Mansion Global

Global Update: London Rising

News from luxury-home markets around the world

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The view from a $2.8 million, two-bedroom, one-and-a-half bathroom apartment in London, U.K.

CHRISTIE’S INTERNATIONAL REAL ESTATE
The view from a $2.8 million, two-bedroom, one-and-a-half bathroom apartment in London, U.K.
CHRISTIE’S INTERNATIONAL REAL ESTATE

A new report from international real estate consultancy Cluttons finds that home prices in central London are set to rise 18% over the next five years. [PropertyWire] The recently released Ackerman U.S. Real Estate Industry Outlook Survey has found that industry insiders are eyeing Cuba for investment opportunities in the wake of the United States’ evolving relationship with the island nation. [Miami Herald] Mandarin billboards are appearing around Sydney as brokers attempt to market better to Chinese buyers based in Australia. [The Daily Telegraph] Is splendor fit for the sharing economy? Luxury Retreats, an Airbnb for mansions, has raised $11 million in its second round of funding, for a total of $16 million. [Inman] As Vancouver wrestles with the rising cost of real estate, the brokers of British Columbia have made their position known, vigorously opposing any form of transactional tax aimed at speculation or foreign buyers. [BC Business] Your Houston News offers a profile of the Texan city’s vibrant luxury property auction market and how to navigate it. [Your Houston News] A unique marketing plan has aided developers in quickly selling out a 14-story, 118-unit luxury condo tower on Boston’s Fan Pier. [The Boston Globe] The Real Deal breaks down, and maps, last week’s most expensive condo sales in Miami-Dade County. [The Real Deal] Boston.com profiles “East House,” the award-winning and stylish Martha’s Vineyard home designed to be moved in the event of cliff collapse due to erosion. [Boston.com] Betsy Tse of the Hong Kong Economic Journal argues that Asia’s affluent are buying Hong Kong luxury apartments for their investment potential and security amenities. [EJ Insight] Hollywood honcho Jerry Bruckheimer and his wife Linda Sue (Cobb) Balahoutis Bruckheimer have listed their International Style Brentwood Parks home for $14.5 million. The Bruckheimers bought the property in 1985 for $1.865 million, according to Variety. [Variety]View full listing (pictured) Have an update for Mansion Global? Write to us at info@mansionglobal.com

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