Luxury Real Estate Blog and News

Hong Kong millionaire buys £10.75m private residence at Corinthia London

October 14, 2019 - London
An unnamed Hong Kong multi-millionaire has bought a penthouse at the lavish 5-star Corinthia Hotel in London for £10.7 million ($13.3 million).

Rooms at Al Mahra Resort by Cristal in Ras Al Khaimah can now be purchased in Bitcoin

July 20, 2018 - Ras al-Khaimah
Luxury hotel units at Al Mahra Resort by Cristal in Ras Al Khaimah can now be purchased in Bitcoin or similar digital currency, it has been announced.

St. Regis resort in Aspen to become first U.S. single-asset REIT

February 08, 2018 - Aspen
The St. Regis Aspen Resort is soon to be listed on the New York Stock Exchange as a single-asset real estate investment trust.

Reconstruction of Crowne Plaza to commercial building

March 30, 2017 - Causeway Bay
Sea Holdings intended to reconstruct the Crowne Plaza Hong Kong Causeway Bay, with only 8-year building age, to a 26-storey commercial building.

Hotel in Jordan sold for HKD 108 million

November 03, 2016 - Jordan
According to market news, a hotel named A3 at 129-131 Temple Street in Jordan was recently sold for HKD 108 million, or around HKD 2.91 million per guest room.

Pierre Hotel penthouse price slashed to $57 Million

May 12, 2016 - Manhattan
The triplex penthouse at Manhattan’s Pierre hotel, now listed at $57 million, has been redecorated to give it a more contemporary look.

InterContinental Sells Hong Kong Hotel for $938 Million

August 06, 2015 - Tsim Sha Tsui
The “iconic” InterContinental Hong Kong has been sold for $938 million as the chain completes a property disposal programme.

Historic Villa Reale di Marlia to be luxury hotel

May 21, 2015 - Lucca
Once the residence the first King of Italy Victor Emanuel II of Savoy, historic Villa Reale di Marlia located in Lucca, Italy has been sold to a couple from Switzerland.

Major Cambodia project planned

February 05, 2015 - Cambodia
Koh Puis Investment Group aims to build a luxury hotel and gaming project in Morakot Island off the coast of Sihanoukville, Cambodia, which includes prime property and leisure facilities.

Most expensive rental in New York rented for $500000 at Pierre Hotel

December 12, 2014 - Manhattan
A full-floor rental of New York’s Pierre Hotel that was listed for $500,000 a month has found a tenant, according to the listing agents.