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ISSUE TWO 2010

____Global Capital Flows


____Green Mind
____The Best Places on Earth to Eat
____Is the Only Way Up?
____360°
____Going Going Gone
____Next Stop Morocco
____Inner Beauty
____Exquisite Properties
Although every effort has been made to ensure that the
information contained in this publication is accurate there is
no guarantee that the information does not contain any errors
and there is no acceptance of any liability to the readers for
any losses caused or suffered as a result of any such errors.
The information contained within this publication should not be
taken as investment advice and there can be no acceptance
of any liability to the readers for any losses caused or suffered
as a result of any information contained within this publication.
All rights reserved. No part of the publication may be
reproduced, stored in a retrieval system or transmitted in
any form or by any means without prior written permission
unless expressly permitted or required by law.

Any enquiries concerning reproduction of the information


contained within this publication should be sent to
enquiries@inonthenet.com

Property Misdescriptions Act 1991: It is recommended that if


readers are interested in a property or development advertised,
written about or referred to within this publication they contact
the person specified in the relevant article or advertisement.
The contact will be able to answer specific questions about that
property or development or, alternatively, will be able to put you
in contact with someone that can. The contact will also be able
to confirm whether the relevant property or development is
under offer at the time of speaking.

Please note that, in particular, all descriptions, dimensions,


references to the condition of, permissions for the use and
occupation of and other details relating to the properties or
developments referred to in this publication are provisional
at the time of publication. Any readers interested in any of
the properties or developments referred to in this publication
should not consider these details to be a statement of fact and
should satisfy themselves as to the suitability of that property
or development by inspecting it directly. Accordingly, there
is no acceptance of any liability to readers for losses caused
or suffered as a result of any reliance on any information or
descriptions contained within this publication.
1

The IN_Team
EDITOR
Sarah Anderson
EDITORIAL TEAM
Julian Jakobi
Jonathan Seal
DESIGN AND ART DIRECTION
Smith & Milton
PRINTED BY
A&R Associates
WEBSITE
www.INonthenet.com
WELCOME
IN_TO
A WELL
PRIMED WORLD

IN_MAGAZINE
3

Welcome to
...your window into
the very best the
world has to offer.
Wherever it is in the world that
you may be sitting and reading
this magazine you will, in some
way, have been touched by the
global economic downturn over
the last two years.

As we go to print at the start of the second decade


of the second millennium, we are beginning to see
clear signs of economic recovery in many regions, and
although this recovery is slow, it is real.

Regardless of economic cycles, one thing of which


you can always be sure is that in all markets – whether
it’s residential property or any other – true quality will
always shine through.

I hope you enjoy the latest edition of IN_.

Sarah Anderson
EDITOR

EDITORIAL ADVISORY TEAM


Julian Jakobi
Julian Jakobi has spent over 30
years in the sports marketing
business, successfully managing
the careers of many iconic
figures, such as Bjorn Borg, Nick
Faldo, and Formula 1 world
champions Ayrton Senna, Jacques Villeneuve and
Alain Prost amongst others. Julian’s role is to manage
and guide the careers of these highly talented
individuals, developing their careers and offering
advice on every aspect of a professional sports career,
from contractual negotiations to PR management
and specialist financial planning.

Jonathan Seal
Jonathan Seal has unrivalled
experience of the international
property market, having spent a
number of years as a director of
some of the most internationally
renowned and recognised resi-
dential property companies in the world. Jonathan is
now in charge of global super prime residential at
the world’s largest real estate advisory firm,
CB Richard Ellis, a world-wide team that has the
experience and scope to offer advice on every step
of the development process.
IN_side

IN_ primeur
GOING, GOING, GONE
BY JAMIE RITCHIE

Is wine a good investment or should


we just drink it?

IN_vestment IN_sight
GLOBAL CAPITAL FLOWS 360º
BY NICK JOPLING BY DR. DAVID FISCHER

Analysts around the globe are increasingly being What is architecture if


pushed to identify the best opportunities to come not fluid, evolving with
out of the downturn. And with such a seismic shift the times, reflecting the
in asset valuations, opportunities are definitely out changing needs and
there for the careful investor. trends of communities?

IN_the know
THE BEST PLACES
ON EARTH TO EAT
THE S.PELLEGRINO WORLD’S 50 BEST RESTAURANTS

The world’s 50 best restaurants as voted for by 806


chefs, restaurateurs, food writers, and restaurant critics.

IN_MAGAZINE
5

IN_sight
NEXT STOP
MOROCCO?
BY GABI WOOLGAR

Morocco ticks all the boxes


for the investor – is now the
time to take the plunge?

IN_finance
IS THE ONLY WAY UP?
BY HUGH GREENHALGH

The signs are looking good – the world’s economy


seems to be finding its feet once again.
Or so we hope.

IN_vogue
GREEN MIND
IN_transit BY GABI WOOLGAR

A PORSCHE FOR Nurturing nature is the name of the


THE FAMILY game for successful luxury eco-resorts –
ADVERTORIAL a blueprint for success which could allow
us all to holiday without costing the earth.
The new Porsche Panamera
challenges convention, blending
extreme comfort and practicality
with the raw performance and
innate connection with the
road you anticipate from a
Porsche sports car.

IN_teriors
INNER BEAUTY
DESIGNER DESTINATIONS

Leading British interior designer,


Helen Green, has established a reputation
for creating elegant, modern classic EXQUISITE
interiors for international private clients, PROPERTIES
prestigious developments, five-star hotels BY JONATHAN SEAL
and spas both in the UK and abroad. Jonathan Seal introduces a selection
of properties from around the world.

Around the world in 56 pages


IN_vestment

(5,>7967,9;@
05=,:;4,5;
67769;<50;@

IN_MAGAZINE
BY NICK JOPLING 7
IN_vestment

75%
FOLLOWING IN THE FOOTSTEPS OF MAJOR INSTITUTIONAL
PROPERTY INVESTORS DOESN’T SEEM AN OVERLY SENSIBLE
COURSE OF ACTION THESE DAYS. THE CREDIT CRUNCH HAS
The FTSE 100, Nasdaq and Hang Seng have climbed by LED MANY TO QUESTION THE PERCEIVED WISDOM OF BIG
an average of more than 75 per cent since March 2009.
NAME PENSION FUNDS, SOVEREIGN WEALTH AND PRIVATE EQUITY
FIRMS, AND WITH GOOD REASON. HOWEVER, LESSONS HAVE
House prices fell from peak to trough by as much as BEEN LEARNT AND THE AVERAGE PRIVATE INVESTOR COULD DO
50 per cent in parts of the US.
WORSE THAN FOLLOW THEIR LEAD – YOU CAN REST ASSURED THAT
SERIOUS INSTITUTIONS CAN ILL AFFORD TO GET IT WRONG AGAIN.

50% Which is why residential property investment has


all the hallmarks of a genuine opportunity. After all,
unlike other property classes, everybody needs a
roof over their head whether they are owners or
renters. In the United States, multi-family housing
and federal home loan mortgage corporation
(Freddie Mac), this has not gone unnoticed by
investors elsewhere. They are attracted to its stable
income flows and low correlation with the
performance of equities and other property types.
(private rented residential property that is attractive to Given that the economic downturn unravelled on the
institutional investors) was the only property sector to back of weakness in the residential sector, it may
retain a steady (albeit reduced) volume of capital seem an odd place to seek new fortunes. However,
market activity by institutions through the downturn. the sector is well-placed to perform well over the next
Aided by the cheaper debt markets provided by the business cycle.
federal national mortgage association (Fannie Mae)

IN_MAGAZINE
9

CHANGING FORTUNES OUTSIDE THE UNITED STATES, MOST NORTHERN


The wave of property market downturns has missed
few locations in its wake, with values tumbling across EUROPEAN COUNTRIES HAVE A ROBUST PROFESSIONAL
the globe. This is certainly the case for residential RESIDENTIAL INVESTMENT SECTOR, WHERE MUCH OF
property, where house prices fell from peak to trough
THAT WHICH IS NOT HELD IN PUBLIC HANDS IS OWNED
by as much as 50 per cent in parts of the US with
double digit falls elsewhere. BY EUROPEAN AND US FUNDS.
Although it is not quite true that ‘what goes down
must come up’ with respect to property markets,
there has been a palpable shift over the past nine
months with respect to global economic fortunes.
Increasingly, the news stories of doom and gloom
are being replaced by evidence of business activity OPPORTUNITIES ABOUND ALL DRESSED UP,
beginning to return. Elsewhere, the size of the United States institutional BUT NOTHING TO BUY
This new-found optimism is permeating markets residential investment market simply dwarfs all There is no shortage of institutions the world over
the world over, with the FTSE 100, Nasdaq and Hang others, currently estimated to be worth roughly looking to invest in good quality, well let residential
Seng climbing by an average of more than 75 per $500 billion. Its scale and relative liquidity also help property of scale, not least because residential
cent since early March 2009. Investors have clearly to make it a particularly attractive opportunity. US values correlate more closely to wages than most
decided that the worst is behind us and now is the analysts have noted a significant influx of new capital other asset classes. This correlation is important
time to place bets on opportunities that are coming from the Middle East and China, and interest from as wages growth is linked to pensions: the largest
out of the global repricing of shares. Canadian and Western European funds. It is certainly liability for many institutions. It is not inconceivable
This renewed activity means that analysts around not a feeding frenzy, but a strong endorsement that that the lack of suitable stock may be the catalyst
the globe are increasingly being pushed to identify the sector is now recognised for its diversification to some countries developing purpose built pro-
the best opportunities to emerge from the downturn. potential in a balanced property investment portfolio. perties to meet both their investment needs and
And with such a seismic shift in asset valuations, Outside the United States, most Northern tenant demand.
opportunities are definitely out there for the careful European countries have a robust professional Established European markets should tap
investor. residential investment sector, where much of that some of this demand. There are good opportunities
Institutional residential investment is not a new which is not held in public hands is owned by to acquire stock, in Scandinavia, Germany, the
phenomenon. But in the UK there is a paltry volume of European and US funds. The Chinese have been Netherlands and Spain. To take advantage, sellers in
residential investment held by institutions compared reluctant to consider these markets – which may these markets must recognise that the purse strings
with other Northern European and US markets. This have more to do with language barriers and a may no longer be held in their own backyard, but
is an anomaly which investors in the UK are actively lack of familiarity with European markets than perhaps a little further afield.
trying to put right. any meaningful investment considerations – but As for individuals seeking their own property
The UK Government has been working with the residential property remains a strong opportunity fortunes, they could do worse than to follow the lead
property industry to create an attractive proposition for a number of Europeans seeking fresh pools of the major institutions. Residential may not be the
for institutional investment to develop capacity in of money. Middle Eastern funds have generally darling of the property investment community that
the private rented sector. This could become a great been far more confident about European markets, it was a few years ago, but fresh opportunities are
example of the way residential investment is now an although they are naturally drawn to the major emerging in the new business cycle.
international opportunity for serious market players. centres such as Berlin, Paris, Madrid and London.

PEAK TO TROUGH RESIDENTIAL VALUES


% CHANGE DATES
US - 31.4% Q1 2006 – Q1 2009
UK -19% Q3 2007 – Q1 2009
Sweden -7% Q3 2008 – Q1 2009
France -11% Q1/2 2008 – Q2 2009
Germany -20% March 2007 – April 2009
Netherlands -11% Q3 2008 – Q1 2009
Spain -9% Q1 2008 – Q2 2009
Source: Economist

Middle Eastern funds have generally been confident about


European markets and are drawn to the major centres such as
Berlin, Paris, Madrid and London.
IN_transit

IN_MAGAZINE
11

Porsche Panamera
When it was first announced in
2007, the four-seater Panamera
seemed a distant promise with
only a concept sketch to hint at
its potential. It is now on sale and,
as you would expect with a new
Porsche, it challenges convention
and has sparked debate. One
thing however is clear, it is the
four seater you would expect MODEL ENGINE PERFORMANCE
Porsche to build. Panamera S* 4.8-litre V8 engine Top speed: 177mph, 0–62 mph in 5.6 seconds
400 hp at 6,500 rpm
Panamera 4S 4.8-litre V8 engine Top speed: 175mph, 0–62 mph in 5.0 seconds
400 hp at 6,500 rpm
Panamera Turbo 4.8-litre twin-turbo V8 engine Top speed: 188mph, 0–62 mph in 4.2 seconds
500 hp at 6,000 rpm
*Manual gearbox.

