Your Property Insider
Perched atop one of New York City’s earliest surviving skyscrapers, high enough to capture urban views without giving you the sense of flying between clouds, the Skyhouse is a stunning contemporary penthouses designed by David Hotson Architect, in collaboration with interior design studio Ghislaine Viñas Interior Design. Uniquely displaying exemplary design through all of its four levels, […]
The Bryngenäs Castle is a stunning property in Sweden, consisting of both land and water. The castle is perched on a peninsula with a fantastic view of the lake Mjörn. A long avenue leads up to the main building, surrounded by a large park with lawns and rhododendrons. The park also contains a sculpture with […]
Providing its guests with a great opportunity for stargazing, the Elqui Domos Hotel designed by RDM Arquitectura in Vicuña, Chile is a remarkable retreat. The project consists of several single wooden-structured lodges and translucent fabric domes, enabling short-term inhabitants to experience a closer relationship with nature during their holiday. Here is more information provided by the hotel staff regarding […]
Manchester-based interior design practice Curve have completed the refurbishment of the Santa Ponsa Villa project. Completed in 2012, this beautiful family home can be found in Santa Ponsa on the Spanish island of Mallorca. The traditional Spanish style finca was converted and modernised, bringing together 50 brands from 12 different countries to create a contemporary space with an air […]
Authentic, quaint and historic, Penang just got a whole lot hipper with the highly anticipated Macalister Mansion hotel. Opened in late 2012, this eight-room hotel with five restaurants and bars is the first lifestyle oriented ‘residence’ in George Town and pays tribute to Colonel Norman Macalister, the first British Governor of the state in the 1800s. From […]
The Yorkville Penthouse, located in Toronto was designed by Cecconi Simone for a young couple that needed a place to incorporate perfectly the idea of home and business. “This home epitomizes restrained and exquisite contemporary design while being warm, comfortable and welcoming. Located on a half floor, the home has west, north and east exposures.” Black and white, a […]
AMP Capital will use $200 million of new equity raised from investors in its Shopping Centre Fund to help fund the redevelopment of Macquarie Centre in North Ryde into the second biggest mall in Sydney as well as upgrade the Ocean Keys mall in Perth. In October last year, AMP Capital announced it would spend $390 […]
Improving market sentiment, low interest rates and appealing yields were some of the factors that propelled Centuria to set up a listed property trust under the leadership of former Mirvac boss Nick Collishaw, says Centuria chief executive John McBain. Collishaw was appointed to head up the new business division earlier this month and will begin with […]
Investment bank Moelis & Co has lured a handful of wealthy Chinese industrialists into its recently established $500 million property fund as the first wave of significant investor visa applicants take advantage of the government’s cash for residency scheme. According to the advisory firm’s joint managing director in Australia, Andrew Martin, the business is likely […]
Mariner Corporation is making moves to take a second board seat and increase its stake in Becton to 31 per cent. Mariner currently owns 18 per cent of Becton and needs shareholder approval to convert options it holds into shares. It has already requisitioned a meeting of Becton shareholders. Mariner is also making a second formal recommendation […]
Acquisitive private equity group Altis Property Partners has bought the Century Centre located at 18 Smith Street, Parramatta, for $47.5 million from developer Capital Corporation. There are 11,984 square metres of net lettable area and is reported to have a net yield of 9.82 per cent. The A-grade office building completed construction in 1999, but was recently […]
New York City-based architectural practice Voorsanger Architects have designed the Blue Ridge Residence project. The wow factor, two-storey, luxury home can be found near Charlottesville, Virginia, US. According to the architects: “This residence is located on a 200-acre farm in Virginia’s Albermarle County. The views of the pewter-hued Blue Ridge Mountains are organised perpendicularly to the linear movement through […]
Chilean architectural practice UN Arquitectura completed the Rock House project in 2010. The beautiful home is separated into two distinct levels and can be found in Santo Domingo, Chile. According to the architects: “The luxury summer house located in the Santo Domingo beach resort in the central region of Chile, with its Mediterranean and windy climate. “The contemporary property […]
International hotelier Four Seasons has opened a 33-floor luxury hotel at the top of the Guangzhou International Finance Center in China, marking the final completion of the award winning 440m skyscraper designed by Wilkinson Eyre Architects with engineers, Arup. Rising 103-storeys above the Pearl River, the luxury Chinese hotel occupies the top third of the new Guangzhou IFC. Arranged around a […]
