Hollywood Hills’ Mt. Olympus neighborhood, the ultimate contemporary Hollywood dream home, was sold for $30 million, a record price in the Hollywood Hills for the exclusive Mt. Olympus location. Oscar-nominated film producer and Silicon Valley scion Megan Ellison, whose movies including “Zero Dark Thirty” and “American Hustle,” bought the main three-acre site and adjacent undeveloped … Read more
London (UK), Zurich (Switzerland), Paris (France), and Armação de Búzios (Brazil) are the most sought after locations in the world for investors looking to acquire a hotel, according to LuxuryEstate international real estate agency. Many nationalities are searching beyond their own borders for luxury hotel properties; however, Germany and France tend to look closer to … Read more
The homes of the rich and famous can prove to be a fascinating viewing experience, but even the luxury abodes of Brad Pitt or Charlize Theron can’t compare to these opulent ventures into architectural majesty. They’re the types of houses that people on an interior design course dream of being able to furnish, with the … Read more
Famed actor Robert De Niro and his partners plan to develop a 850,000-square-foot property project on Shanghai’s mean streets. The complex will include a five-star boutique hotel, fine dining by internationally recognized restaurateurs and major retail and cultural institutions in the historic Bund district. The major hospitality, dining and cultural destination – called Project 179 … Read more
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
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