The Panamera is unique. It has been designed by view mirrors. Internally the sloping centre console is engine which delivers 400 hp at 6,500 rpm with a
a Porsche team that did not consider convention; a direct translation, flowing from front to rear where maximum torque of 500 Nm. In the Panamera Turbo,
their mission was to build the best car they could. it integrates with the rear seat to create two clearly the 4.8-litre twin-turbo delivers 500 hp at 6,000 rpm
Consequently, the Panamera is highly individual defined seating spaces in the back. and produces a maximum torque of 700 Nm. The
with a unique appeal to a wide range of drivers. It is This clearly defined space for each passenger is Panamera S harnesses this power via a 6-speed
a package that blends luxurious comfort for four, a key part of the Panamera concept. With all Porsche manual transmission as standard, while the 4S and
useable power and a flexible loading space models, designers strive to make the driver feel part Turbo have the Porsche Doppelkupplung (PDK)
without the compromise of height. The low centre of the car but in the Panamera this is taken a step dualclutch transmission as standard. Each Panamera
of gravity and lightweight design combine with further. Its unique space concept means that all variant offers stunning, sports car performance.
raw performance to offer drivers an exhilarating four passengers feel like they are in the driving seat Key to the appeal of the Panamera is its intel-
driving experience. – it’s just that only one driver has a steering wheel. ligent, lightweight design. Weighing in at 1,770kg, the
Built at Porsche’s Leipzig factory, birthplace to The Panamera’s space concept also extends to the Panamera S is lighter than many two-seater sports
both Cayenne and Carrera GT, it has similarities with flexible luggage space which can adapt to the needs cars and this low weight translates into traditional
both. Like Cayenne, the introduction of Panamera of almost any journey. The boot itself can hold up Porsche virtues – performance, handling and braking.
is a move into a completely new area of the to 445 litres but the tailgate and folding rear seats The new Porsche Panamera challenges con-
automotive market for Porsche and is a similarly make an almost level cargo floor, increasing the vention. It blends extreme comfort and practicality
unique proposition. The similarities with the Carrera load space to 1,263 litres – the key benefits of with the raw performance and innate connection
GT are more visually obvious, with many styling cues a high performance estate but without the height with the road you anticipate from a Porsche sports
taken from what was a showcase for Porsche design and weight. car. It is undoubtedly the four seater you expected
and engineering. Externally these are particularly Each Panamera is powered by a front-mounted Porsche to build.
evident at the front of the car, in the muscular wheel V8 engine with Direct Fuel Injection (DFI) technology.
arches, low tapering bonnet, air intakes and rear- The Panamera S and 4S share the same 4.8-litre
IN_vogue

IN_MAGAZINE
(;75$9$*$1&(238/(1&( There’s a new breed of developer who is responding to
13
their clients’ increasing awareness that, yes, they still want
/8;85<6,03/<7+(%(67%5($.<28 a high standard of accommodation and lifestyle in their
+$'(9(5(;3(5,(1&(' chosen luxury hideaway, but not at the expense of the
surrounding environment.

(;75$9$*$1&(238/(1&( Mistakes made in Thailand, and particularly on the


mainland at resorts like Pattaya, have afforded developers
/8;85<²%8712::,7+$ in upcoming markets in Asia the opportunity to take a hard
&216&,(1&(620(7+,1*6 look at alternatives to high-impact developments.

67$<7+(6$0(%87620(7+,1*6 And, interestingly, by reverting to traditional building


techniques, the environment is cherished, addressing
7+$1.)8//<&+$1*( in turn the more modern-day concerns for reducing
emissions and lessening carbon footprints.

*5((1²7+(1(:'(),1,7,212)
A NEW BREED OF ENVIRONMENTALLY
/8;85</,9,1*%<*$%,:22/*$5 FRIENDLY BUILDING
Stricter controls are creating a new breed of environment-
ally friendly buildings. Developers with the future of the
community at their heart, intent on not degrading their
surroundings and in some cases actually improving the
situation by adding to infrastructure and implementing
re-planting schemes, are taking control.
David Simister, Chairman of CB Richard Ellis Thailand
says: “There is an increase in the general awareness of
green issues, particularly among buyers. They’ve realised
that there’s no need to spend their US$3 million on an
ostentatious steel box when an intimate, traditionally
constructed villa, using renewable materials like bamboo,
is much more in keeping with the times and still gives
them the style and privacy they want.”
Previously inaccessible islands on the Thai-Cambodia
border are currently top of the list for eco-development,
with exciting possibilities for imaginative ways of creating
a resort with soul as well as cents. Set in Koh Kood,
Thailand’s fourth-largest island, and next to Koh Chang’s
Marine Natural Park, the Soneva Kiri project opened in
2009. Despite being Thailand’s fourth-largest island, Koh
Kood remains virtually unvisited.
“There are some spectacular rock formations, lush
tropical rainforests and secluded beaches,” says Simister,
who visited it recently. “It’s here that Six Senses Resorts
and Spa Group has chosen to establish one of its most
environmentally sensitive developments to date.”
Six Senses, a hotel group, has one of the longest
ecologically-friendly track records, with previous develop-
ments such as the Six Senses Hideaway in Nha Trang, its
Destination Spa in Naka Yai Island in Phuket, and Soneva
Fushi and Soneva Gili in Maldives. The company’s founder,
Sonu Shivdasani, and wife Eva have masterminded this
drive towards responsible resort development, with their
own eco-driven philosophy at the heart of the company’s
business model. “I set a goal that by 2010 we would be
zero emissions at our key resorts. We can not wait for
governments to tell us how to do it – we as entrepreneurs
need to take the initiative,” says Sonu Shivdasani, CEO and
Chairman, Six Senses Resorts and Spas.
“Soneva Kiri now goes far beyond even Six Senses
Destination Spa in Naka Yai in its efforts to minimise its
carbon footprint,” observes Simister.
It features an experimental, ecologically sustainable
villa, constructed entirely of materials sourced on the
island, yet still offers visitors their own spa pool, wine
cellar and the chance to swim in pure rain water – so it
has all the right environmental plaudits, combining style
with a minimum carbon footprint.
IN_vogue ´,0$*,1(
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Song Saa

7+(5($5(758/<,1129$7,9()($785(66(:1,172
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522)3529,',1*$1$785$/&22/,1*(/(0(17²
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Koh Rong
6<03$7+(7,&86(2)67((/$1'&(0(17

There are even some near fantasy elements to the Kood is possibly the hottest-selling Thai villa project consultants – Scott Wilson Engineers, MAP Architects
development, such as a children’s den built entirely priced over US$3 million per villa, outperforming and CB Richard Ellis as property consultant. The
from bamboo and shaped as a gigantic manta ray conventional villas in the same price sector,” he says. island is to become “Asia’s first environmentally
suspended high above the forest with magnificent For adventurous investors looking to buy planned island”. Provisions will be made to sustain
views over the bay – a lightness of touch rarely seen a slice of undiscovered bliss, Cambodia is fast the existing working lives of the local inhabitants with
in eco-resorts of the past. becoming the country of choice. It has an extremely additional income to supplement their traditional
young population, keen to have their slice of the fishing and new jobs within the resort industry.
A WINNING STRATEGY prosperity, and is only now starting to emerge as “We are very conscious of our responsibilities as
It’s the delivery of a complete getaway lifestyle com- a serious white sand tourism destination. Previous a lead consultant to create a sustainable and ethical
bined with a non-compromising standard of natural tourism focused almost exclusively on Angkor Wat, approach to the development of one of Southeast
luxury, served with a twist of green, that makes the a World Heritage site. Asia’s most beautiful locations”, says Simister.
Six Senses strategy such a winner. One of Cambodia’s most beautiful islands is Koh
There is a catch, however, to this kind of Rong, situated 13 miles off the coast of Sihanoukville. UNSPOILT PERFECTION
commercial idealism – returning to environmentally Today the island is home to a fishing community of Far-sighted decisions, such as mandatory low
sustainable sources as a primary building material 1,500 living in four villages. There are 28 beaches, densities and use of sustainable and replenishable
is not necessarily a cheap option. Each resort must and a sublime six kilometre crescent-shaped sweep building materials, will be on the cards too, en-
be created to fit the individual needs of each new of crystal-white sand, with scarcely a footprint to be couraging the long-term survival of Koh Rong’s
location rather than conforming to a “one size fits all” found, carbon or otherwise. pristine splendour – which, after all, is its râison d’être
more economic approach. The type of pioneering There are obstacles of course, not least limited as a unique offering to purchasers looking for un-
design used is bespoke rather than mass produced, capital for development. Despite this, its biggest spoilt perfection for their villa’s location.
all adding to the bottom line. However, the long- and best resource – its gentle, spiritual people and Gulleys on either side of the roads will channel
term returns for an investor interested in buying beautiful lands – are just beginning to realise their rainwater which would otherwise go to waste. The
into this green revolution are manifold – not least in potential, and the opportunity to match Thailand’s study team have advised that a bamboo plantation
terms of saving the planet. more established resorts is surely a possibility. should be grown, which would be self-replenishing,
According to Simister, the financial rewards could Koh Rong is already attracting considerable cut down on transportation costs and reduce the
be substantial too, if the model provided by a Thai interest from environmentally sensitive developers, use of felled hardwoods; all reducing carbon
green resort is anything to go by. “Looking back at keen to institute a new kind of resort that works emissions and footprints.
2009, a year when people have been carefully re- in harmony with its surroundings. An environmental Nestled in the lee of Koh Rong, the endearingly
appraising their buy decisions, it appears that Koh impact study is underway with a team of international named Sweetheart Islands (Song Saa) – so named

IN_MAGAZINE
The children’s den at Koh Kood: 15
The structure and roof are made of
bamboo and the interior is made
from local river red gum wood

by locals because the collection of tiny isles appear within the first six weeks. “We believe the success
The children’s den at Koh Kood: With its manta ray
to be cuddling up to each other – are also high on of Song Saa’s eco-development model will be inspired dome, perched in an elevated position, the
the list for sensitive development. replicated on a larger scale in future develop- building appears to launch itself into the bay
An Australian developer, Brocon Group, ments along Cambodia’s coastline and in Koh Rong,”
appointed CB Richard Ellis to launch a ground- says Simister.
breaking environmentally sensitive luxury resort
comprising 20 villas, of which 14 over-water and A MARRIAGE BETWEEN COMMERCIAL
jungle villas are available for private ownership, which AND ENVIRONMENTAL
is due for completion in the first half of 2011. It is this marriage between an environmentally
“Song Saa will really be at the top end of the beneficial concept and a commercially sound project
market for luxury resorts in Cambodia and will that perhaps defines successful eco-tourism. The
offer the unique experience of an exclusive private luxury market may want their rainwater spa but
island hideaway. Imagine Thailand 40 years ago they don’t want to have to collect the water them-
and you get an idea of the potential of Cambodia’s selves – it’s conscience tourism without any huge
islands,” says Song Saa’s founder, Rory Hunter. personal effort.
Brocon has taken innovative steps to preserve There are several areas where forward-thinking
China Hong Kong to
the islands’ unique natural bounty and has also developers and resorts are taking a green lead, Silhanoukville
2.5 hours
Laos
established Cambodia’s first fully policed and in particular power consumption. This is an area
privately funded marine protected area around the where technology can harness natural resources,
islands’ reefs, safeguarding the coral’s rich eco- making the most of the sun-soaked climate. Solar Thailand
Bangkok to
system, home to some of the largest remaining panels heat water, cutting out the need for polluting Silhanoukville
1 hour
Vietnam
populations of seahorses in the world. “We employ a fossil fuels. Cambodia
ngg Saa
Song
n S
Sa
full-time marine biologist to monitor the health of the Nurturing nature is the name of the game for Island
Is
slan
nd
n d
Resortt
reefs,” says Hunter, “which is great for the environ- successful luxury eco-resorts – a blueprint for suc-
ment and the islands’ indigenous community, but cess which could allow us all to holiday without
Koh Rong Island:
also has the added attraction of having an expert on costing the earth. 30 miles from the
coast of Cambodia
hand to take guests out for diving excursions.” Malaysia

Song Saa is the first project in Cambodia to be Singapore to


Silhanoukville

internationally launched, with 85 per cent of units sold 1.5 hours


IN_the know
17

THE
S.PELLEGRINO WORLD’S
50 BEST RESTAURANTS LIST
IS DECIDED PURELY ON THE
VOTES OF A LARGE PANEL
OF WELL-RESPECTED
INTERNATIONAL JUDGES.

