luxury real estate around the world makes up a unique landscape: from Manhattan penthouses, beach homes in the Hamptons, new condos in Palm Beach or London, historic homes in the UK, chalets in Saint Moritz and Gstaad. According to Knight Frank, 201 “super-prime” homes – together worth over $3.7bn (£2.7bn) – were purchased in London in 2020, surpassing Hong Kong and New York. And 31 ultra-prime homes totalling more than $25m (£18.2m) were sold, again outperforming Hong Kong with 23 and Los Angeles with 16. Global head of research Liam