Luxury Real Estate Blog and News

Foreign investment in Australian real estate collapses

March 05, 2019 - Australia
Foreign investment in Australian real estate has fallen 83% in two years

Condo supply set to increase 120% in Phnom Pen

March 04, 2019 - Phnom Penh
Condominium supply in Phnom Penh will increase by almost 120% this year, leading to a slight decline in rental prices, according to a forecast report by property firm CBRE Cambodia.

Qatar real estate hit hard ahead of World Cup

March 01, 2019 - Qatar
Qatar is likely to be inundated with residential and commercial projects in anticipation of the 2022 World Cup despite dampened demand from overseas investors and locals.

$1 Billion Los Angeles ‘Mountain’ Gets $350 Million Discount

February 28, 2019 - Beverly Hills
The Mountain, a 157-acre property at the highest peak in Beverly Hills, just got a massive $350 million price chop, bringing its asking price down from $1 billion to $650 million.

A Bel-Air Spec House With a Circular Pool Asks $48 Million

February 27, 2019 - Bel Air
A Bel-Air spec home with a dramatic 200-foot circular infinity pool is coming on the market for $48 million.

Empty luxury flats dot Reykjavik as economy cools

February 27, 2019 - Iceland
Iceland may have recovered from a debilitating financial crisis, but now it faces a new problem: an increasing number of empty luxury apartments.

Michael Jackson’s Neverland Relists for $31 Million

February 27, 2019 - Santa Barbara
The onetime Neverland ranch of the late pop star Michael Jackson is returning to the market for $31 million.

Meet the next generation of luxury floating homes

February 26, 2019 - Miami Beach
Presented at the Miami Yacht Show this week, the 75-foot Arkup #1 from Arkup LLC is a luxurious, fully solar-electric, mobile, and self-elevating floating home.

Oxford named least affordable UK city for homebuyers

February 25, 2019 - Oxford
Oxford remains the UK’s least affordable city for buying a house, according to a new report by Lloyds Bank.

IKEA Is Launching a Furniture Rental Program

February 22, 2019 - Switzerland
Ikea, known for selling affordable, ready-to-assemble furniture, may soon enter a new business: collecting rent.