This comprises 806 chefs, restaurateurs, food writers


and restaurant critics, a third of whom did not vote in
the previous year.
The 2009 awards included a further 50 restaur-
ants, enlarging the list to 100 in total. The year also
sees the emergence of a Regional Winners award,
highlighting the best around the globe. For the fourth
year in a row Ferran Adrià’s El Bulli has topped the
worldwide poll of 806 chefs, critics and other industry
experts, whilst Heston Blumenthal’s The Fat Duck
retains second place. Below these perennial favour-
ites, however, it’s all change in the eighth annual listing
of the S.Pellegrino World’s 50 Best Restaurants.
Copenhagen’s Noma restaurant, with its youthful
head chef Rene Redzepi, ranks third, making an
exciting addition to the world’s greatest chefs trinity.
Noma, which rises seven places, also takes this year’s
Chef’s Choice Award. After all of the votes had been
counted and the top 50 restaurants established, the
head chefs of these extraordinary establishments
were asked to nominate the restaurant which they
considered to be the best in the world. It is the ultimate
honour Redzepi’s peers can bestow.
Last year’s Chef’s Choice, Mugaritz, retains its
highest-ever position at number four, whilst another
Spanish restaurant, El Celler de Can Roca, rises a
staggering 21 places to fifth, making it 2009’s highest
climber. With the eponymous restaurant Arzak in the
eighth position, Spain can claim more restaurants at
the very top echelons of the list than any other country.
IN_the know No32
Oaxen
Skargardskrog.
Stockholm, Sweden

No1
El Bulli
Roses, Spain

No6
Per Se
New York, USA

o
N 1
El Bulli
Cala Montjoi, Ap. 30 17480,
Roses, Girona.
Tel +34 972 150 457
www.elbulli.com

No 2
The Fat Duck
High Street, Bray,
Berkshire. SL6 2AQ
Tel +44 1628 580 333
www.fatduck.co.uk

No 3 Thomas Keller’s New York restaurant Per Se strikes


sixth position and, with The French Laundry also
well placed on the list this year, Keller is the only
settling at position 13. At Osteria Francescana, chef
Massimo Bottura introduces Italy’s old guard to
Spain’s new wave by taking traditional Italian flav-
Noma
Strandgade 93, 1401 Copenhagen K. restaurateur with two restaurants in the top 50. ours and boldly toying with them. Meanwhile, last
Tel: +45 3296 3297 Perhaps it’s his eagle eye trained on the live video year’s highest new entry Vendôme, with Joachim
www.noma.dk
streamed from the kitchen on the east coast to Wissler at its helm, keeps the momentum going by

No 4
the kitchen in the west that enables such un- rising a very respectable nine places to 25th position.
paralleled excellence to be maintained. In 2009 more new talent has made its mark
Family business, Bras, headed by chef Michel on the list than in previous years. Such rising stars
Bras is the highest-placed French restaurant at and new entries include Steirereck of Austria (30),
Mugaritz seven. France’s culinary heritage and mastery con- New York’s Momofuku Ssam Bar (31), Mirazur in the
Otzazulueta baserria, Aldura aldea
20zk, Errenteria 20100, Gipuzkoa. tinue to draw in a wealth of admirers from across South of France (35), Iggy’s in Singapore (45) and
Near San Sebastian.
Tel +34 943 522 455 the globe as it ties with the USA to score the highest Quay in Australia (46).
www.mugaritz.com number of restaurants on the list, each has eight The growing influence of Japanese chefs on the

No 5
establishments in the top 50. global restaurant scene has also been recognised
A young star, who refused to let a life-threaten- by the voters in the Nespresso World’s 50 Best
ing illness stall his progress, continues to rise Restaurants Academy. Les Créations de Narisawa in
through the ranks. Grant Achatz of Alinea, who was Tokyo is a new entry at 20.
El Celler de Can Roca the highest new entry in 2007, rose 15 places in 2008 Restaurant Mathias Dahlgren, which opened
Can Sunyer, 48 17007, Girona. and this year rises a further 11 places to join the less than two years ago, has won a clutch of awards
Tel +34 972 222 157
www.cellercanroca.com top 10. for its interior design. However, the “natural cuisine”
The highest new entry swoops in from Italy served by this renowned Swedish chef resonates

IN_MAGAZINE
No37 The top 50 19
Le Quartier
Français
Franschhoek,
South Africa Ferran Adrià has topped
the international poll for
the 4th year in a row whilst
Heston Blumenthal’s The
Fat Duck retains 2nd place.

}
just as powerfully with critics and fellow chefs the his is the one guaranteed to break through on 1 El Bulli. Roses, Spain
world over. Already it has gathered enough admirers to the list next year. 2 The Fat Duck. Bray, UK
to find itself awarded a position on the S.Pellegrino One of only two new restaurants to chart in 3 Noma. Copenhagen, Denmark
World’s 50 Best Restaurants list (50th). 2008, the “primitive cooking” of former fire fighter 4 Mugaritz. San Sebastian, Spain
The final new entry, charting at 40, are the Victor Arguinzoniz sees Asador Etxebarri in Spain 5 El Celler de Can Roca. Girona, Spain
rock star chefs from Paris, Le Chateaubriand. continuing to impress chefs and critics alike. In 6 Per Se. New York, USA
7 Bras. Laguiole, France
Undoubtedly the coolest of chefs in France, Inaki complete contrast to the high-tech, gadget-loving
8 Arzak. San Sebastian, Spain
Aizpitarte and his team were accurately tipped for maestros that dominate the top of the chart, this
9 Pierre Gagnaire. Paris, France
the top last year when they were awarded self-taught chef has elevated cooking over an
10 Alinea. Chicago, USA
Breakthrough Restaurant of the Year. open flame to new heights. 11 L’Astrance. Paris, France
The restaurant tipped to break through into the A restaurant’s ranking on the S.Pellegrino 12 The French Laundry. Yountville, USA
top 50 in 2010 is Marcus Wareing at the Berkeley. World’s 50 Best Restaurants list is decided purely 13 Osteria Francescana. Modena, Italy
The newly “released” Marcus Wareing has im- on the votes of a large panel of well-respected inter- 14 St John. London, UK
pressed the world with his skill as a restaurateur as national judges, collectively called the Nespresso 15 Le Bernardin. New York, USA
well as a chef. He so narrowly missed charting in World’s 50 Best Restaurants Academy. 16 Hotel de Ville. Crissier, Switzerland
the top 50 that Restaurant magazine is confident Announced a week prior to the event, the Lifetime 17 Tetsuya’s. Sydney, Australia
that of all the new restaurants ranking 51–100, Achievement award went to Joël Robuchon. 18 L’Atelier de Joël Robuchon. Paris, France
19 Jean Georges. New York, USA
20 Les Créations de Narisawa. Tokyo, Japan
21 Chez Dominique. Helsinki, Finland
22 Ristorante Cracco. Milan, Italy
23 Die Schwarzwaldstube. Baiersbronn, Germany

The final new entry, charting at 40, are the 24


25
D.O.M. Sao Paulo, Brazil
Vendome. Bergisch Gladbach, Germany
rock star chefs from Paris, Le Chateaubriand. 26 Hof van Cleve. Kruishoutem, Belgium

Undoubtedly, the coolest of chefs in France. 27


28
Masa. New York, USA
Gambero Rosso. San Vincenzo, Italy
29 Oud Sluis. Sluis, Netherlands
30 Steirereck. Wien, Austria
31 Momofuku Ssam Bar. New York, USA
32 Oaxen Skargardskrog. Stockholm, Sweden
33 Martin Berasategui. Lasarte-Oria, Spain
34 Nobu. London, UK
35 Mirazur. Menton, France
36 Hakassan. London, UK
37 Le Quartier Français. Franschhoek, South Africa
38 La Colombe. Cape Town, South Africa
39 Asador Etxebarri. AXPE, Spain
40 Le Chateaubriand. Paris, France
41 Daniel. New York, USA
42 Combal Zero. Tivoli, Italy
43 Le Louis XV. Monte Carlo, France
44 Tantris. München, Germany
45 Iggy’s. Singapore
46 Quay. Sydney, Australia
47 Les Ambassadeurs. Paris, France
48 Dal Pescatore. Caneto, Italy
49 Le Calandre. Rubano, Italy

No24 50 Mathias Dahlgren. Stockholm, Sweden

D.O.M.
Sao Paulo, Brazil www.worlds50best.com
IN_the know

Continental
Restaurant
Awards:
The best regional
A C
establishments the
Academy members B
have eaten in around
the world during the F D
E
last 18 months

Best Restaurant in Best Restaurant in Best Restaurant in


EUROPE ASIA NORTH AMERICA
A B C
EL BULLI LES CRÉATIONS DE NARISAWA PER SE
Apartado 30, 17480 Roses en Cala Montjol, Spain 2-6-15 Minami Aoyama, Minato Tokyo, Japan 10 Columbus Circle (at 60th Street),
Tel: +34 972 150 457 Tel: +81 (3) 5785 0799 4th Floor, New York, NY 10019, USA
(after 3pm during the season) Tel: +1 212 823 9335
www.elbulli.com www.narisawa-yoshihiro.com www.perseny.com

Ferran Adrià’s generous willingness to share his Chef Narisawa and Les Créations de Narisawa have In Per Se, Thomas Keller and Jonathan Benno have
knowledge means his influence now spans the been the best-kept secret of Tokyo’s elite gourmands, successfully created an urban interpretation of The
globe. Many of those who have worked with him until now. French Laundry for New York.
have taken his techniques and ideas back to their When he was just 19 years old he packed his Salmon cornet and signature oysters and
part of the world. Maybe this is what drives Adrià to bags for Europe on a mission to learn, and he pearls open the meal at both. Daily menus offer
surpass himself each year, in the knowledge that managed to learn from two of our Lifetime Achieve- nine petite courses of perfectly wrought modern
the people who have worked for him are one day ment winners, Paul Bocuse and Joël Robuchon. US cuisine.
capable of topping this list themselves. Yoshihiro Narisawa has an unorthodox Snake River Farm beef with crispy bone marrow
Ferran Adrià continues to tear up the fine-dining approach to French cuisine. At Les Créations de or spring lamb with butter poached morels deliver
rule book, presenting customers with food that often Narisawa he is pushing new boundaries by cook- an experience that has earnt Per Se the recognition
defies description, and maybe even defies the laws ing with organic soil, charcoal and water. of the academy and the title of Best Restaurant in
of physics, too. With signature dishes such as foie gras with North America.
Although the competition was closer than ever strawberry and lobster flavoured with tomato and
before, the Academy has yet again voted El Bulli as vanilla, followed by a rich chocolate fondant and
Europe’s and the World’s Best Restaurant. rose sorbet, it’s not hard to see why the Academy
has propelled this restaurant so high on the list of
the World’s 50 Best Restaurants.

IN_MAGAZINE
}
51 to 100 51 Zuma. Hong Kong, China
52 Marcus Wareing at the Berkeley. London, UK
53 Spondi. Athens, Greece
76 Restaurant Dieter Muller. Bergisch Gladbach, Germany
77 Geranium. Copenhagen, Denmark
78 Caprice. Hong Kong, China
21

Best restaurants 54 L’Arpege. Paris, France


55 L’Atelier de Joël Robuchon. Hong Kong, China
79 Jardines. Cape Town, South Africa
80 Amador. Langen, Germany
in the world 56 Hibiscus. London, UK 81 Biko. Mexico City, Mexico
57 Aqua. Wolfsburg, Germany 82 L’Atelier de Joel Robuchon Vegas. Las Vegas, USA
58 Le Gavroche. London, UK 83 Fasano. Sao Paulo, Brazil
59 Chez Panisse. Berkeley, USA 84 Mosaic. Bali
60 Les Amis. Singapore 85 Obauer. Werfen, Austria
61 El Poblet. Denia, Spain 86 Alain Ducasse au Plaza Athenee. Paris, France
62 Maison Pic. Valence, France 87 L’Ambroisie. Paris, France
63 Cafe Pushkin. Moscow, Russia 88 Maison Boulud. Beijing, China
64 Le Meurice. Paris, France 89 De Librije. Zwolle, Netherlands
65 Bukhara. New Delhi, India 90 Babbo. New York, USA
66 Varvari. Moscow, Russia 91 Maze. London, UK
67 Schauenstein. Fürstenau, Switzerland 92 Zuma. London, UK
68 RyuGin. Tokyo, Japan 93 Manresa. Los Gatos, USA
69 La Maison Troisgros. Roanne, France 94 Pier. Sydney, Australia
70 Wasabi. Mumbai, India 95 De Karmeliet. Bruges, Belgium
71 The River Café. London, UK 96 Aubergine. Cape Town, South Africa
72 Enoteca Pinchiorri. Florence, Italy 97 Bo Innovation. Hong Kong, China
73 Le Cinq. Paris, France 98 Rust en Vrede. Stellenbosch, South Africa
74 Allegro. Prague, Czech Republic 99 Del Posto. New York, USA
75 Quintessence. Tokyo, Japan 100 Pierre Gagnaire. Dubai, UAE

