Most exclusive U.S. cities: Aspen Colorado becoming the permanent residence for affluent buyers

Top 20 List of Luxury Homes Sales of $10 Million and Up. Aspen, Colorado is the only non-coastal real estate market in the U.S. to make the top 20 list of ZIP codes with the most luxury real estate closed sales (16) over $10 million for the last 12 months ending June 30, 2013, according … Read more

Wildlife comeback in Europe, but many species have not yet reached sustainable populations levels

Wildlife Comeback in Europe study released.  The European bison, the White-tailed eagle, and Eurasian beaver, in total 37 mammal and bird species have recovered over the past 50 years, according to “Wildlife Comeback in Europe” in-depth report of scientists from the Zoological Society of London (ZSL), BirdLife International, the European Bird Census Council (EBCC) and … Read more

The world’s cities with the highest concentration of UHNW

London and Paris are Europe’s UHNW Cities. Nearly Half of Top 10 UHNW Cities Are in America.    New York, Los Angeles and San Francisco are among the top 5 in Wealth-X‘s list of the world’s cities with the highest concentration of ultra high net worth (UHNW) individuals, defined as those with total net assets … Read more

Wealth market: The Asia-Pacific market is clearly one to watch

Five-Year Trend Shows High Net Worth Population and Wealth Growth in Asia-Pacific Far Outpacing Other Regions.    Asia-Pacific is poised to become largest wealth market as early as 2014, finds the Asia-Pacific Wealth Report 2013 (APWR), published byCapgemini and RBC Wealth Management. The population and wealth of Asia-Pacific’s high net worth individuals (HNWIs) increased at … Read more

London remains the destination of choice for foreign investors

Middle East and North American investors are the major drivers of increased activity in the European commercial real estate market, according to the latest data by CBRE, quoted by arabianbusiness. The total value of commercial real estate investment activity in Europe continued to grow in Q2 2013 at six percent higher than the total for … Read more

HNWI and low cost of production to drive the yacht market in China

China Yacht Market Set to Grow at 13% Cagr During 2012-2017 Says TechSci Research   Increasing number of high net worth Individuals (HNWI), favorable government policies, and low cost of production are contributing to the growth of yacht market in China. Several foreign players are now manufacturing yachts in China to lower their costs of … Read more