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Latest News & Updates from Butterfly Residential

Property Spotlight: Andalusian Villa in the Golf Valley

Property Spotlight: Andalusian Villa in the Golf Valley

Nueva Andalucía has become one of the most sought-after neighbourhoods in the south of Spain, and it’s property market is synonymous with traditional, Andalusian architecture.
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IHG Buys Six Senses Brands For $300 Million

IHG Buys Six Senses Brands For $300 Million

InterContinental Hotels Group (IHG®) has today announced the acquisition of Six Senses Hotels Resorts Spas, one of the world’s leading operators of luxury hotels, resorts and spas. The $300 million cash acquisition from Pegasus Capital Advisors in
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New York penthouse sells for $238M, setting a US record

New York penthouse sells for $238M, setting a US record

NEW YORK (AP) — A billionaire hedge fund founder has purchased a penthouse in New York for roughly $238 million. The Wall Street Journal reported Wednesday that the deal sets a record for the highest-priced home ever sold in the U.S. Citadel hedge
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Investment in logistics market will surpass €1.200M in 2018

Investment in logistics market will surpass €1.200M in 2018

Real estate investment in the logistics market in Spain will surpass 1.200 million euro in 2018, ahead of the 854 million euro recorded in 2017, according to real estate consultant Savills Aguirre Newman, which remarks in its report that this investi
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Qatari firm buys London's Grosvenor House hotel

Qatari firm buys London's Grosvenor House hotel

A Qatari state-backed company is to buy the Grosvenor House hotel on London’s Park Lane, the latest in a string of acquisitions of the capital’s trophy assets. Katara Holdings, which is owned by the Qatar Investment Authority (QIA), has bought Gr
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British Real Estate Developer Hammerson Has Agreed To Buy Competitor Intu

British Real Estate Developer Hammerson Has Agreed To Buy Competitor Intu

British real estate developer Hammerson has agreed to buy competitor Intu to form a European retail giant: Hammerson will be the largest real estate company in the UK and the second in Europe. This merger agreement will create a group with €23,700
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Institutional Investment In Hotels Is Beginning In Portugal

Institutional Investment In Hotels Is Beginning In Portugal

The diversification of real estate investment has reached the Portuguese hotel industry, which is increasingly attractive to foreign investors. Pipeline investment operations in this sector are around €300 million, estimates Cushman & Wakefield. In
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Saudi Arabia just announced plans to build a $500 billion mega-city that's 33 times the size of New York City

Saudi Arabia just announced plans to build a $500 billion mega-city that's 33 times the size of New York City

Saudi Arabia just announced plans to build a $500 billion mega-city that's 33 times the size of New York City. Saudi Arabia is the world's largest oil exporter, but falling oil prices have made it more difficult for the country to pay its oil workers
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All-Inclusive hotels have a new look for a new era

All-Inclusive hotels have a new look for a new era

Today’s All-Inclusive hotels still tempt vacationers with all-you-can-eat buffets and free flowing drinks, but that’s where the similarities end with the traditional All-Inclusive model. The All-Inclusive, or AI, vacation has been around since th
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Inside Britain's most expensive home

Inside Britain's most expensive home

Inside Britain's most expensive home: 45-bedroom Hyde Park super-mansion which was previously owned by a Saudi prince is set to be sold for £280million. A 45-bedroom billionaire's mansion formerly owned by a Saudi prince and a Lebanese prime ministe
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Fountainbleau Acquired for $600 Million

Fountainbleau Acquired for $600 Million

Witkoff, Together with New Valley LLC, Acquires “Undervalued” Las Vegas Hotel, Formerly Known as the Fountainbleau, for $600 Million. NEW YORK-August 30, 2017-Witkoff, a global real estate development and investment firm, together with New Valley
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Investment in offices reaches €1.150 million in Spain

Investment in offices reaches €1.150 million in Spain

The newest report of Aguirre Newman points out that during the first semester of 2017, the volume of office investment has surpassed the €1.150M in the two core markets, Madrid and Barcelona. It has also been carried out investment transactions in
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