Best Restaurant in Best Restaurant in Best Restaurant in


SOUTH AMERICA AUSTRALASIA THE MIDDLE EAST AND AFRICA
D E F
D.O.M. TETSUYA’S LE QUARTIER FRANÇAIS
Rua Barao de Capanema, 549 Jardins, 529 Kent Street, Sydney, NSW 2000, Australia 16 Hugenot Road, Franschhoek, 7690,
Sao Paulo 01411-01, Brazil Tel: +61 2 9267 2900 Western Cape, South Africa
Tel: +55 (0)11 3088 0761 Tel: +27 21 876 2151
www.domrestaurante.com.br www.tetsuyas.com www.lequartier.co.za

Atala was a DJ, but thankfully for us, and Sao Paulo, Tetsuya moved to Sydney aged just 22, and under Le Quartier Français is a heavenly rural retreat,
he has left the decks behind to become Brazil’s Tony Bilson he learnt the skills in just 18 months and Margot Jansen runs a restaurant there to match
biggest culinary star by incorporating everyday and that enabled him to open his own restaurant. – the Tasting Room.
obscure ingredients from the heart of the bountiful Today Tetsuya’s specialty is fish and his menu Margot uses seasonal local ingredients, so
Amazon region. has an abundance of Pacific Ocean gems in its visitors can expect to see wildebeest, franschhoek
Truffles and foie gras play supporting roles in 13-course degustation menu. trout or ganzvlei vastrap Cheddar on the menu.
D.O.M. to cambuca fruit, manioc root and tucupi juice. Signature dishes include a confit of petuna According to Eat Out South Africa, there’s a
Atala fuses his classical French training with ocean trout with konbu, daikon and fennel. delightful sense of humour at play in this sen-
native produce with amazing results, and having Tetsuya’s is the best restaurant in Australia, sory journey using seasonal local produce and
opened a second restaurant, Dalva e Dito, in a worthy title in a country with such a burgeoning luxury ingredients such as foie gras, flavours
January, he’s a rising star that Sao Paulo can cherish. restaurant scene. are adventurous.

www.worlds50best.com
IN_finance

IS THE
ONLY
WAY UP?
By Hugo Greenhalgh
The signs are looking good. The equity markets
are rising, commodity prices are increasing and
generally the world’s economy seems to be
finding its feet once again. Or so we hope.

Warnings abound of a W-shaped recession that Figures from RBC Wealth Management back
would send markets back down once again, before up Bobroff’s point. Looking at the impact of being
a sustained recovery later in 2010. Economists – invested in different markets in various different
although somewhat discredited after failing to currencies, the discrepancies are both obvious
accurately predict the events of the last 24 months and shocking. According to their statistics, in the
– argue that the banks are still undercapitalised two years since the credit crunch began at the end
and susceptible to another market shock. of September 2007 until the end of September last
The point? The future is uncertain and every year, if you had been a Japanese yen-based investor
high net worth individual should look at the most in the Russian Micex stock market you would have
efficient means of protecting their portfolios from lost 56 per cent. Brazilian real-based investors in
HUGO GREENHALGH IS any market movement. Russia would have fared almost as badly, seeing
EDITOR OF SPECIAL REPORTS, their investments slump by 45.7 per cent.
MAGAZINES AND WEBSITES, CURRENCY MOVEMENTS Conversely – and there is some good news
AT THE FINANCIAL TIMES This is why investing with one eye on currency fluc- if you play the currency markets well – UK sterling-
tuations is important. As one currency goes up, based investors in Brazil would have seen their
another goes down, and if your portfolio – as is likely investments rise by 35.2 per cent. And remember –
– straddles more than one time zone, it will not just this is even before the impact of movements in the
be the hours that tick by the further you move away stock markets is taken into account, which shows
from home. that not considering which currency you’re invested
“You could be hugely affected by currency move- in can have a major impact on your portfolio.
ments,” explains Adam Bobroff, director of foreign
exchange at Foremost Currency Group. “Look at PORTFOLIO PROTECTION
what has happened recently with sterling against So what can you do if your portfolio is exposed
the euro: there has been a 10 per cent movement. not just to the movements in the price of equities
For a high net worth individual’s portfolio – which and bonds, but is also at the mercy of the currency
might run into many millions – a 10 per cent shift is markets? Simple, explains David Kerns, dealing
a huge impact.” manager at Moneycorp, the foreign exchange

IN_MAGAZINE
THE UPS AND DOWNS 23
OF INVESTING IN THE
GLOBAL ECONOMY.
Between September 2007 and
September 2009:

+35.2% -56%
UK sterling-based investors in Brazil would have seen their If you had been a Japanese yen-based investor in the Russian
investments rise by 35.2 per cent. Micex stock market you would have lost 56 per cent.

-45.7%
Brazilian real-based investors in Russia would have fared almost
as badly, seeing their investments slump by 45.7 per cent.

“Look at what has happened recently with sterling


against the euro: there has been a 10 per cent
movement. For a high net worth individual’s
portfolio – which might run into many millions –
a 10 per cent shift is a huge impact.”
ADAM BOBROFF
DIRECTOR OF FOREIGN EXCHANGE,
FOREMOST CURRENCY GROUP.

specialist, you take out what’s called a “forward future prices notoriously difficult to predict, the But the warning aside, many experts point
contract” to “hedge” – or protect, in this instance – opportunity to guarantee your rate can be hugely to the rise in the commodity markets as a major
against currency risk. beneficial.” trend that will affect currencies in the next 12–18
First, he says, as with everything, you need to Put simply, it is a form of protection against fluc- months. “The commodity currencies [for example,
plan ahead. “Currency markets are in constant fluc- tuations in the currency markets. While you may be the New Zealand dollar, the South African rand
tuation and if you leave a payment to the last minute, losing on the upside – if the currency moves past and the Australian dollar] have been a huge
you will have to accept the rate at the time of transfer the point at which you’ve agreed to set the price – driver of the market over the last three months,”
– whatever that might be,” he explains. “If six months more importantly you’ve protected yourself from explains Bobroff.
ago you knew you had to make a payment in euros the downside of any major falls. Moneycorp’s Kerns agrees. “The Australian and
around this time, but had done nothing to secure For example, explains Foremost’s Bobroff, New Zealand dollars both continue to gain ground
your exchange rate, the payment could now cost “when the pound is looking as vulnerable as it has against sterling as investors seek any obvious
20 per cent more.” been, then you can fix a point on the way up, so interest-rate-yield advantage.”
To avoid situations like this, Kerns continues, when the pound trickles down again, you’ve hedged Avoid the dollar, though, is the general
“you can use a ‘forward contract’, which allows you against it to protect yourself”. consensus. “The US dollar is in a lose–lose sit-
to lock into exchange rates for up to two years Yet while currency fluctuations can certainly uation at the moment,” adds Bobroff. “Many people
ahead”. prove detrimental to your portfolio, they can, of parked their funds there recently as they saw it as a
What this means in practice is that you can course, provide opportunities for canny investors. safe haven, but now as risk comes back into the
fix the price of a particular currency at a particular A word of warning, though: it is a commonly held market, the dollar will weaken as money starts to
time in the future. “Forward contracts can be used view even among the most experienced traders in pour out. It’s the whipping boy of the currency market
to lock into favourable exchange rates, or simply to the City of London that the Forex markets – as they’re this year.”
protect you against adverse currency movements known – are among the most difficult to predict. For high net worth individuals, though, the lesson
– something that is important in today’s volatile Certainly there have been many tales of glory, but is clear: ignore currency fluctuations at your peril.
currency markets. for every George Soros, who reportedly made a Always hedge your assets and – for the more sophis-
“Some people prefer not to commit their entire billion dollars by betting on sterling falling out of the ticated investors – remember that with additional risk
requirement to a forward contract, as they would European Exchange Rate Mechanism in the dark can come the chance of an extra return.
then not benefit from better exchange rates if they days of Black Wednesday, there are many more
did become available in the future. However, with untold stories of traders racking up loss after loss.
BREMONT MBII
The Bremont MBII was designed and built with
the aim of becoming the definitive aviation
chronometer in the market place. Tested and
designed in conjunction with the iconic British
aviation company ‘Martin-Baker’, who are
responsible for supplying 70% of the world’s
air-forces with fighter ejection seat technology,
the watch had to withstand the same rigorous
testing as the seats themselves.These tests
include shock, vibration, temperature extremes,
and sea- fog tests amongst others.

Bremont’s unique rubberised anti-vibration


mount absorbs extreme shocks and the Faraday
cage protects the movement against magnetic
forces. This is the only watch ever to have been
subjected to a live ejection testing program.

www.bremont.com

MBII
IN_sight

IN_MAGAZINE
27
IN_sight

Dr. David Fisher, the architect and creator of the


Dynamic Tower, began his career in Florence,
Italy. He graduated with honours in Architecture
from the University of Florence and later be-
came a lecturer of Architecture and Structural
Engineering at the same university. After his
involvement in restoring ancient monuments
and designing public buildings in Florence, for
the last three decades he has been passionately
creating architecture to exist in harmony with
nature, as well as redefining the technical and
technological extremes of buildings, in major
cities around the world.

RESHAPING ARCHITECTURE
The concept of a building changing shape is completely revolutionary and has fascinated millions all
over the globe. Residents, if they own the entire floor, will be able to control the speed and direction
of the rotation by voice command. They can have breakfast watching the sunrise, lunch viewing
the open sea, and dinner overlooking the lights of the city – all from the same place inside their
unit. Multi-tenanted floors will be commanded by the architect, the mayor or whoever has the
password to the computer program that will give the building a different shape at every glance.
According to the Florentine architect Dr. David Fisher, these buildings will be designed by
all of us, at any given moment. They will be shaped according to our needs, our present
concepts of design and, quite importantly, our moods – as an expression of freedom,
beginning for the first time in history to control the shape of our homes and cities.
“Today’s life is dynamic, so the space we are living in should be dynamic, adjustable
to our needs which change continuously, to our concept of design and to our mood.
Buildings will from now on be part of nature. They will change direction and shape
from spring to summer, from sunrise to sunset, and will adjust themselves to the
weather,” Fisher states. His vision of the future of architecture is: “Designed by Life,
Shaped by Time.”
The Dynamic Tower is the first skyscraper to be entirely assembled in a
factory from pre-fabricated parts. The factory-made construction process
REVOLUTIONARY CONSTRUCTION offers many advantages as with any modern industrial product: conserving

85%
PLANT energy, reducing construction time and cutting costs. Each individual unit is
Dr. David Fisher’s revolutionary
Dynamic Tower is the first PREASSEMBLY completely finished at the factory and exported to the assembly site, ready
skyscraper to be assembled for quick and efficient installation.
entirely in a factory.

15%
SITE POWERED BY THE SUN
INSTALLATION Each module of each unit will be fully equipped with all necessary
plumbing and electric systems plus all finishes from floor to ceiling,
customized according to the owners’ specifications, including
ASSEMBLING PROCESS ADVANTAGES bathrooms, kitchens, lighting and even furniture. The pre-fabricated

30%
FASTER module units are then simply hooked together mechanically and
BUILDING hoisted up the concrete core. Due to their pre-fabrication, these
PROCESS buildings of the future will also be easy to maintain and repair,
making them more durable than any traditional structure.

10%
COST
SAVING

IN_MAGAZINE
The first building in motion which
adds a new dimension to architecture:
29
Time – the rotation speed can be set
between 60 minutes and 24 hours for
one complete revolution.

“DESIGNED BY LIFE,
SHAPED BY TIME”
DR. DAVID FISHER

The Dynamic Tower also takes the concept of “green” buildings to


the next level, generating electricity for itself, making it the first skyscraper THE ROTATING TOWER
designed to be entirely powered by wind and sun.
HAS BEEN ELICITING
ENTHUSIASM ALL OVER
With wind turbines fitted horizontally between each rotating floor, an
80-storey building will have up to 79 wind turbine systems, making it a true
green power plant. While traditional vertical wind turbines have environmental
and social effects, including the need for roads to build and maintain them,
THE WORLD – TIME
plus their noise and obstruction of views, the Dynamic Tower’s wind turbines are MAGAZINE SELECTED
THE DYNAMIC TOWER
practically invisible and extremely quiet due to their special shape and the carbon
fibre material of which they are composed.
Photovoltaic ink is to be placed on each roof of each rotating floor to produce solar
energy. With approximately 20 per cent of each roof exposed to the sun and light, a
AS ONE OF THE BEST
building with 80 roofs equals the roofing space of 10 similar sized buildings. INVENTIONS OF 2008
In addition, natural and recyclable materials including stone, marble, glass and wood are
intended for the interior finishing. Further improving the energy efficiency of the Dynamic Tower,
insulated glass and structural insulating panels are employed. During construction, energy
use is reduced due to the pre-fabrication of the buildings in a factory, versus traditional construct-
ion methods. This results in a cleaner construction site with limited noise, dust, fumes and waste.

