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Luxury home values to decline across globe this year: Report

Luxury real estate in the world’s major markets will experience difficulties in 2024, according to new research. Real estate firm Savills has predicted that growth in residential capital values ​​in many cities around the world will slow this year and be significantly lower than in 2023. reported by bloomberg. The UK-based brokerage said in a […]

Mercedes debuts $1B luxury tower where apartments cost up to $10M

Mercedes-Benz has debuted a $1 billion luxury residential tower in Dubai, where apartments are expected to cost as much as $10 million each. The luxury car company, dubbed Mercedes-Benz Place, has announced its entry into the real estate industry. Instagram This is being done in collaboration with UAE developer Binghatti. The 65-story building will rise […]

Met police say covert operation has halved luxury watch thefts | Metropolitan police

Scotland Yard has announced that luxury watch robberies have been cut by nearly half in London after undercover police operations carried out in the hope that brands such as Rolex would be targeted by criminals. Metropolitan Police officers roamed the capital's glitziest nightclubs and restaurants, luring would-be robbers by posing with watches worth tens of […]