Studio Antonio Citterio Patricia Viel and Partners completed the Eden Hotel, opened in February 2012 in Bormio, Italy. The project consists of a series of buildings, characterized by height and narrowness, creating an original visual effect. The units which make up the hotel are individually covered in wood and feature roof shingles, which adds extra originality to their […]
Mirvac is currently sitting on a potential $7 billion merger plan for the smaller rival Australand. The deal would create one of the largest REITs in Australia. Should both parties wish the deal to proceed, the enlarged vehicle would hold one of the most valuable office, industrial, retail and residential portfolios in Australia, including Mirvac’s 8 […]
MacKenzie Capital Management LLC is offering to buy up to 170 ownership units in Empire State Building Associates LLC, which owns the iconic New York skyscraper, for $110,000 a unit, and said it would support a plan to fold the building into a proposed real estate investment trust (REIT), according to regulatory documents filed on […]
Perched atop a hill in Southern California, this newly completed family compound rises above the competition with its dramatic interplay of light and shadow, unparalleled city and ocean views, full spa, and other arresting amenities, earning it the distinction of being named Robb Report’s Ultimate Home 2011. Face Value | When the owner of this 28-bedroom, 40,000-square-foot residence […]
One of Manhattan’s favorite Italian eateries, Il Buco, is offering foodies and skiers a unique opportunity this winter to travel with its staff to Courchevel 1850 in the French Alps for a food-and-wine getaway. From January through March, Il Buco owner Donna Lennard and her husband, Luca Boniciolli, who is a private ski guide, will host groups […]
Harkening back to days when leading Swiss brands would often produce watches in conjunction with major retailers, Patek Philippe is celebrating its unusually long association with Tiffany & Co. with a pair of special-edition watches. A men’s Annual Calendar ($51,500) and a women’s Gondolo ($29,200) mark the fifth anniversary of the opening of the Patek Philippe boutique […]
Situated to the north of the Rocky Cloud Peak at the mid-section of Lianqian Road, Sans Souci Palace is only 500 metres from the CBD centre. The total land area of 109,109 sq m embraces 1,162 apartments in 23 residential buildings that range from 27 to 30 storeys. More than 35% of this is landscaped area. Residents […]
Some two years ago Abacus Property Group and W Property acquired the iconic 350 George Street in a 50/50 joint venture partnership. Located in the dress circle of Sydney’s CBD, abutting Angel Place, the stunning six level heritage building is nestled between Paspaly and the Ivy, backing onto vibrant Ash Street where sophisticated meets cool and café […]
French architects Wilmotte & Associates and interior designer Sybille de Margerie have designed the new Mandarin Oriental Hotel in Paris, France. Source: Contemporist
Dubai on Saturday announced a new development to open the world’s biggest mall and a park larger than London’s Hyde Park. The ruler of the Gulf desert city state, Sheikh Mohammed bin Rashid al-Maktoum, announced the plan for a “new city within Dubai,” according to an official statement, naming it after himself. No cost was […]
According to an online report, home buyers snapped up 1,087 new private homes last month. This is 44% down from the close to 2,000 homes sold in October as the school holiday period dampened sales momentum. Including executive condominiums (ECs), 1,266 homes were sold. Last month, the figure was 2,624 units. Top selling projects for […]
With a stellar track record that includes most recently the delivery of both the flagship Louis Vuitton and Apple store in Sydney’s CBD, as well as the high profile Gowings refurbishment, Built’s brand in the marketplace is synonymous with building quality and delivery excellence. Their residential development in the edgy inner city suburb of Waterloo, George&Allen, showcases creative flair, sympathetic inner city living design and value for […]
Australian hospitality heavyweight Toga Group is planning a joint venture with Singapore-listed Far East Orchard to develop, buy and manage hotels in Australia and New Zealand. Toga and Far East Orchard have signed a non-binding memorandum of understanding to explore the establishment of a joint venture which will initially own Toga’s hotel management business, Toga […]
Loh Lik Peng is planning to bring his edgy Unlisted Collection brand to Sydney in 2014. The Singaporean lawyer turned hotelier and restaurateur has already bought two heritage buildings in the Kensington Lane precinct of the $2 billion Central Park project on Sydney’s Broadway. Formerly Carlton & United Brewery’s administration building and the Clare Hotel, the site […]
More than $40 million worth of 7-Eleven service stations have been snapped up at auctions in Brisbane and Sydney this week. Both auctions attracted crowds and achieved 100 per cent clearance rates. A young private Taiwanese buyer was notably competitive in the purchase of a 1200 square metre station opposite the Gabba cricket ground in Brisbane, […]
The International Monetary Fund warned that the sharp run-up in Hong Kong’s home prices raises the likelihood of an abrupt correction, which could pose a severe risk to the domestic economy. “The property sector is the main source of domestic economic risk,” the IMF said Wednesday in its annual review on the Hong Kong economy. […]