2008 WORLD ARCHITECT OF THE YEAR


The rotating tower has been eliciting enthusiasm all over the world – TIME Magazine selected the
Dynamic Tower as one of the Best Inventions of 2008, and Dr. David Fisher received the 2008 World
Architect of the Year award by the Developers and Builders Alliance.
His revolutionary idea is not only going to change the skyline of major capital cities but also our lifestyle
and our idea of real estate as we know it. Here we are not talking about a normal piece of property but an entirely
new commodity. This spectacular and breathtaking building with its bold and elegant design will provoke in all
of us the desire to possess something that goes beyond whatever we have imagined. The magnificent
skyscraper will not only be a successful partnership of luxurious residences and hi-tech offices that will meet
the demands and aspirations of people with the most exquisite tastes and sense of creativity, but its exclusivity
will satiate the global appetite for luxury and uniqueness. This building with its ever-changing views and shape will
satisfy, and quite probably exceed, our ever-changing desires – the Dynamic Tower is a dynamic living space for the
dynamic elite.
IN_primeur

Is wine
a good
investment JAMIE RITCHIE
MULLS IT
OVER WITH A

or should SMALL GLASS


OF MOUTON
ROTHSCHILD

we just
drink it?
IN_MAGAZINE
31

As for what the future holds, I believe the simple laws


of supply and demand tell you all you need to know:

the supply of wine increases by one vintage (young


In 1994, when New York deregulated the sale of wine and not yet drinkable) each year
and allowed wine auctions to take place, they created
a secondary market for wine in the United States, each year supplies of older wines decrease as
which previously did not exist and enabled collectors bottles are consumed (assuming counterfeiters are
to consider wine as an investment rather than just a not a significant factor in creating “new” old wine)
drink, thereby fuelling unprecedented demand from
US buyers over the following 15 years. if wine continues to appeal to both a younger and
wider geographic group, there will be a continued
SO WHERE IS THE MARKET STRONGEST? increase in demand
In 2009 Asian buyers purchased 57 per cent of the
wine sold at Sotheby’s worldwide, and have supply of great wine is (relatively) fixed – the vineyards
purchased more than 80 per cent of the most of these top properties are fully planted and they
valuable lots. If you think this is impressive, in cannot make more wine
Sotheby’s first year of holding wine auctions
in Hong Kong, it is highly likely that we will sell over the long term, demand increases, supply
more wine there this year than in either London remains static at best, prices will inevitably increase
Nowadays, everyone likes to talk about wine as an or New York – it will come as no surprise that I am
alternative investment (our office gets at least five writing this on a Cathay Pacific flight from New York If you like drinking wine (and the Asian buyers do),
enquiries from journalists per week), but this bypasses to Hong Kong! As for regional details, as you would then I would recommend looking out for good value
the fact that wine can enhance so many things in life expect mainland China is leading the way, but not opportunities in the marketplace whenever you see
– great meals with friends, an evening on one’s own, without strong support from Hong Kong, Taiwan, them – a few examples are 1995, 1996, 1998 and
the enjoyment of learning about and visiting different Singapore and Japan. 2001 Bordeaux. If you happen to have to sell them
wine regions being just a few. However, most of all, it So, where is the strength of the market? Bordeaux, down the road, it may not be all bad.
is the enjoyment of sharing wines with friends that is as so often, leads the way for the following reasons: it
Jamie Ritchie has been working for Sotheby’s
driving increased demand and continuing the long- is easy to understand, as there are only two variables
since 1990, starting out as an expert in London
term upward trend in prices, which results in “Investing to match up – brand and vintage (e.g. Château Mouton
and relocating to New York in 1995. He manages
in Wine” being the hot topic it is today. Rothschild 1982); there is sufficient supply (average
Sotheby’s retail and auction wine businesses in both
My own interest in wine started when, at age 18, I production is around 10,000 to 30,000 cases); and
North America and Asia, where he set up Sotheby’s
realised that if I drank a bottle of wine everyday (which it has a great track record of improving as it ages.
Wine Sales in New York (1994) and Hong Kong (2009).
was highly likely) and lived until I was 70 (not that Demand is strongest for the best known of the
ambitious), I would consume 19,000 bottles of wine, first growths, with Château Lafite Rothschild leading Throughout his years with Sotheby’s, his expertise
so I may as well enjoy them. the way, followed by Château Mouton Rothschild – and knowledge of wine played an integral role in
the prices of both these wines are back to trading at the success of many extraordinary sales, and he
DEMAND IS STILL GROWING ON A pre-October 2008 levels, while wines like Château continues to act as auctioneer for Sotheby’s wine
WORLDWIDE BASIS Pétrus are also rebounding strongly. Other top auctions, as well as leading tastings and charity
Despite the natural softening of prices the wine market Bordeaux, such as Château Haut Brion and the auctions around the United States.
experienced following the financial meltdown from super-seconds can look relatively good value in
October to December 2008, the sale and price of comparison.
fine wine has bounced back remarkably strongly
and, from the most recent sales in September
2009, the upward momentum is continuing. There
continues to be enormous growth in new buyers
coming into the wine market, particularly from a
younger demographic group (the average age of
our auction buyer has gone from 60 to 40 years old)
and this is not just from newer wine drinking areas
such as Asia or Russia, but throughout Europe and 80% 57%
the United States.
While it is fair to say that demand is still growing
on a worldwide basis, since January 2009 it is Asian
buyers who are now driving demand, having picked
up the baton dropped by North American buyers, who Asian buyers have purchased more Asian buyers have purchased 57% of the
had been running with it ever since the mid-1990s. than 80% of the most valuable lots. wine Sotheby’s have sold worldwide.
IN_sight

WHERE DOES THE SUN


SHINE FOR MOST OF THE
YEAR, WHERE YOU CAN
SHED YOUR CLOTHES IN
FAVOUR OF SWIMWEAR IN
LESS THAN FOUR HOURS,
FROM PRETTY MUCH
ANYWHERE IN EUROPE?
AND WHERE CAN YOU LOUNGE SIPPING
YOUR MINT TEA, WITH A VIEW OF THE
SAHARA’S SANDS, OR THE MOUNTAINS
OF THE MOST ANCIENT CONTINENT ON
EARTH, SOAKED IN THE SCENTS OF THE
SOUK, FROM THE COMFORT OF YOUR
BRAND NEW VILLA?

IN_MAGAZINE
33

NEXT
STOP
MOROCCO!
Morocco ticks all the boxes for the
investor with an eye on getting a bang
for their buck – and now is the time
to take the plunge. The momentum
is clearly there. In early 2009, King
Mohammed VI’s far-sighted plans
to boost his country’s economy with
the Vision 2010 Tourism Strategy
resulted in Morocco being crowned
the 2009 African Tourism Destination
of the Year at a glittering ceremony
in London. His aim to attract 10
million tourists to the country by
2010 has resulted in a gold rush for
property developers, keen to cash
in on the need to accommodate all
those new visitors, cashed up and
ready to raid the souks. However, like
all things blessed with momentum,
there’s an optimum time to jump on
the bandwagon before it disappears
over the horizon forever – and that
time for Morocco is now.
NEXT
STOP
MOROCCO!

You’ll find golf courses


overlooking the sea, spas,
gallerias and villas with
Marrakesh, Casablanca and
Tangiers on your doorstep.

AN EMERGING AND VIBRANT MARKET Karim Beqqali, Casablanca-based managing


All this is very good news indeed for the would- director of CB Richard Ellis Morocco, has watched
be investor, jaded by the more traditional hotspots the story of Prestigia’s rise to prominence unfold in
around the Med, and previously perhaps wary of in- recent times. “Their huge advantage is that they
vesting in a country that may have been perceived know their market inside out, and are able to snap
as adventurous at best. A stronger infrastructure, up large, prestigious plots at really competitive
with new highways, improved telecommunications, prices. The Prestigia brand is cash-rich thanks to a
banking and provisions for health care and educat- stock market flotation and is eager to enter the high
ion, the infrastructure is approaching completion end of the market with properties starting from
thanks to the king’s vision. All these measures are 250,000 euros.
designed to complement the raft of new high- ”Beautifully designed, on spacious plots in
end residential developments springing up on excellent locations, Prestigia and Palmeraie Deve-
particularly attractive – and here size is everything – lopment residences are selling well locally – so
generously proportioned plots. well that more than 500 villas were snapped up
Some new players have emerged in this vibrant in 10 days during the launching of their recent
market, including Prestigia, Alliances, Palmeraie projects in Casablanca.”
Development and Inveravante as star performers. He continues: “Alliances Golf Resorts also have
These groups have real estate projects planned in great locations at the right price, their strong
the main cities of Morocco (Marrakesh, Casablanca, competitive advantage being that they are able to
Rabat, Tangiers and Fes) and some of them have buy land in fantastic spots at some very good
recently tasked international estate agency conditions for the investors.”
CB Richard Ellis to advise on their high-end and Shrewdly focusing on high-end real estate that
deluxe property developments. ticks all the boxes for potential foreign investors –

IN_MAGAZINE
35

yes, here you’ll find golf courses overlooking the “It will pay dividends to the investor to discover They appeal to a buyer’s desire to build or move
sea, spas, gallerias and villas with Marrakesh, where locals themselves fight to buy property be- into the villa of their dreams, being at one with an
Casablanca and Tangiers on their doorstep – an cause there is a distinct shortage of housing, even exotic countryside, and, in Marrakesh’s case, living
Alliances home in any of their Golf Resorts is set to with the King’s $10 billion investment driving the with the imposing Atlas Mountains as a backdrop.
become a must-have addition to the canny invest- country forward. Buying an apartment in, say, the “They have multifunctional resorts currently
or’s portfolio. The story being sold is that it is possible capital Rabat or Casablanca, and renting it out will under construction, a mixture of developments from
to live exotically, but without sacrificing standards of deliver excellent yield and strong capital gains over city centre apartments to individually designed villas
luxury, decadence, space and quality of materials – the years.” in Marrakesh. They are all highly appealing to those
and for a country that is big on folklore the difference looking for something a little different from the
is that this story is definitely true. NOW IS A GOOD TIME TO CONSIDER norm,” says Beqqali.
An architectural style inspired by Morocco’s rich Beqqali agrees that despite the massive steps “This is absolutely the right moment for such
cultural past is also a draw, making a deluxe taken in raising standards in the last few years, developments in Morocco,” he continues, citing the
Moroccan villa infinitely more refreshing visually than Morocco still remains remarkably undersupplied for example of Casablanca itself, which has seen
a Costa monolith or Aegean whitewashed block. quality housing. “There is still a large deficit of investors doubling their money over three years.
The fortunate accident of Morocco’s position housing for locals, with a huge demand for the right Morocco has all the right moves for investors
also works in its favour meaning that the foreign kind of resi-dence,” he says. “Developers are still keen to see the maximum returns for their shrewd
market is drawn here for some very simple reasons. struggling to fulfil demand for the 30 million plus decision to invest in the country most likely to win
The location makes it easy and cheap to get to from who live here, and there still remains a shortage of hearts – and minds. There’s something for every-
European cities, ideal for a sunshine break. There is over a million units.” body and – beyond the golf course, the infinity
sea, sun and a certain ambiance, as well as good The recent entry into the market of these new pool, or the hamman – there’s a future in this country
night life and it’s safe too, safer than many of the players, however, is bound to continue to generate which will continue to deliver well beyond the King’s
traditional venues in Europe. There’s also a ski waves of interest both locally and internationally. 2010 deadline.
station an hour from Marrakesh for those who like
variety in their destinations.
Jonathan Seal, CB Richard Ellis’s executive
Jihane
director of residential property in London, is also
excited about the possibilities ahead for the bur-
geoning Moroccan market. “The key to success if
you are looking to invest in Morocco is to choose a
developer who really knows the market,” he says.
“Alliances is one such developer, creating
properties to an international standard, with a local’s
considered experience on where best to invest in the
country, far beyond a tourist’s view of where to build.
“Prestigia is another example. They have a solid
reputation for delivering premium products, at a
competitive price in often one-off locations. It’s hard
for them to be beaten on that score.”
Seal also recommends investors do research of
their own, taking time to find out which locations
have a particularly strong local take-up.

