Luxury Portfolio Vol. 06 Issue 02 - Lillian Montalto

MARKETPLACE || LUXURY PORTFOLIO INTERNATIONAL ®

CHICAGO

LONDON

LONDON, ENGLAND

CHICAGO, ILLINOIS

HIGHEST RECORDED SALE IN LAST 12 MONTHS: U.S. $38,883,000 COMPARED TO LAST YEAR, PRICES ARE: Down PRICE POINT FOR THE TOP 10% OF INVENTORY ACROSS THE MARKET: U.S. $6,500,000+ MOST INTERNATIONAL BUYERS ARE COMING FROM: 35% of the market in Prime Central London is international buyers, with the majority coming from Western Europe, Asia and the Middle East TOP FINANCIAL COMPANIES HEADQUARTERED HERE: Bank of England, London Stock Exchange, London Bullion Market, Lloyd’s of London, HSBC, Barclays and Standard Chartered (additionally, London is host to over 500 banks, including 251 foreign banks) LUXURY BUYERS ARE LOOKING FOR: Imaginative use of design and bolder use of color, moving away from ‘hotel style’ interior design featuring lots of grey and beige interiors that became very prevalent in London a few years ago

HIGHEST RECORDED SALE IN THE LAST 12 MONTHS: U.S. $8,237,629 COMPARED TO LAST YEAR, PRICES ARE: Up PRICE POINT FOR THE TOP 10% OF INVENTORY ACROSS THE MARKET: Average price of U.S. $4,187,343 MOST INTERNATIONAL BUYERS ARE COMING FROM: Foreign nationals with notable activity among Chinese, Southeast Asian and European populations TOP FINANCIAL COMPANIES HEADQUARTERED HERE: CME Group, Citadel, Northern Trust, Aon. Also home to the Chicago Mercantile Exchange and the Board of Trade (CBOT) LUXURY BUYERS ARE LOOKING FOR: New construction, views, gracious and thoughtful floor plans, services (doorman, concierge, errands, in-home dining, coordination/ management of maintaining a home), entertaining spaces (demonstration kitchens, private dining rooms, lounge rooms, outdoor entertaining areas) and large, private outdoor spaces

LUXURY PORTFOLIO MARKET PULSE

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