While London’s New Bond Street, Milan’s Via Montenapoleone, and New York’s Upper Fifth Avenue command the world’s highest rents, achieving the status of permanent trophy assets, their stability masks an intense dynamism in the next tier of global destinations. The real estate strategy of the world’s most powerful luxury houses is no longer just about … Read more
Hello, Hong Kong! Rosewood to open its first Hong Kong ultra-luxury property. The one-of-a-kind luxury hotel to open in 2018. As one of the world’s great cities, with iconic character and landscape, Hong Kong is a superlative location for any luxury hospitality chain. Rosewood Hotels & Resorts will open the ultra-luxury brand’s first Hong Kong property … Read more
Luxury Retailers are thriving throughout top global markets, according to Colliers International‘s latest global retail report. Among the top 10 global retail rents for the year (per square foot in USD), New York’s Fifth Avenue is the pinnacle, with NYC’s Madison Avenue also on the list, while Hong Kong holds three spots. The list is … Read more