Villa Temoin Marrakech Golf City Tanjah Beach and Golf Resort
A Pe r s o n a l E x p r e s s i o n

available at
$BEPHBO(BSEFOT 4MPBOF4RVBSFr)BSSPETr)BSWFZ/JDIPMTr4FMGSJEHFTr-JCFSUZ

www.annoushka.com 020 7881 5828


IN_teriors

spa garden with cloistered relaxation, a hydro-pool


with shaded cabanas for post-treatment relaxation
and a thermal suite.
In response to the challenging economic market,
Green launched a new concept, HG Living, six months
ago. This has proven to be the perfect panacea for
the struggling investment market. With a buoyant
rental market, investors are having to work harder to
attract higher rates, as are those looking to sell, so
quality fittings and the overall “look” are becoming
increasingly critical. HG Living packages are tailor-
ed to maximise the saleability and rentability of pro-
perties, whilst retaining a designer look. Specialists
in providing these all-inclusive packages, HG Living
offers exceptional value and speed of installation.
Helen Green’s company is one that was born out With a turnover in excess of £700,000 for the 10 HG
Leading British interior
of passion, style and vision – striving to create inter- Living projects completed thus far, it is clear the
designer, Helen Green, has iors combining ultimate comfort and practicality with market has taken favourably to the concept.
sophistication. Situated in the heart of Chelsea, “The presentation of a rental property is the key
established a reputation for London (in the former iconic landmark, the Austral- to achieving the highest possible rental return for
creating elegant, modern ian Pub), Green, director of Helen Green Design, and the investor, equally those trying to sell,” says Green.
her team of talented designers employ contemporary “HG Living provides a fast, sophisticated and
classic interiors for classic style to create exquisite interiors for a diverse professional service. The market was yearning for a
international private clients, and ever-changing range of projects. Green says, high-end solution to this issue and I am thrilled that
“You start by listening and understanding your client’s six months after its inception, the concept has proven
prestigious developments, vision. From here, using various design schemes, a complete success and the business has grown
five-star hotels and spas you can guide them to find the best possible beyond expectation.”
interpretation of their ultimate interior”. So what is at the heart of her success? “The
both in the UK and abroad. From magnificent country estates to cutting- design process is not about imposing a rigid style,”
Established in 2002, her edge city apartments, super-yachts to exquisite says Green, “it is a journey. Junctions and possible
hotel suites in the Caribbean, each project injects routes are discussed and ultimately we arrive at the
company encompasses luxury and sophistication into any property, whilst destination together”.
interior design, interior reflecting effortless elegance.
Uniquely, Green’s Interior Architecture Helen Green Design Ltd,
architecture and bespoke Department enables her to offer a full interior 29 Milner Street, London SW3 2QD
architecture service to those clients who require it. Tel: +44 207 352 3344
British-made furniture
She has recently completed work alongside a Email: mail@helengreendesign.com
and accessories. developer on a crescent of nine large Lutyens-style Web: www.helengreendesign.com
townhouses in Belgravia, a luxurious ski chalet in
Val d’Isere and private residences in London,
Sussex and Gloucestershire.
Following the successful design of luxury suites
at the Coral Reef Club and Sandpiper Hotel,
Barbados, Green was commissioned to design the
new spa at the Coral Reef Club based on their brief
to capture classical Caribbean design with a
modern, streamlined look. The spa includes a
luxuriously appointed indoor relaxation room, four
private, individual treatment rooms with private
gardens, a couples’ outdoor treatment pavilion, a

IN_MAGAZINE
39

5 6

1. CORAL REEF SPA BARBADOS 7


2. REGENCY TOWNHOUSE DINING ROOM
3. THE SANDPIPER BARBADOS BATHROOM
4. REGENT’S PARK MASTER BEDROOM
5. CORAL REEF SPA BARBADOS MANICURE
PEDICURE ROOM
6. GEORGIAN TOWNHOUSE
7. HELEN GREEN DESIGN LTD,
29 MILNER STREET, LONDON
8. THE BERKELEY KNIGHTSBRIDGE SITTING ROOM
EXQUISITE
PROPERTIES

EXQUISITE
PROPERTIES

IN_MAGAZINE
EXQUISITE 49
41
PROPERTIES

JONATHAN SEAL, EXECUTIVE DIRECTOR OF


CB RICHARD ELLIS, INTRODUCES A SELECTION
OF THE HOTTEST RESIDENTIAL PROPERTIES
FROM AROUND THE WORLD.

The global financial crisis has swept through all Over the next few pages we will demonstrate our
sectors of the economy. This turbulence compels breadth of truly inspirational properties in some of
the potential property investor to seek out trusted, the best locations around the world.
established businesses that have a world-wide Contact us and we will delight you with our
team of exceptional people: experts who are refreshing, personable, and professional approach
accessed locally, who have the maturity, experience to advisory services from our worldwide team of
and passion to offer rational property advice and local property experts.
understand that today’s sophisticated customers I look forward to your call. In the meantime, we
and their families are seeking a complete service hope you enjoy the selection we have made for you.
that goes beyond the normal standards found in
the property business. Jonathan Seal runs CB Richard Ellis’s Global
There are few companies with the experience, Residential Business and he is responsible
scale and knowledge to understand the global for heading up a global network that provides
JONATHAN SEAL prime residential marketplace and deliver except- comprehensive services across every step of the
CB RICHARD ELLIS ional service to high net worth individuals. development process. Formerly MD of Hamptons
GLOBAL RESIDENTIAL CB Richard Ellis is one. We have created a Residential Development and International, he has
sophisticated, global property advice service with more than 25 years’ experience working in resident-
our own experts on the ground in every major market ial property across Central London, Europe and the
in the world – from the Pacific Rim to Europe. Many Far East and is now widely recognised as one of the
of these are regarded as leading local authorities. UK property industry’s leading figures.
And we have the expertise to handle every step of
any prime property transaction, however large or
complex, wherever our clients are in the world.
EXQUISITE
PROPERTIES

ASIA PACIFIC

KOH OUEN AND KOH BONG, CAMBODIA


SONG SAA ISLAND RESORT
THE SONG SAA ISLAND RESORT IS LOCATED
ON KOH OUEN AND KOH BONG – TWO SMALL
ADJACENT ISLANDS IN THE KOH RONG
ARCHIPELAGO, A 30-MINUTE BOAT RIDE
FROM SIHANOUKVILLE.
This top-end luxury resort in Cambodia offers exclusive one and two-bedroom
over-water and jungle villas (109 to 297 sq m) to investors seeking their own
piece of unspoilt paradise. Resort facilities include a five-star over-water
restaurant and lounge bar, swimming pool, spa and wellness centre, yoga
and meditation centre and a beachside water sports centre. The resort is
expected to be completed in Q2 2011. This is a surprisingly affordable
investment opportunity on a true luxury private island.

DEVELOPMENT NAME Song Saa Island Resort


ARCHITECT Melita Hunter
For further information please contact INTERIOR DESIGNER Melita Hunter
Prakaipeth Meechoosarn NUMBER OF UNITS 14 (five available)
+66 76 239 967 or +66 81 538 6879
COMPLETION DATE Q2 2011
songsaa@cbre.co.th
PROPERTY FOR SALE Resort villas on a private island
WEBSITE www.songsaa.com

IN_MAGAZINE
EXQUISITE 43
PROPERTIES

THAILAND CONRAD KOH SAMUI RESIDENCES IS A LUXURY RESORT


CONRAD KOH SAMUI DEVELOPMENT SITUATED ON A PRISTINE BEACHFRONT
RESIDENCES SITE ON THE SOUTHWEST COAST OF KOH SAMUI,
COMPRISING A 65-KEY HOTEL AND 32 RESIDENTIAL
POOL VILLAS.
The residential villas range from two to three DEVELOPMENT NAME Conrad Koh Samui Residences
bedrooms (387 to 828 sq m), each featuring its own
ARCHITECT Eco-Id
private pool with panoramic views of the sea and the For further information please contact INTERIOR DESIGNER Wilson Associates
Five Islands. Villa owners will have access to a range Prakaipeth Meechoosarn
of Conrad Resort facilities including restaurants, spa, NUMBER OF UNITS 32
+66 77 430 737
gym and pool, library and kids’ club. Owners of the samui@cbre.co.th COMPLETION DATE Q4 2010
two-bedroom villas also have a choice of entering PROPERTY FOR SALE Resort villas
into a rental programme, which offers one of the best CLIENT / DEVELOPER Hillcrest Development
value propositions compared to other branded (Samui) Co Ltd.
residences, with a seven per cent guaranteed yield WEBSITE www.cbre.co.th
for the first five years. The development is expected
to be completed in Q4 2010.

THAILAND
MILLENNIUM RESIDENCE
DEVELOPMENT NAME Millennium Residence
ADDRESS Sukhumvit Road, Bangkok
ARCHITECT Inter Akitek (Design Consultant: Atkins Ltd.)
INTERIOR DESIGNER Design Consultant: Axis ID Pte Ltd.
NUMBER OF UNITS 604
COMPLETION DATE November 2009
PROPERTY FOR SALE Condominium
WEBSITE www.cbre.co.th/en/Bangkok-Condo-Millennium-Residence.asp

MILLENNIUM RESIDENCE IS LOCATED ON APPROXIMATELY


4.7 ACRES OF LAND IN THE HEART OF BANGKOK, WITH
EASY ACCESS TO THE ASOKE BTS AND SUKHUMVIT
MRT STATIONS, AND THREE ACCESS ROUTES. THE
DEVELOPMENT COMPRISES FOUR HIGH-RISE TOWERS.

The condominium units range from one to three bedrooms


(66 to 193.5 sq m), as well as luxury penthouses. There
are only a maximum of four units per floor, with every unit For further information
offering stunning views of the Bangkok skyline. Common please contact
facilities include a 50-metre pool and a two-storey club- Suchapa Watanangura
house with gym, sauna, steam room and tennis court, +66 2 654 1111 ext 437
all set in a land-scaped environment. Each typical unit millenniumresidence@cbre.co.th
features world-class specification, including high ceilings,
solid timber flooring, luxury bathrooms and wardrobes.
EXQUISITE
PROPERTIES

HONG KONG
ST. ANDREW’S PLACE

St. Andrew’s Place, with magnificent views of the


Hong Kong Golf Club, the Hong Kong Jockey
Club and the Beaus River Country Club, is the
epitome of exquisite residence in Hong Kong.
It offers both an exclusive lifestyle and beautiful
surroundings, like those found in the legendary
addresses at Deep Water Bay and Shek O.

The houses mostly range in size between


4,848 sq ft and 5,895 sq ft, though some go up
to 7,510 sq ft, each offering vast living space with
ceilings that soar up to 19 ft high. There are also
generous, lush gardens and lavishly appointed
bathrooms and kitchens.

DEVELOPMENT NAME St. Andrew’s Place THE LEGENDARY


For further information please contact PROPERTY FOR SALE Houses (five-bedroom) NEIGHBOURHOOD.
Rebecca Shum CLIENT / DEVELOPER Sino Land Company THE LEGENDARY ADDRESS.
+852 2820 2980 Limited
rebecca.shum@cbre.com.hk

SINGAPORE DEVELOPMENT NAME Goodwood Residence


GOODWOOD RESIDENCE ARCHITECT WOHA Architects Pte Ltd.
INTERIOR DESIGNER WOHA Architects Pte Ltd.
The magnificent ambience orchestrates a sense
NUMBER OF UNITS 210
of grandeur, and sprawling tree-conservation
grounds set the stage for a residence of worldly COMPLETION DATE December 2013
elegance that is only minutes away from Orchard WEBSITE www.goodwoodresidence.com.sg
Road. Created by award-winning architect
WOHA and landscape architect ICN Design GRANDIOSE TREES STAND
International, Goodwood Residence is an SENTINEL, FRAMING THE
exclusive condominium comprising 210 luxury TRANQUIL TREE-LINED
apartments designed to command the widest BOULEVARD AS YOU
views of Goodwood Hill. Winner of the prestigious ARRIVE HOME.
BCA Green Mark Platinum Award, Goodwood
Residence is duly recognised for creating an
eco-friendly environment while complementing
the lush greenery and rich heritage of the
distinguished Goodwood Hill neighbourhood.

For further information please contact


Joseph Tan
+65 9663 6252
joseph.tan@cbre.com.sg

IN_MAGAZINE
EXQUISITE 45
PROPERTIES

VIETNAM DEVELOPMENT NAME CapitaLand – Hoang Thanh Co Ltd.


MULBERRY LANE ARCHITECT RSP Architects Planners & Engineers
(Vietnam) Co Ltd.
LOCATED IN HA DONG DISTRICT, HANOI, INTERIOR DESIGNER Index Design Pte Ltd.
MULBERRY LANE ENJOYS EASY ACCESS NUMBER OF UNITS 1,478
TO THE CITY CENTRE VIA NGUYEN TRAI COMPLETION DATE 2014
AND LE VAN LUONG EXTENSION, AND IS WEBSITE www.mulberrylane.com.vn
CONVENIENT FOR NOI BAI AIRPORT.

The Mulberry Lane development is situated on a site area of 2.45 hectares.


