Headlines

U.S. Will Track Secret Buyers of Luxury Real Estate

February 1, 2016

Concerned about illicit money flowing into luxury real estate, the Treasury Department said Wednesday that it would begin identifying and tracking secret buyers of high-end properties. The initiative will start in two of the nation’s major destinations for global wealth: Manhattan and Miami-Dade County. It will shine a light on the darkest corner of the real estate market: all-cash purchases made by shell companies that often shield purchasers’...

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Filed under: Headlines by Wendy Jackson

An Expensive Studio

January 13, 2016

            Small studio flat overlooking Britain’s most expensive street for sale for a staggering £2,300 per square foot Egerton Crescent in Knightsbridge is regularly lauded as “Britain’s most expensive street”. Now, those on a slightly more limited budget could buy a property overlooking it on Egerton Gardens that is for sale for £1.175 million ($1.7 million or €1.6 million). &n...

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Filed under: Headlines by Wendy Jackson

Investment into Spanish real estate reaches record figures

January 5, 2016

While it may be hard to believe, taking into consideration that Spain endured a crippling recession for six years and has only really begun to expand economically again since last year, investment into Spanish real estate has reached record figures. The amount of money poured into all types of property construction this year will register in excess of 13 billion euro by the end of the month. This is 25% more than in 2014, three times the amount ...

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Filed under: Headlines by Wendy Jackson

Why The Best Investment In 2016 Might Be Global Real Estate

January 5, 2016

Of the more than 600 investors surveyed, 52% said they will increase allocations towards real estate this year. Only 11% will decrease. Real estate investment worldwide is on track for continued demand growth. It’s the one asset where investors are almost unanimously bullish. London, Paris, New York, San Francisco, Tokyo and Sydney are the main targets for direct cross-border real estate acquisitions over the next 12 months. Global transactions a...

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Filed under: Headlines by Wendy Jackson

Welcome to NYC real estate in 2026

January 5, 2016

From skyline wars to building on water, a look at the big real estate projects and trends that may be at the forefront of the industry in a decade Needless to say, New York has changed a lot in the last decade. And 10 years from now, in 2026, there will undoubtedly be a host of new people, projects, neighborhoods and technologies dominating the conversation. Who will be the hot developer of the day? Where will the next Billionaires’ Row be? And...

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Filed under: Headlines by Wendy Jackson

Spain is seeing a spectacular turnaround in its higher end property market

November 29, 2015

A renewed confidence amongst buyers, low prices and the Spanish banks’ willingness to offer competitive mortgages is attracting increasing numbers of new buyers in the country, according to a new analysis. In Spain’s major cities, international buyers are now beginning to compete against local buyers to secure the best properties in prime locations, according to the report from Lucas Fox covering the first six months of 2015. Indeed, Spain i...

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Filed under: Headlines by Wendy Jackson

London Real Estate: Why Now Is the Time to Buy

November 29, 2015

Ever fantasize about owning an elegant Georgian townhouse in London? Current conditions for buying a second home in the heart of that great city haven’t been this good since the 2008 recession. In the year ended in September, prices for homes valued from three million to five million pounds ($4.6 million to $7.7 million) in Central London, which runs from Chelsea to Westminster, fell 5.1%, and houses above £5 million fell 5.5%. That’s a buying op...

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Filed under: Headlines by Wendy Jackson

Kandinsky. A retrospective

November 3, 2015

The Cibeles Centre offers you the chance to enjoy the work of the great Russian painter Wassily Kandinsky, forerunner of abstract art, in the largest retrospective exhibition ever held in Spain, organised by the Centre Pompidou in Paris and the Arthemisia Group. The exhibition features close to 100 works including canvases, watercolours and etchings covering the key periods of his career, from his early years in Germany, his time in Russia, and...

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Filed under: Headlines by Wendy Jackson

The Real Story Behind Spain’s Finest Wine

November 3, 2015

Gerard Basset, co-founder of the Hotel du Vin Group and a former world champion sommelier, on Spain’s top wine. For most of the 20th century Vega Sicilia has been regarded as the true great wine of Spain and while there are now many outstanding wines in the country, Vega Sicilia still has a unique place. There is uncertainty on the exact origin of the name Vega Sicilia, but the most widely accepted explanation is that it is based on the name of...

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Filed under: Headlines by Wendy Jackson

The New Poshest Street in New York

November 3, 2015

With its cloud-piercing super high-rises and equally stratospheric sales prices, 57th Street — a.k.a. “Billionaires’ Row” — has become one of New York’s most buzzed-about residential spots. Just a few blocks south, though, another Midtown thoroughfare is also making its mark. Fifty-third Street might not be as heavily hyped as its cousin to the north, but with more than half a dozen buildings and over 1,000 new units slated to arrive...

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Filed under: Headlines by Wendy Jackson

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