Hints and tips:
Related Special Reports
...Yet buying real estate is not the smartest use of luxury cash flows. On the face of it, Kering’s deal does not look too bad....
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...Although London property commands some of the highest prices in the world, its luxury agents take some of the lowest fees....
...Blackstone has also recently moved to add to its own luxury retail holdings. It is in talks to buy a £230mn property on London’s New Bond Street....
...FTC tries to prevent ‘accessible luxury’ dominance The US Federal Trade Commission is cracking down on Big Purse....
...and wind power. acrebaisland.com, from €9,200 a night for 10 people, all-inclusive Detox and design-forward agritourism on Mallorca The biggest of the Balearics has seen the arrival of a few full-bore luxury...
...Outside of the US luxury home market, buyers face a litany of obstacles. Uppermost among them are stubbornly high mortgage costs....
...A tie-up would give Tapestry a dominant slice of what the company has identified as the “accessible luxury” handbag market, the FTC said....
...Munich’s state prosecutor is looking into allegations of money laundering at the Signa Group, René Benko’s collapsed luxury property empire....
...Who CDR Bienes Raices San Miguel/Luxury Portfolio Villa, Playa del Carmen, $8.9mn Where In a private gated community overlooking Playa del Carmen, on the Caribbean coast....
...With most members of that club wanting a harbour view, frontline water properties in Sydney command a higher premium than waterfront properties anywhere else in the world....
...The BT Tower in London will be sold for the first time in a £275mn deal as a US hotel investor seeks the latest ultra-luxury hotel conversion of a British trophy asset....
...The probe is the first to personally target the 46-year-old former billionaire, whose Signa luxury property group collapsed at the end of 2023, leaving billions owed to shareholders and creditors across...
...Residential and industrial property prices are down by about a fifth....
...Tapestry and Capri will both argue that the FTC has de facto fabricated a market in accessible luxury....
...Soaring over it all will be a trio of luxury residential towers inspired by the decadent E11even nightclub owned by Roberts and his partners....
...Who Luxury Portfolio International/ @properties Christie’s International Real Estate House, Sturgeon Bay, Wisconsin, $4.9mn Where Near the head of Sturgeon Bay in Door County, a peninsula known for its...
...Police also seized assets including luxury properties, cars, designer handbags, gold bars, cash and cryptocurrency in raids across the city....
A glut of apartments available in the French capital this summer is pushing down prices
...property portfolio — a catalogue of high-end addresses and shops around Europe, including London’s Selfridges and Berlin’s KaDeWe....
...Signa Prime and Signa Development own the majority of the Signa Group’s properties: a portfolio of inner-city construction projects and luxury addresses — from designer shopping precincts to 5-star hotels...
...Chinese policymakers are struggling with a multiyear crisis in the country’s property sector, as well as deflation and poor investor sentiment....
...“I doubt if the city will want to try to take over the property itself,” Spivack said....
...It’s now going to be a luxury hotel. And up and up and up went the valuation of the properties....
...That increase, coupled with demand from wealthy Chinese buyers, has boosted demand for ultra-luxury condominiums in the city. That means higher margins for developers....
International Edition