Luxury Real Estate
Responding to the growing demand for eco-tourism, Asian hospitality chain Meritus Hotels & Resorts (MHR) and Funtasy Island Development announced plans to build the largest eco theme park and the first gated island community in the world. Located on Riau Islands, Indonesia and slated to open in 2014, the deluxe resort development Funtasy Island will … Read more
In order to boost Greek yacht tourism, Greece state agency in charge of privatisation (TAIPED) announced the auctioning off rights to operate marinas. At a joint press conference of the agency and the Greek Tourism Ministry, the officials unveiled plans to launch six international tenders for Greek marinas by June. The first tender will include … Read more
David and Victoria Beckham to sell their Hertfordshire home David Beckham and Victoria Beckham will be moving to London from their Georgian style house in Sawbridgeworth, Hertfordshire, called Rowneybury House. The £10 million mansion, nicknamed Beckingham Palace, has a recording studio, helipad, snooker room, gym, floodlit tennis courts, indoor and outdoor swimming pools, but will have … Read more
The face of the Monaco is about to change, as the Principality is ready for a 3 percent expansion of its city-state’s territory. Monaco decided to expand into sea by building a six hectare peninsula into the Mediterranean. The project is to be located near the Grimaldi Forum congress centre. “I have decided to launch … Read more
Fendi luxury house and Dubai developer DAMAC Properties intend to “take the standards of luxury home living in the Middle East to a new level”. The two companies are building a 490-foot-high residential tower in Riyadh and private apartments in DAMAC Residenze in the Dubai Marina. Set to open in 2016, Fendi will provide interior … Read more
Poised to be one of Manhattan’s most prestigious addresses, Baccarat Hotel & Residences New York announced the official start of sales for Tony Ingrao-designed private residences inspired by the artisanship of the revered French crystal company. The luxury glassmaker announced also the opening of the second largest store in the world. The new flagship store … Read more