It comprises five residential blocks, a four-storey podium car park and
basement car parking. Mulberry Lane offers unit types ranging from one For further information please contact
to three bedrooms, special duplexes with double volume spaces and Nguyen Hoang Long
penthouse with access to private roof-top landscaped decks. It is Mobile: +84 977 21 5555
designed for efficient use of natural lighting and breezes and provides Hotline: +84 123 883 6886
more than 50 recreational facilities to complete your dream lifestyle, long.nguyen@cbre.com
including a 50m lap swimming pool, gardens, putting green, badminton
court, children’s playground and a lakeside BBQ cabana.
EXQUISITE
PROPERTIES

AUSTRALIA A unique residence of grand proportions and occupying a prime position


ONSLOW adjacent to Elizabeth Bay House, Onslow commands sweeping views of the
Harbour to the Heads. Just as significant is the building’s intimate connection
THIS IS A ONE-OFF OPPORTUNITY TO with the McElhone Reserve – the superbly maintained emerald green park
RESIDE IN UNPARALLELED ELEGANCE right on its doorstep.
AND LUXURY AT THE HEART OF SYDNEY’S The interiors by the internationally acclaimed Freedman Rembel reflect the
MOST EXCLUSIVE LOCALE. timeless sophistication found in the apartments of 19th century Paris or
post-war New York. The highest quality finishes have been chosen to
DEVELOPMENT NAME Onslow create environments of understated elegance.
ADDRESS 1 Onslow Avenue, Elizabeth Bay NSW, 2011
ARCHITECT PTW
INTERIOR DESIGNER Freedman Rembel Interiors
For further information please contact
NUMBER OF UNITS Nine
Tim Rees
COMPLETION DATE November 2009
+61 2 8969 8510
WEBSITE www.oneonslow.com.au tim.rees@cbre.com.au

IN_MAGAZINE
EXQUISITE 47
PROPERTIES

AUSTRALIA North is exemplified by iconic structures such as the NORTH IS INSPIRED BY THE
NORTH RESIDENCES Sydney Harbour Bridge, the North Sydney Olympic SHEER DRAMA OF LIVING
Pool and Luna Park. Internationally acclaimed NEAR THE HARBOUR’S EDGE,
North Residences
DEVELOPMENT NAME Australian architects, PTW, have transformed a REFLECTING THE BEST OF A
ADDRESS 118 Alfred Street, grand building into a modern masterpiece. Its HEROIC AGE OF ARCHITECTURE.
Milsons Point NSW, 2061 striking glass envelope offers breathtaking vistas
ARCHITECT PTW Architects and luxury appointments rarely found in today’s
INTERIOR DESIGNER Archer & Wright new homes. It’s an experience that celebrates the
NUMBER OF UNITS 76 essence of place. In a city of bold and spectacular
outlooks, North ensures its exclusive penthouses,
COMPLETION DATE July 2009
residences and apartments are without equal.
CLIENT / DEVELOPER Australand & Rebel
Property Group
WEBSITE www.northresidences.com.au

For further information please contact


Tim Rees
+61 2 8969 8510
tim.rees@cbre.com.au

The sprawling ground-floor residence is the spirit


AUSTRALIA DEVELOPMENT NAME 6 St. George’s Crescent
of generosity with its sundrenched lap pool, pool
6 ST. GEORGE’S CRESCENT ARCHITECT Squillace Nicholas
house and boatshed. High above, the soaring
Architects
penthouse with its private roof garden takes in
INTERIOR DESIGNER Squillace Nicholas
panoramic views from the Harbour to the City.
Architects
Both possess private lift lobbies.
NUMBER OF UNITS Seven
CLIENT / DEVELOPER Iris Capital Property Chic poliform kitchens are lavishly furnished
Development with a fine collection of European appliances
WEBSITE www.6stgeorgescrescent.com.au with outdoor spaces also equipped with quality
integrated barbecues. The light filled bathrooms
are the epitome of elegance, wrapped toe-to-toe
in luxurious folds of honed marble, limestone
or vitrified tile. The bathrooms feature striking
freestanding bathtubs, cavernous showers
and beautiful marble vanities. All apartments
include ample storage, double car garaging,
zoned air-conditioning, video intercom and
excellent security.

For further information


please contact

SYDNEY’S MOST BEAUTIFUL HARBOURFRONT RESIDENCES, David Milton


+61 2 8969 8500
COMPRISING A UNIQUE COLLECTION OF JUST SEVEN david.milton@cbre.com.au
PROPERTIES, EACH WITH ASTOUNDING NORTH-EAST
FACING HARBOUR VISTAS.
EXQUISITE
PROPERTIES

EUROPE

Hollow Lane House is located in a wonderful


position on the exclusive Wentworth Estate.
Renowned throughout the sporting world for its
superb golfing facilities, the Wentworth Estate
extends to approximately 750 acres lying within
the green belt. It has three internationally
renowned 18-hole golf courses including
the championship West Course.

Ypres Rose Developments Ltd. (YRD) is a


renowned property developer, specialising
UK DEVELOPMENT NAME Hollow Lane House
in luxurious homes for the most discerning
HOLLOW LANE HOUSE ARCHITECT Dave Farrell and STH
customers. Hollow Lane House incorporates
the finest detail, including a Pedini designed INTERIOR DESIGNER Tiger Interiors and
HOLLOW LANE HOUSE IS Callister Russell
and built kitchen featuring appliances by
SITUATED IN AN ELEVATED NUMBER OF UNITS One
Gaggenau, Wolf and a Sub Zero refrigerator,
POSITION IN 2.7 ACRES ON July 2009
as well as a heated indoor swimming pool COMPLETION DATE
THE RENOWNED WENTWORTH
and spa with sauna and steam room. Super prime
ESTATE. A 13,100 SQ FT HIGH- PROPERTY FOR SALE
single residence
SPECIFICATION RESIDENCE,
IT HAS JUST BEEN AWARDED
“BEST SINGLE RESIDENCE”
For further information please contact
IN THE UK DAILY MAIL
Rory Cramer PROPERTY AWARDS.
+44 20 7182 2063
rory.cramer@cbre.com

UK
TOPEKA
TOPEKA IS VERY DEVELOPMENT NAME Topeka
HIGH SPECIFICATION ARCHITECT Dave Farrell and STH
AND THE ONLY NEW INTERIOR DESIGNER Tiger Interiors
ARTS AND CRAFTS-
One
STYLE RESIDENCE NUMBER OF UNITS

BEING BUILT IN ST COMPLETION DATE December 2009


GEORGE’S HILL. PROPERTY FOR SALE Super prime
single residence
The house extends over 14,100 sq ft
and sits in more than an acre of
elevated landscaped grounds with
views across Surrey and Berkshire.

For further information please


contact
Rory Cramer
+44 20 7182 2063
rory.cramer@cbre.com

IN_MAGAZINE
EXQUISITE 49
PROPERTIES

Chelsea Apartments development will consist


of 24 new-build private apartments and one
penthouse. It will benefit from underground car
parking and concierge and is designed by the
award-winning architects Dixon Jones.

Launch is due in spring 2010 with completion


in December 2010.

For further information please contact


Jonathan Seal
+44 20 7182 2264
jonathan.seal@cbre.com

UK DEVELOPMENT NAME Chelsea Apartments


CHELSEA APARTMENTS ARCHITECT Dixon Jones
INTERIOR DESIGNER Dixon Jones
CHELSEA APARTMENTS IS LOCATED ON THE CORNER
NUMBER OF UNITS 25
OF FULHAM ROAD AND HORTENSIA ROAD IN
December 2010
CHELSEA. THE DEVELOPMENT IS A SHORT WALK COMPLETION DATE

FROM THE MANY SHOPS AND RESTAURANTS OF CLIENT / DEVELOPER Manhattan Loft Corporation and
The Trevor Osborne Group
BOTH THE FULHAM ROAD AND THE KING’S ROAD.

AUSTRIA DEVELOPMENT NAME Fontana One hundred apartments and 120 villas are already
FONTANA ARCHITECT James Acton sold. One more apartmenthouse is currently under
construction and will be finished in autumn this year.
NUMBER OF UNITS 17 apartments
An additional 50 lots will come to the market in the
FONTANA RESORT, GOLF COMPLETION DATE October 2010
near future. Fontana is an exclusive, unique resort
AND SPORTS CLUB, WAS RESORT Fontana with exquisite apartments and houses.
FOUNDED IN 1996. FONTANA
CLIENT / DEVELOPER Fontana Immobilien
IS AUSTRIA’S MOST ELEGANT GesmbH
LEISURE RESORT AND IS
WEBSITE www.fontana.at
SITUATED JUST A FEW
For further information please contact
DRIVING MINUTES AWAY
FROM VIENNA’S CENTRE. Margit Petri
+43 1 533 40 80 14 or +43 664 500 58 84
margit.petri@cbre.com
EXQUISITE
PROPERTIES

PORTUGAL
EDEN RESORT
EDEN RESORT IS A SUPERB
DEVELOPMENT OF LUXURY
VILLAS AND APARTMENTS
IN ALBUFEIRA, ALGARVE.

DEVELOPMENT NAME Eden Resort


ADDRESS Albufeira, Algarve
NUMBER OF UNITS 198
COMPLETION DATE 2010
PROPERTY FOR SALE 134 apartments,
60 townhouses, four villas
WEBSITE www.edenresort.com

Eden Resort has been carefully conceived to bring areas; snack-bar; playing field; club house;
a range of amenities and comforts designed to gourmet restaurant; bar with panoramic terrace;
make the holiday a truly memorable experience. mini–market; beach club; bike rental; private
Traditionally styled, with large terraces, and set condominium with 24-hour security system;
amidst ample green spaces, with views over the shuttle service (beach, golf); concierge service.
lush, landscaped gardens and pools, the houses
and apartments have been designed to take full
advantage of the magnificent Algarve light, and
to offer calm, tranquility and security, with the For further information please contact
emphasis on relaxed outdoor living. The extensive
José Maria Magalhães,
range of facilities includes: five outdoor swimming
+ 351 226 167 240
pools; one indoor swimming pool with sauna and
Mobile +351 912 230 688
Turkish bath; spa; kid’s club; strolling and reading
jose.magalhaes@cbre.com

IN_MAGAZINE
EXQUISITE 51
PROPERTIES

PORTUGAL
VALE DO LOBO RESORT
TURISTICO DE LUXO, S.A.

THE NEWLY BUILT ROYAL GOLF


DEVELOPMENT LOCATED
WITHIN THE ALGARVE’S
PRESTIGIOUS VALE DO LOBO
RESORT OFFERS HIGHLY
INNOVATIVE DESIGNS,
SPECTACULAR GOLF VIEWS
AND EXTENSIVE YEAR-ROUND
SERVICES AND FACILITIES, Clients can choose from Royal Golf villas – luxury tennis academy in Portugal, 15 restaurants of
CATERING TO GOLFERS AND linked villas available in various designs – and diverse cuisine, a state-of-the-art Wellness Centre
FAMILIES ALIKE. beautifully decorated Margarida apartments. Two- and unrivalled leisure facilities and events. Round-
and three-bedroom units are available with owners the-clock security vigilance via CCTV and patrols
enjoying superb levels of privacy, unrivalled golf and a 24-hour medical centre offer peace of mind.
views over the Royal Golf Course and close
In addition to the Royal Golf Development, Vale do
proximity to diverse facilities. Innovation lies at the
DEVELOPMENT NAME Vale do Lobo Resort Lobo offers numerous real estate options. Sea-front
Turistico de Luxo, S.A. core of these homes with references to classical
and golf-front plots, bespoke villa designs,
design also visible – elegant overflow pools lined
ADDRESS Vale do Lobo Resort beautifully built homes ready to move into and
Turistico de Luxo, S.A. with mosaic tiling, stone-clad walls, exposed beams
several other new developments are also available.
Algarve, Portugal and modern glass, stainless steel staircases and
8135-864 Vale do Lobo underground parking are just some of their features.
COMPLETION DATE 2009 Vale do Lobo is the longest established resort in
PROPERTY FOR SALE 21 units remaining the Algarve. With more than 45 years’ experience For further information please contact
and a reputation for excellence it is today the premier
José Maria Magalhães
luxury resort in the Algarve. It is famous for 2km + 351 226 167 240
of blue flag awarded beach, two prestigious golf Mobile + 351 912 230 688
courses – the Royal and the Ocean – the largest jose.magalhaes@cbre.com

KAZAKHSTAN, ALMATY EDELWEISS AHSEL RESIDENCES IS A UNIQUE RESIDENTIAL


EDELWEISS AHSEL COMPLEX LOCATED IN THE FOOTHILLS OF THE TIEN SHAN
RESIDENCES MOUNTAIN RANGE, OFFERING AN INCREDIBLE OPPORTUNITY
TO ENJOY MAGNIFICENT MOUNTAIN AIR AND STUNNING VIEWS.

