MIAMI BEACH, Fla., October 22, 2019 (Newswire.com) - With the looming possibility of economic slowdown, some family offices (i.e. investment firms that work for ultra-rich families) in the U.S. are focusing more on hedging their bets in real estate, as compared to exposure to hedge funds. A recently released report on family offices by UBS and Campden Wealth [...]
The world’s wealthy are increasingly on the move. About 108,000 millionaires migrated across borders last year, a 14 percent increase from the prior year, and more than double the level in 2013, according to Johannesburg-based New World Wealth. Australia, U.S. and Canada are the top destinations, according to the research firm, while China and Russia are [...]
Worldwide, price growth is slowing for the prime property market Ultra luxury real estate prices could rise by 5 percent this year in metropolitan Miami, the second-fastest growth rate among 20 global cities, according to Knight Frank and Douglas Elliman. Knight Frank, a global real estate consultant, and brokerage firm Douglas Elliman forecast that prime property [...]
