Luxury Portfolio
Economic insights: November/December 2024
In the real estate industry, it is crucial to stay on top of market trends, of course, but also those of the global economy, which affects not only real estate, but most aspects of daily life. Keep up to date with Luxury Portfolio International here, where Dr. Marci Rossell, chief economist for Leading Real Estate Companies of the World, shares her top five insights from the past month.
Book release: Timothy Corrigan’s ode to living and decorating French style
By LISA KLEIN Timothy Corrigan certainly knows a thing or two about French homes. The interior designer has lived in France part time for decades and has renovated numerous historic properties, both Parisian city dwellings and sprawling country estates. His new book, At Home in France: Inspiration and Style in Town and Country, released last month and his third with Rizzoli, is both a love letter to his adopted home and a detailed account of his latest personal projects: a 19th-century apartment in Paris and an 18th-century château in the Loire Valley.
Global travelers leaning into live entertainment: Hilton
By AMIRAH KEATON American hospitality multinational Hilton is uncovering the forces expected to fuel its industry in the year ahead. The company’s 2025 Trends Report outlines the degree to which travelers are leaning into live entertainment. Among the many shifting preferences taking effect as the post-pandemic leisure travel boom levels out, Hilton’s experts hone in on the surge in booking inquiries related to experiences such as sporting events and concerts in this volume of its annual study, released Sept.
Ultra-wealthy population to balloon 28pc by 2028: report
By ZACH JAMES According to recent findings from data intelligence firm Altrata, the most exclusive sect of affluent individuals in the world welcomed more members to their ranks last year. The World Ultra Wealth Report 2024 showcases the global growth of the ultra-wealthy class, with its population expanding by 7. 6 percent in 2023, reaching 426,330 people and marking a rebound following declines in 2022.
Life in Sofia, Bulgaria, artfully mixes the ancient and modern
By LISA KLEIN An urban oasis that sits under the peaceful watch of the towering Vitosha Mountain, Sofia, Bulgaria, is a vibrant city full of culture. Thousands of years of history has left its mark on the Balkan city, where Roman and Byzantine ruins mix with ancient Ottoman and sleek, modern architecture along its brick-paved streets. Residents can gaze in wonder at the medieval murals in the 13th-century Boyana Church or marvel at the opulent interiors of Aleksander Nevski Church, built between 1882 and 1912 – it’s massive golden dome a national symbol.
50K
Properties marketed annually
550
Brokerages in the network
$55.8B
Current website inventory
$2.5M
Average property value