Chinas Rich to
Buy $218 Billion Worth of U.S. Real Estate by 2020
Jing Daily As Chinas affluent continue to seek out ways to get
their money out of China, U.S. real estate is seen as a stable
investment thats set to become even more attractive to Chinese
buyers over the next five years. Read more.
For Asian buyers, condo developers
skip more than just 13th floor Boston Globe Bostons
next big skyscraper, the luxurious 61-story One Dalton, being built
in the Back Bay, will feature multimillion-dollar condos and feng
shui design and an extra nod to superstition.
While many American buildings skip the 13th floor on the
elevator panel, the Four Seasons Hotel and private residences at
One Dalton will also omit the 4th and 44th floors. Read more.
Asia-Pacific Wealth Exceeds North America’s for
First Time Bloomberg Private wealth in the
Asia-Pacific region surpassed that of North America for the first
time last year, fueled by stronger economies
and real estate markets, according to a Cap Gemini SA report.
Read more.
Chinese Mogul Dai Zhikang
Says He Is Leaving Real Estate for Art Artnet News
According to a lengthy story in the South China Morning
Post, Chinese real estate impresario Dai Zhikang had made the
bold decision to get out of property investment and look to
investing in the arts. Read more.
DOM PRIGNON P2 FIZZES AT
SOTHEBYS RETAIL The Drinks Business Previously known as
Oenothque, Dom Prignon has rebranded its late-release champagnes
into Plenitudes. P2 is the Second Plnitude in the wines prolonged
ageing process and the wines are released after minimum 12 years of
ageing on the lees. Read more.