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...reducing interest rates is expected to lead to a pick-up in activity.Last week Gucci owner Kering said it had bought a retail block on Milan’s top shopping street from Blackstone for €1.3bn, the largest property...
...Interest rate volatility because of inflation made investors nervous in dealmaking, as properties were held back from being put on sale pending more stability....
...Canary Wharf has pushed to diversify its estate to reduce its reliance on offices, adding life sciences tenants and building out its retail, leisure and hospitality portfolio....
...Talks between the FRC and the Government Property Agency, the body responsible for managing government properties, are continuing and a final mutually agreed decision on its new headquarters will be made...
...The property could also be of interest to international luxury hospitality groups, they added....
...This property, designed by the minimalist architect John Pawson, served as a fitting backdrop to Goldenberg’s evolving taste, which retained a “very pure aesthetic”, says Oliver Barker, chair of Sotheby’...
...Property consultancy JLL said the number of conversions surged to an all-time high in 2023, with hotels converting offices as well as existing resorts....
...The launch was a boon to property prices across the local Somerset area....
...One of those income streams is a hospitality business, Aller Dorset, which they opened in 2021, offering accommodation in two high-spec Plankbridge shepherd’s huts (each costing £55,000)....
...the signal colours and materials of the south, down to the delicious green-tiled pool. from €25,000 a week, enquiries at @villa_aiano Back to (indulgent) basics in the Balearics Vestige is the kind of hospitality...
...This is destination hospitality writ large (as hospitality often is in Dubai), with a phalanx of celebrity chefs – among whose ranks are Martín Berasategui and Paris’s favourite enfant terrible (and sometime...
...Expectations of a rate cut by the Bank of England later this year have helped the residential property market recover from the lows of 2023, but transaction levels are still low....
...Accor has made a push into more upscale hospitality in recent years....
...Elsewhere across the property there’s a wide range of venues at which to graze and sip, from a lobby cafe offering a Hellenic twist on afternoon tea to a 20-seat speakeasy-style bar, Incognito, specialising...
...Of the 42 employees of Signa Holding, 34 worked in hospitality functions, including a huntsman and staff for Benko’s private jet. Stapf laid them off in early December....
...That was its status when Laurent de Gourcuff, founder of the Paris Society hospitality group, visited in the dead of winter in 2019....
...Those mulling a punt on Cipriani’s new €500mn club venture will hope the high-end Italian hospitality group performs better than New York-listed rival Soho House....
...As well as luxury hospitality, commercial housing, industrial warehouses and self-storage buildings are all popular....
...Actually a very Nordic leap, when you think about it, because at the root of good hospitality are many of the same qualities that define good Scandi design: space, simplicity, beautiful natural materials...
...order to survive, the factory needed to diversify into commercial textiles, making upholstery and durable furnishing fabrics for the likes of railway companies, office furniture suppliers, theatres and hospitality...
...As I’ve discussed in previous columns, hospitality in our urban centres is now effectively a subdivision of the commercial property sector....
...But luxury hospitality moves fast. “My goal is to be a purpose-led luxury lifestyle brand,” she declares. “When people ask me, ‘Who are your hotel competitors?’...
...It’s also home of the first “spa safari” – Nihioka, a second property about a mile down the coast, dedicated entirely to wellness....
...“First of all, our business is hospitality – it’s not one of our goals, selling. We never wanted to compete with all the galleries that represent our artists....
...But whereas those properties have kept their foreign ownership in the background, the new super-luxe hotels are keen to emphasise their Asian heritage....
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