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High End Real Estate

Luxury hotel to be built on RNA Showgrounds site
www.heraldsun.com.au

Yesterday, the Brisbane City Council approved plans for the conversion of an Albert St office tower in the CBD into a high end hotel. Singapore-based Frasers Hospitality bought the 19-storey tower last year and it will be converted into a 239-room 4 or …

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Luxury real estate market strong in foothills
www.westernwheel.com

According to the Calgary Real Estate Board, there are currently 61 active listings over $1.5 million in the MD. Mary-Ann Mears, managing broker with Sotheby's International Realty Canada in Calgary, said the high–end home market in the MD has been …

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Risanamento investor drops challenge against assets sale-source
www.reuters.com

MILAN, March 5 (Reuters) – Risanamento investor Luigi Zunino has dropped a legal action against a vital sale of the Italian real estate group's Paris assets, a source with knowledge of the matter said. The planned sale to UK-based fund Chelsfield …

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Saks Fifth Avenue renews interest in India's luxury market
www.livemint.com

Saks's senior vice-president of international business ventures David Pilnick, who was accompanied by other senior managers of the retail store chain, met real estate developers, consultants and retailers in Delhi and Mumbai on the visit, according to …

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Real estate industry positive over flood insurance changes
www.heraldtribune.com

Buyers and sellers of Southwest Florida real estate are applauding a plan to scale back a federal flood insurance law that critics said has caused premiums to soar for thousands of area homeowners. … “I know at least three offers were affected and …

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Boom town: There's no end in sight to new, upscale apartments downtown, but …
host.madison.com

Some real estate insiders and lenders are wondering whether Madison might be getting ahead of itself in the number of new luxury units. At the same time, affordable housing advocates are raising red flags about soaring rents as older buildings are …

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Offices of all sizes benefit from luxury incentives
www.rebonline.com.au

“The study tour will allow our sales specialists the chance to view first hand one of the world's most dynamic real estate markets and to network while enjoying fun and unique Dubai experiences,” Mr Hyde said. LJ Hooker is also offering top performers …

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Sales are smokin' at Downey BBQ grill maker Lynx
news.gnom.es

“Anecdotally, we are seeing some outstanding high–end market growth numbers,” said Don Johnson, director of market research for the Hearth, Patio & Barbecue Assn. “And Lynx is a very high–end grill.” The consumer with money to burn is Lynx's focus …

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REITs' Wallets To Remain Wide Open in 2014
www.costar.com

Also projecting as big spenders this year with plans to buy or build more than $1 billion worth of real estate were AvalonBay Communities and Digital Realty Trust at $1.5 billion and $1.2 billion respectively. For both REITs, the biggest chunk of those …

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