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International UHNWs looking to buy or sell property in Europe would do well to start with some advice from Mark Harvey. The experienced adviser is responsible for the European sales business at the international property juggernaut Knight Frank, managing its dedicated international London team, and overseeing the ‘smooth functioning of our pan-European network’, specifically involving the sale and purchase of prime residential homes across France and Spain (he previously advised international residential developers). ‘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 says. ‘No doubt this renewed vigour and political rhetoric will continue to have a positive impact on sentiment and help create a more “friendly” environment for foreign investors.’ Moreover as Brexit plays out, 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,’ Harvey 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,’ he continues. ‘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.’

Mark Harvey