Sydney’s billion-dollar convention and exhibition space will be too cramped and Australia risks losing lucrative global events to rival Asian cities, industry leaders say. The state government announced on Tuesday Darling Harbour’s exhibition and convention centres would be demolished and replaced by 40,000 square metres of ”world class” exhibition space and convention facilities holding more […]
The dreams have taken shape on drawing boards in a rush. Sydney will have a new light rail down George Street, a new convention, exhibition and entertainment precinct near Darling Harbour, and rebuilding at Circular Quay. In the past two weeks, a further $5 billion of proposals have been added to the $8 billion in office, […]
Where can you find a place that has no traffic, clean air, perfect temperatures and can never be spoiled? Michael Jackson chose this area for his famous ranch, Neverland. Demand exceeds the supply of existing properties and zoning does not allow for more development. Still, the prices are a great value with Santa Barbara only 33 […]
As a Philippine property boom gathers pace, even Paris Hilton, Donald Trump and high-fashion house Versace are getting a piece of the action. The good times are into their fourth year, fuelled by steady economic growth, Western firms offshoring jobs to the Philippines, the buying power of millions of Filipinos working abroad and low interest rates. “It […]
Missoni is partnering with Filipino real estate developer Century Properties to design the interior decor and amenity spaces of a condominium building in Manila. Missoni Home is not new to commercial real estate. It designed the Hotel Missoni line with Rezidor Hotel Group, with hotels open or opening in Scotland, Kuwait, Turkey, Omanan and Brazil. It’s the fourth of six […]
Singapore, Hong Kong, Taiwan and South Korea are projected to be the world’s richest economies on a per capita basis by 2050, a study showed. The survey by property giant Knight Frank and Citi Private Bank, reported in Singapore media Wednesday, also showed multi-millionaires in Asia will continue to outnumber those in North America and Western Europe by 2050. […]
Foster + Partners has won a competition to design a 200-metre skyscraper for Lehman Brothers Holdings and partner L&L Holding Company in New York. Located in the heart of New York’s famed Plaza District, 425 Park Avenue will be the first full-block office development on this historic stretch in nearly half a century. The tower […]
The much-anticipated Twelve at Hengshan, A Luxury Collection Hotel, was unveiled last week on Shanghai’s tree-lined Hengshan Road. Twelve at Hengshan is the only five-star luxury hotel within Shanghai’s most romantic and history-filled Hengshan Road neighborhood of chic avenues lined with plane trees imported from France in the early 1900s. Carefully incorporated within the low-rise […]
Australia’s listed real estate sector is braced for a wave of consolidation following GPT Group’s $3 billion bid for the bulk of Australand’s empire. Australand urged unit holders to take no action over the conditional proposal but the move sparked a massive rally in its security price, propelling it 6.3 per cent to $3.21. Banking […]
The new “significant investor” visa is tipped to spur demand in Australian real estate, most notably from wealthy Chinese investors, with predictions of $3.5 billion in new investment every year. The scheme, which requires a $5 million investment in Australia in exchange for permanent residency, has been in effect for just over a week and has […]
Oscar Niemeyer, one of the 20th century’s most important architects, who designed the United Nations building in New York and his country’s futuristic capital of Brasília, died on Wednesday in a hospital in Rio de Janeiro. He was 104. Supreme Federal Court building, Brasilia Niemeyer began his career in Rio de Janeiro in the 1930s […]
Boutique buyers agency firm Rose&Jones, based in Double Bay, deals predominately with high net worths looking to expand their residential property portfolio as well as offshore groups looking to enter the Australian residential or commercial property market. With over 50 years of expertise and an impressive private client base, Stuart Jones talks purchasing trends and […]
Bugatti has just released images and details of a special Bugatti Veyron Grand Sport made by artist Bernar Venet for Art Basel Miami 2012. Venet is an artist who’s long been fascinated with the concept of math and science as represented in art, so he wrapped the car’s exterior and interior with mathematical symbols and equations. The […]
The iconic Californian villa where Brian de Palma shot Scarface is available to rent, for $10,000 a week or $30,000 a month. Fans of legendary Cuban-American gangster Tony Montana, portrayed by Al Pacino in the 1983 movie, will be able to make the most of El Fureidis villa. Located in Coral Gables, Florida in the film, the actual […]
The plans to preserve Ho Tung Gardens have come to a halt as its owner, Hong Kong heiress, Ho Min-kwan, wins fight to demolish grade one historic site, rejecting land exchange and HK$3 billion (US$387,094,392) deal. “The owner has objected and appealed to the chief executive,” development minister Paul Chan told reporters at a press […]
