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Ultra-Rich and HNWIs

What Does $1M, $5M, $10M, $50M, $100M, $250M Buy, in the world top markets?

An analysis of the world’s top markets for luxury property prices as ranked by prices per square foot not surprisingly reveals a remarkable price variation worldwide. When evaluating this metric in the world’s top ranking global economic hubs, the average price per square foot for luxury sales at the end of 2016 ranged from $685 in…

GLOBAL PARTNERSHIP BETWEEN GREEN PLANET ARCHITECTS AND PROVALTUR

PROVALTUR International Inc., Christie’s Real Estate Luxury Specialist in the Dominican Republic and GREEN PLANET ARCHITECTS, the first global network of sustainable architects, were destined to align one day. This meeting of minds has finally happened! Luxury Real Estate respecting the environment and Sustainable Architecture are inseparable and one cannot exist without the other. The…

KNIGHT FRANK LAUNCHES THE WEALTH REPORT 2017 (11TH EDITION)

  Source MP Group International Australia, 1 March 2017 – Knight Frank, the independent global property consultancy, today launches the 11th edition of The Wealth Report.  The report tracks the growing super-rich population in 125 cities across 89 countries. The number of Ultra-High-Net-Worth Individuals (UHNWIs) – those with USD30m or more in net assets – rose…

US, Canada and European Companies are looking Grand Estates in DR to convert into Corporate Retreats

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Companies are buying large estates with ample acreage and converting them into corporate retreats for networking, brainstorming—and a little quail hunting. Executives are looking for retreats that are real investments, which has fueled sales of luxury homes with ample acreage. Corporate retreats help to solidify a management team or board of directors and enhance its…

5 Must-haves in the Homes of the World’s Richest

Some things never change. Despite heavier mudslinging in the US elections and the daze and confusion from the Brexit vote, the world’s wealthy are not only engrossed with improving their abodes; they’re also buying new ones. Many high-net-worth individuals (HNWI) still evince a strong intent to purchase real estate, according to a report released Thursday…

Year End Review 2016 – My Christmas Letter to You

To Family, Friends, Colleagues and Luxury Agents and Brokers, Well, it’s that time of the year to share with you our family Christmas letter. Your support over this 2016 year is not something I take for granted. The least I can do is treat you as a friend and bring you into our Provaltur/Christies family,…

North America is going to get a new billionaire every 6 days says Credit Suisse

North America can expect to mint a new billionaire every six days for the next five years. That’s according to Credit Suisse’s 2016 global wealth report, which charts the number of millionaires and billionaires around the world, and forecasts trends in global wealth. North America leads the world in billionaire creation, with more than 300…

‘Quality wins’ — Monet’s world auction record is broken in New York

The best result for an Impressionist & Modern Art sale at Christie’s since May 2014 also includes a world auction record for Kandinsky as 20th Century Week total passes $584 million The world auction record for Claude Monet was eclipsed after an epic 14-minute bidding battle in the Impressionist & Modern Art Evening Sale in…

CESAR HERRERA of PROVALTUR INTERNATIONAL INC. designated a Luxury Specialist by Christie’s International Real Estate

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FOR IMMEDIATE RELEASE   CESAR HERRERA of PROVALTUR INTERNATIONAL INC. designated a Luxury Specialist by Christie’s International Real Estate At this two-day educational symposium, industry leaders shared ideas and best practices with agents looking to further excel in the luxury real estate sector   Washington, D.C. (September 23, 2016) – Leading residential real estate associates…