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Mansion Global Daily: Branded Buildings Reign in Miami, Luxury Sales Stay Strong in Manhattan and More

Mansion Global’s daily round-up of the latest luxury real estate news from around the world

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For High-End Branded Buildings, Miami Reigns

With five luxury brand-affiliated buildings set to open in South Florida by 2021, the sunny region has seemingly become the unofficial home of the branded building, helped in large part by its international buying demographic. Read More

BY THE NUMBERS

TRENDING TODAY

LISTING OF THE DAY

Indoor-Outdoor Living Is Year-Round at This Turnkey Miami Island Beach House

On Fisher Island, an exclusive enclave that lies just three miles off shore of mainlandFlorida, a ground-floor lanai unit in the 10-story Palazzo Del Sol is ready for new residents to move in. Read More

THE INSIDERS

A Home Has to be ‘Future-Proof,’ Explains London Real Estate Broker

Caroline Takla is a London-based buying agent, and the founder and managing partner of London boutique property consultancy The Collection LLP, based in the upscale central London neighborhood of Mayfair. Read More

NEWS BITES

Dubai Property Still a Popular Choice for Foreign Investors Dubai remains one of the top global cities for foreign real estate investment, according to a report from JLL, thanks in part to new regulations improving transparency of transactions. Both Abu Dhabi and Dubai were categorized by JLL as "hybrid cities," defined as mid-sized cities that "benefit from access to large domestic markets," are "durable over the medium term and are among the top real estate investment destinations." Gulf News

Tacoma, Washington, House from ‘10 Things I Hate About You’ Lists for $1.6 Million A five-bedroom, three-and-a-half-bathroom Victorian that served as the Stratford family home in the 1999 film "10 Things I Hate About You" is up for sale in Tacoma, Washington, for an asking price of $1.6 million. The 1907 property features a wraparound balcony (as seen in the movie), original woodwork throughout the interiors, custom hardwood floors, and a hot tub. Prior to hitting the market, it had been owned by the same family for 30 years. Domain

Sweden to Add More Housing Stock Amid Worst Property Downturn Since 2008 Sweden’s government has announced plans to increase property construction in spite of the ongoing price slump in the nation’s housing market. "Looking in the long term, the housing shortage is still very large so there’s still a need to increase construction," said housing minister Peter Eriksson. A dramatic increase in housing starts combined with strict new mortgage rules have contributed to a 10% drop in housing prices from their high point last summer. Bloomberg

All 750 Units at Hong Kong’s Wheelock Apartments Sold Out This Weekend All 750 available apartments at Wheelock & Co’s Malibu Complex at Lohas Park in Hong Kong sold out over the weekend, with average sales prices 5%—or HK$15,000 (US$1,913)— higher on Sunday than on Saturday. "The enthusiastic response received for this project is indicative of the strong buying demand in the market for new property launches," said Sammy Po Siu-ming of Midland Realty. The Malibu development also gained an edge in popularity by posting slightly lower asking prices than other recent launches. South China Morning Post

AROUND NEWS CORP

Coastal is King When it Comes to Queensland’s Property Market [realestate.com.au]

Home Equity Loan Taxes: Watch Out, It's a Whole New World [Realtor.com]

Here’s the Most Expensive Place in America to Raise a Family [MarketWatch]

Elin Nordegren, Tiger Woods’s Ex-Wife, Lists Home for $49.5 Million [The Wall Street Journal]

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