DEVELOPMENT NAME Edelweiss Ahsel


Residences, Almaty,
Kazakhstan
CLIENT / DEVELOPER Ahsel Group
ADDRESS Almaty, Kazakhstan,
Gorny Gigant
NUMBER OF UNITS 130
COMPLETION DATE 2009
PROPERTY FOR SALE 11 apartments,
42 houses/villas
WEBSITE www.cbre.kz

The Edelweiss Ahsel Residences Development community centre (bar, restaurant, fitness centre,
consists of 130 elite residences, including 41 villas, swimming pool, spa-centre, kindergarten),
56 townhouses and 33 two-level apartments with telecommunication services, power and water For further information please contact
individual land plots and a community centre. The supply, heating, maintenance of all engineering Marina Khrisanova
compound occupies a total area of 12 hectares (ha), systems, 24-hour security, territory cleaning, +7 701 768 5773
of which 4.5 ha are extensively covered by greenery. waste collection, garden management, almaty@cbre.kz
The compound residents are surrounded by a high reception services, food delivery, laundry, dry-
level of comfort and sophisticated services provided cleaning and medical services. The concept
by the management company, which is well known of the Edelweiss Ahsel Residences is based
for its five-star-level service at the Inter Continental on the most modern architectural designs and
Almaty – The Ankara in Kazakhstan Hotel. The state-of-the-art technologies.
services provided to compound residents include:
EXQUISITE
PROPERTIES

AMERICAS
BARBADOS
PORTICO BARBADOS

DEVELOPMENT NAME Portico Barbados


ARCHITECT Roldano Belori
INTERIOR DESIGNER Lynne Pemberton Designs
NUMBER OF UNITS 10
COMPLETION DATE December 2009
PROPERTY FOR SALE Apartments
CLIENT / DEVELOPER Chris Salt / Aberconia Ltd.

PROSPECT ST JAMES
WORLD’S BEST APARTMENT 2009
PORTICO … WHERE EXCELLENCE IS NOT AN ACHIEVEMENT BUT A WAY OF LIFE!

Situated on a 15 ft bluff overlooking the Caribbean roof terrace with pool, while garden apartments
Sea at Prospect Bay in St. James, Portico stands as feature an additional 1,500 sq ft of private
a true representation of sophistication and state-of- gardens and sun terrace. For further information
the-art living that is distinct from any other residential please contact
Winner of multiple five-star International
development on the island’s west coast. Jonathan Seal
Property Awards in 2008 and 2009 including
+44 20 7182 2264
Portico features 10 luxurious 3,500 sq ft units, each Best International Apartment 2009, Portico
jonathan.seal@cbre.com
with three exceptional bedrooms with en-suite is distinguished by its outstanding finishes,
bathrooms and spacious walk-in closets. Penthouse revolutionary design and modern take on
apartments include an additional 1,500 sq ft private island living.

The villa has five bedrooms, sleeping nine and


ANTIGUA
extends over 7,500 sq ft. The villa is available
VILLA NICOBAR GALLEY BAY
on a turn key basis with the most luxurious
furnishings sourced throughout Europe by
VILLA NICOBAR IS AN ULTRA LUXURIOUS VILLA
an international interior designer.
LOCATED IN THE EXCLUSIVE GALLEY BAY IN ANTIGUA
AND HAS STUNNING VIEWS OF THE CARIBBEAN. Nicobar sits on a plot of three-quarters of an acre
and has planning permission for a further two-
bedroom guest cottage with plunge pool.

The large terrace, jacuzzi and large infinity pool


are located beyond, allowing the most amazing
views of the Caribbean Sea. All bedrooms are
en-suite with walk-in rain showers and have their
own verandas and views over the Caribbean.
The kitchen is by Dada and has a wine cellar
carved out of the rock with exposed rock walls.
The villa is fully air conditioned and also has
ceiling fans in each room. The property is fully
fenced with electric gates offering complete
DEVELOPMENT NAME Villa Nicobar Galley Bay
privacy and has a 34 kva stand-by generator.
PROPERTY FOR SALE House
CLIENT / DEVELOPER Iris Capital Property
Development

For further information


please contact
Jonathan Seal
+44 20 7182 2264
jonathan.seal@cbre.com

IN_MAGAZINE
CB RICHARD ELLIS WORLDWIDE. FOR INFORMATION ON ANY 53
OF THESE EXQUISITE PROPERTIES PLEASE CONTACT:

AMERICAS ASIA PACIFIC EMEA


ARGENTINA AUSTRALIA AUSTRIA SERBIA AND MONTENEGRO
Luis Martinez de Virgilio David Milton Margit Petri Vladimir Popovic
Buenos Aires Sydney Vienna Belgrade
Paraguay 346, 14th Floor, Buenos Aires, Suite 1403, Level 14, 100 Pacific Highway, Tegetthoffstrasse 7, 1010 Vienna CB Richard Ellis d.o.o, Airport City Belgrade,
1057, Argentina Neutral Bay, NSW 2089 Sydney t +43 1 533 40 80 88b Omladinskih Brigade, 11070 Belgrade
t +54 114315 8845 t +61 2896 98500 e margit.petri@cbre.com t +381 11 222 3407
e lmartinez@cbre.com.ar e david.milton@cbre.com.au e vladimir.popovic@cbre.co.rs
BAHRAIN
BRAZIL CHINA Steve Mayes SLOVAKIA
Walter Cardoso Anton Eilers Manama Joerg Kreindl
São Paulo Beijing Ground Floor Block 2, Manama Centre, Bratislava
Rua Alexandre Dumas, 1711, 10o. Andar, Units 1203-1205, 12th Floor, Tower A, Government Avenue, PO Box 11370, Manama Park One Nam. 1. maja 18
Birmann 11 Building 04717-004 São Paulo Beijing Fortune Plaza, No. 7 Dong San Huan t +973 3666 2940 t +421 2 3255 3302
t +55 11 5185 4688 Zhong Road, Chaoyang District, Beijing, e steve.mayes@cbre.com e joerg.kreindl@cbre.com
e wcardoso@cbre.com.br 100020
t +86 10 85880828 BELGIUM SPAIN
CANADA e anton.eilers@cbre.com.cn Therecia Landell Nicolás Llari de Sangenís
Tony Quattrin Brussels Madrid
Vancouver Jane Alexander Avenue Lloyd George 7, Brussels, 1000 Edificio Torre Picasso, planta 27,
Terasen Centre, Suite 600, 1111 West Georgia St, Shanghai t +322 643 3376 Plaza Pablo Ruiz Picasso, 28020, Madrid
Vancouver BC, V6E 4M3 Suite 3201, Shanghai K. Wah Centre, 1010 e therecia.landell@cbre.com t +34 91 514 3848
t +604 662 5154 Huaihai Zhong Road, Shanghai, 200031 e nicolas.llari@cbre.com
e tony.quattrin@cbre.com t +86 21 24011200 DENMARK
e jane.alexander@cbre.com.cn Mikael Glud SWEDEN
CHILE Copenhagen Magnus Ungmark
Fernando Ruiz HONG KONG Trondhjems Plads 3, DK-2100, Copenhagen Stockholm
Santiago Rebecca Shum t +45 7022 9601 Mäster Samuelsgatan 42, 12th floor,
Roger De Flor No. 2871, Office 103, Hong Kong e mikael.glud@cbre.com Stockholm, SE-111 57
Esquina Avenida El Bosque Norte, 34/F Central Plaza, 18 Harbour Road, t +46 8 4101 8700
Las Condes, Santiago Wan Chai, Hong Kong SAR FRANCE e magnus.ungmark@cbre.com
t +56 25 62 2672 t +852 282 02980 Guy Neplaz
e fernando.ruiz@cbre.com e rebecca.shum@cbre.com.hk Paris SWITZERLAND
145-151 rue de Courcelles, BP 80450, Nicole Weber
LATIN AMERICA & THE CARIBBEAN INDIA 75824 Paris, Cedex 17 Geneva
Jorge Hurtado Manish Kashyap t +33 1 53 64 30 01 33 rue des Bains, Geneva, CH-1205
Miami New Delhi e guy.neplaz@cbre.fr t +41 22 322 80 67
777 Brickell Avenue, 9th Floor, Miami, FL 33121 PTI Building, Ground Floor 4, Parliament Street e weber@cbre.ch
t +1 305 533 7109 New Delhi 110 001 Renaud Capelle
e jorge.hurtado@cbre.com t +91 11 4239 0200 Paris UAE
e manish.kashyap@cbre.com 145-151 rue de Courcelles, BP 80450, Morna Macdonald
MEXICO 75824 Paris, Cedax 17 Dubai
José Nacif INDONESIA t +33 1 53 64 36 09 Emaar Square, Building 6, 8th Floor, Dubai
Mexico City Steven Tjen e renaud.capelle@cbre.fr t +971 4 437 7200
Montes Urales 470, 2nd Fl, Lomas de Jakarta e morna.macdonald@cbre.com
Chapultepec, Mexico City, DF 11000 Menara BCA 45/F, Suite 4502, GERMANY
t +52 55 5284 0000 Jalan M. H. Thamrin No.1, Jakarta 10310 Jacob Volckerts UK
e jose.nacif@cbre.com.mx t +62 21 523 7337 Frankfurt Jonathan Seal
e steven.tjen@cbre.co.id Bockenheimer Landstrasse 24, London
PANAMA Frankfurt am Main, 60323 Kingsley House, 1a Wimpole Street,
Mariela Barria PHILIPPINES t +49 40 80 80 20 57 London W1G 0RE
Plaza Credicorp Bank, Office 502, Rick Santos e jacob.volckerts@cbre.com t +44 207 182 2264
50th Street, No. 120, Ciudad de Panamá Manila e jonathan.seal@cbre.com
t +507 210 1674 Suite 1003-1005, 10f, KAZAKHSTAN
e mbarria@cbre.com.pa Ayala Tower One Exchange and Plaza, Roger Holland Nick Jopling
Ayala Avenue, Makati City, Metro Manila 1226 Premier Alatau Business Center, 3rd floor, London
PERU t +63 275 22573 Dostyk 105, Almaty, 050051 Kingsley House, 1a Wimpole Street,
Raúl Contreras e rick.santos@cbre.com t +7 727 258 1760 London W1G 0RE
Lima e roger.holland@cbre.kz t +44 207 182 2076
Avenida Aramburu 965, Suite 401, SINGAPORE e nick.jopling@cbre.com
San Isidro, Lima, 27 Pauline Goh MOROCCO
t +511 222 7914 Singapore Karim Beqqali
e raul.contreras@cbre.com.pe 6 Battery Road, 32-01 Singapore 049909 Casablanca
t +65 6224 8181 97, Boulevard Al Massira, Al Khadra 1er Etage,
USA e pauline.goh@cbre.com.sg 20100 Casablanca
Colleen Pentland t + 212 522 77 89 80
Boston THAILAND e karim.beqqali@cbre.com
111 Huntington Ave, 12th Fl, Boston, MA 02199 David Simister
t +1 617 488 7241 Bangkok POLAND
e colleen.pentland@cbre.com 46th Floor, CRC Tower, All Seasons Place, Mikolaj Martynuska
87/2 Wireless Road, Lumpini, Pathwan, Warsaw
Laurie Lustig-Bower Bangkok 10330 Rondo 1, 12th Floor,
Los Angeles t +66 265 41111 Rondo ONZ 1 Warsaw, 00-124
1840 Century Park East, Suite 700, e david.simister@cbre.co.th t +48 2254 48029
Los Angeles, CA 90067 e mikolaj.martynuska@cbre.com
t +1 310 550 2556 VIETNAM
e laurie.lustig-bower@cbre.com Marc Townsend PORTUGAL
Ho Chi Minh José Maria Magalhães
Kent Kerr Unit 1301, Me Linh Point Tower, 2 Ngo Duc Ke Porto
Miami Street, Ho Chi Minh City, S.R., District 1 Rua José Gomes Ferreira, 117
1111 Brickell Avenue, Suite 2125, t +848 382 46125 4150-442 Porto
Miami, FL 33131 e marc.townsend@cbre.com t +351 22 616 72 40
t +1 305 533 7110 e jose.magalhaes@cbre.com
e kent.kerr@cbre.com
ROMANIA
William Huberty Ionut Bordei
San Francisco Bucharest
101 California St, 44th Floor, San Francisco, Europe House, 51-53 Lascar Catargiu Blvd,
CA 94111 Bucharest, Sector 1
t +1 415 772 0487 t +40 7229 31366
e william.huberty@cbre.com e ionut.bordei@cbre.com

Joel Coren RUSSIA


Washington DC Jana Kuzina
The Victor Building, 750 9th St, NW Suite 900, Moscow
Washington DC 20001-4156 Millennium House, Trubnaya Street, 12, 107045
t +1 202 585 5773 t +7 495 258 3990
e joel.coren@cbre.com e jana.kuzina@cbre.com

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