What defines a luxury home in Canada and who’s driving the market

The average entry price for a luxury single-family home starts at $2 million in Toronto and Calgary, $2.8 million in Vancouver and $3.5 million in Montreal, according to the Top Tier Trends Report: A Comparative Survey of Canada’s Luxury Real Estate Market realesed by Sotheby’s International Realty Canada. The report goes on to uncover the … Read more

Skorpios bought from the Onassis family by the daughter of a Russian billionaire

The Greek island where Aristotle Onassis married Jackie Kennedy has been sold ‘for £100million’ Greek island where Aristotle Onassis married Jackie Kennedy was bought from the Onassis family by Ekaterina Rybolovleva (24-year-old), daughter of business magnate Dmitry Rybolovlev, the owner of AS Monaco Football Club. Regaded as long-term financial investment, Rybolovleva also acquired the neighbouring island … Read more

Shangri-La Bosphorus to debut on the Istanbul’s luxury hospitaliy arena

In May, the Istanbul‘s rich hospitality scene will see the addition of the highly anticipated Shangri-La Bosphorus. The hotel will debut in Istanbul as a distinctive luxury hotel in the Virtuoso luxury travel network. Shangri-La Bosphorus, Istanbul is situated in the modern city, in between Dolmabahce Palace and the Maritime Museum, with attractions including the … Read more

Istanbul’s real-estate – 4th in Europe

“It’s Berlin and London for core. But it’s Istanbul for opportunity.” Posting a positive outlook, Istanbul’s real estate ranked fourth in Europe, according to Emerging Trends in Real Estate Europe 2013 report compiled by Pricewaterhousecoopers (PwC) and the Urban Land Institute (ULI). “Emerging Trends in Europe” has analysed the real estate markets in 27 major European … Read more

Real estate continues to dominate Hong Kong UHNWIs’ luxury portfolios

Statistical Profile of the Hong Kong UHNWI Against the backdrop of a red hot premium property market, Hong Kong‘s ultra wealthy population holds US$43 billion worth of real estate assets, representing 9% of the total net worth of its UHNW population, according to the lastest study released by Wealth-X, a provider of detailed intelligence on … Read more