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Real estate

Where the ultra-wealthy spend: New York, city homes and Hermès handbags

March 5, 2020

Knight Frank's 2020 wealth report. Image courtesy of Knight Frank Knight Frank's 2020 wealth report. Image courtesy of Knight Frank

 

By Dianna Dilworth

Luxury real estate buyers are spending their money in cities as opposed to second-home markets in the shadow of an expected global slowdown.

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  1. Kering to acquire jewelry manufacturer Raselli Franco Group
  2. Exclusive Resorts purchases Inspirato for $59M
  3. Louis Vuitton introduces Visionary Journeys Seoul
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Lamborghini heads to French Alps for women-led driving series
  6. Ennismore picks Bangkok site for first-in-region SLS Residences
  7. Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
  8. Follow @LuxuryDaily for the latest in luxury news
  9. Tariffs and their effect on luxury goods: Even the ‘de minimis‘ exemption is no more
  10. Porsche targets Gen Z audience with FaZe Clan partnership
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