Headlines

SONY Building 550 Madison Ave. NYC, sold to Saudi Conglomerate

April 26, 2016

Chetrit to sell Sony Building to Olayan Group, abandoning condo plans Saudi conglomerate, in partnership with Chelsfield, to pay $1.3B+ for iconic property at 550 Madison April 25, 2016 12:23PM 550 Madison Avenue idtown (inset: Joseph Chetrit and Yoron Cohen) Olayan America, a division of Saudi conglomerate Olayan Group, is in contract to acquire the former Sony Building at 550 Madison Avenue for more than $1.3 billion, after the Chet...

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Filed under: Headlines by Wendy Jackson

Resurgent Spain is a Hot Real Estate Investment Destination

April 25, 2016

SPAIN’s blossoming property market received another solid boost with the publication of a significant survey, which identified the resurgent Iberian nation as the third most attractive country for investing in real estate in Europe. The Global Investors Intentions Survey 2016, released by renowned real estate experts CBRE, revealed that 10.2 per cent of those interviewed selected Spain as their top investment priority. The terrific news puts S...

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Filed under: Headlines by Wendy Jackson

Think New York Real Estate Market Is Crazy? Try London

April 25, 2016

 A 13.5 percent annual jump in home prices underlines the affordability crisis in the English capital It's no surprise that real estate prices in London, like New York, have gone sky high. But a new report released earlier today about home prices in England and Wales show a stark increase, which is helping turn commuter suburbs of the English capital into red-hot markets and driving new concerns about affordability. The recent House Price Inde...

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Filed under: Headlines by Wendy Jackson

Dubai Plans Tower that will rise higher than…

April 14, 2016

Dubai plans tower that will rise higher than Burj Khalifa Dubai (AFP) – Dubai plans to build a tower that will stand higher than its Burj Khalifa, currently the world’s tallest skyscraper, property developer Emaar said Sunday.   The viewing tower will cost around $1 billion (880 million euros) and will be “a notch” taller than Burj Khalifa, Emaar chairman Mohamed Alabbar told reporters as he revealed details of the project. ...

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Filed under: Headlines by Wendy Jackson

The 8 Best Restaurants in Madrid

April 4, 2016

Madrid is the city to visit for restaurants which are dripping with awards and accolades. From experimental seaweed lollipops at La Terraza, to classic Spanish cuisine in a Duke’s library, the city offers cuisine and ambiance to suit every mood. BIBLIOTECA AT HOTEL AC SANTO MAURO  CUISINE: MODERN SPANISH  Style / Ambiance: The Biblioteca restaurant was once the library of the Duke of Santo Mauro, and original features such as the an...

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Filed under: Headlines by Wendy Jackson

Spain 3rd Most Attractive European Property Investment Hub After Germany, UK

March 24, 2016

Spain is the third most attractive European country for property investment in 2016, while Madrid is the continent’s second favourite city to invest in after London, according to the CBRE report “Global Investors Intentions.” The report was presented at Mipim, the world’s leading property fair. Spain was the preferred choice for this year for 10.2% of investors surveyed, just below the UK (15.1%) and Germany (17%), and a more attractive cho...

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Filed under: Headlines by Wendy Jackson

London, New York Top UAE Real Estate Investors’ List

March 21, 2016

The majority of the UAE's high-net worth individuals (HNWIs) are set to pump in big money into prime real estate markets across the globe with London and New York topping their investment destinations list, said a report. London has historically been an investment magnet for the HNWIs in the Middle East and now New York too has emerged as their favourite property market outside the region, according to leading international real estate consulta...

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Filed under: Headlines by Wendy Jackson

Palace of Versailles and Guerlain House Launch

March 14, 2016

Palace Of Versailles And Guerlain House Launch Limited-Edition Fragrance • Guerlain • Palace of Versailles • Perfume Two of France’s oldest cultural establishments strive to bring back the grandeur of French royalty, or at least, preserve the architectural remnants of it. The Palace of Versailles collaborated with the 170-year-old House of Guerlain to launch a limited-edition fragrance Le Bouquet de la Reine, or The Queen’s Bouquet....

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Filed under: Headlines by Wendy Jackson

New York’s Next Hot Neighborhoods

March 7, 2016

Bushwick, Brooklyn, is over. Ridgewood, Queens, had its hipster moment. Townhouses have been selling for more than $1 million in Crown Heights, Brooklyn, for some time. And investors are beating a path to the South Bronx and Staten Island. In New York City real estate, the quest for the next hot neighborhood never ends. But spotting an area that is on the rise before it becomes the next big thing is no easy call. The arrival of a farm-to-table r...

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Filed under: Headlines by Wendy Jackson

Tour Guide to Madrid

March 3, 2016

FOR CULTURE: Toledo The historic city of Toledo is a melting pot of cultures. Founded by the Romans, it is recognized as the city of three cultures and tolerance – for more than 400 years Muslims, Jews and Christians lived here in harmony. You’ll find traces of all three cultures as you explore the impressive monuments within the walled old city. Stay at the Hotel Fontecruz, the former palace of Empress Eugenia de Montijo. fontecruzhoteles...

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Filed under: Headlines by Wendy Jackson

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