What does a $100,000 stove look like? Swedish appliance maker Electrolux’s Molteni range cooker comes with as many amenities an amateur chef could ever want, need or dream of — including a vacuum packer, fryer and even a food mixer if customers would like one. Each and every range cooker is made to order and […]
Australia’s biggest owner and manager of office properties, Dexus Property Group, is poised to sell its remaining US industrial assets to Chicago-based real estate manager Heitman and the National Pension Service of Korea (NPS). It is understood the portfolio, with a book value of $US541 million, will be sold in separate tranches. Heitman typically acts […]
Sydney’s next big urban renewal project, the $2.5 billion Sydney International Convention, Exhibition & Entertainment Precinct will be developed, built and operated by a consortium headed by Lend Lease. The consortium, which includes HOSTPLUS, Lend Lease subsidiary, Capella Capital, venue manager AEG Ogden and facilities manager, Spotless, became the preferred bidder on Tuesday. NSW Premier […]
Stockland has sold its Clemenger Building to a private investor for $24.2 million. The 5,130 square metre property in the Sydney suburb of St Leonards had a June 30 book value of $20.5 million and has a four star NABERS rating. The sale is in line with the company’s strategy of reweighting its portfolio towards […]
The Gold Coast property market shone this year, comprising the top five most expensive homes sold in Queensland – and three of the top five units. Brisbane only accounted for two dwellings on the list, both apartments in Newstead, according to new information from the Real Estate Institute of Queensland. A three-level waterfront home at […]
Destination Sydney led by Lend Lease with Australian firm HASSELL Studio, Dutch office OMA and Populous (formerly HOK), has been unveiled as the winning consortium for the redevelopment of the Sydney Entertainment Centre, Convention Centre and Exhibition Centre at Darling Harbour. The Sydney International Convention, Exhibition and Entertainment Precinct (SICEEP) press release – issued earlier […]
Project: Stone house Location: Dong Trieu, Vietnam. Architecture and Design: Vo Trong Nghia Architects Photography: Hiroyuki Oki Source: Contemporist
Project: Villa Sapi Location: Lombok Island in Indonesia Architecture: David Lombardi Description according to the rental agents: “Canadian architect David Lombardi’s concept of ‘Function over Form’ leaves Villa Sapi’s guests with a sense of discovery and surprise at every twist and turn, ranging from the traditionally styled, grass-roofed building that houses the main kitchen to […]
Project: Knightsbridge townhouse project Architecture and interior design: Lawson Robb Location: the affluent neighbourhood of Knightsbridge, United Kingdom The luxury British property illustrates the firms ability to provide a multifaceted in-house service that marries architecture and interior design seamlessly, ensuring a competent, smooth and efficient delivery. It further demonstrates knowledge and understanding of listed buildings, ability to maximise space, […]
Project: The Shaker Heights House Location: Cleveland, Ohio USA Architecture: Dimit Architects The project spreads over 7200 square feet. Surrounded by a sea of trees, the house looks spectacular during fall, when the leaves play gently their own swing of decadence. The residence is composed of two wings which unite and form the core of the house, […]
In May 2012, the Federal Government announced that it would introduce a new stream of visa referred to as the ‘Significant Investor Visa’, which would provide high net worth individuals with the ability to apply for an Australian visa and ultimately permanent residence on the basis of a minimum investment in Australia of $5 million. […]
If not good times, these are at least better times in Wichita, Kan., home of Bombardier Learjet, Cessna Aircraft, and other business-jet and personal-aircraft makers. Here in America’s heartland, two leading private-jet manufacturers are developing and delivering a range of new aircraft that, in most cases, offer superior performance, safety, reliability, efficiency, comfort, and value. […]
You might not guess by looking at it, but the current iteration of Maserati’s luscious Quattroporte dates way back to 2004. The sedan’s evergreen style and handcrafted Ferrari V-8 have kept it relevant in a highly competitive market, but there’s little question that after nine years, Maserati aficionados are ready for a change. Just in time […]
Project: Avenue Marina 3 Location: the slopes of Lion’s Head above Bantry Bay, South Africa (overlooks Sea Point and Robben Island) Interior Design: Antoni Associates Photography: Elsa Young Description according to the interior designers: “The luxury South African house is built on three levels and is geared for entertaining on a grand scale. The lower level accesses the garden and […]
Project: Converted barn with contemporary design. The property is three-storey high and was designed to compliment the rustic style of neighbouring properties. Location: the village of Dalheim, 20 km from Luxembourg Architecture and interior design: STEINMETZDEMEYER Architectes Urbanistes Photography: C. Weber Description according to the architects: “Working in the volume of the original barn which butted up against another […]
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