Central London’s Luxury Real Estate Market Had an Unusually Slow August

Mansion Global's daily round-up of the latest luxury real estate news from around the world ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
Mansion Global Daily

Central London's Luxury Real Estate Market Had an Unusually Slow August

Lackluster sales could be the result of political uncertainty earlier in the season rather than a sign of trouble to come, according to LonRes. Read More

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News Bites
Nicolas Cage Snaps up a $10.5 Million Beach House in California

Academy Award-winning actor Nicolas Cage has just dropped $10.5 million on a beachfront home in Malibu. Entered through a private courtyard, the four level, almost 4,000-square-foot property has floor-to-ceiling glass walls overlooking the ocean, a chef's kitchen, access to a secluded beach and a rooftop deck—which is a rarity in Malibu. The seller was Lenard Liberman, a co-founder of Liberman Broadcasting. The New York Times

Sydney Home Asking A$17 Million With a Cigar Room Sells

A home in Sydney with a host of high-end amenities has just changed hands. Asking A$17 million (US$11.49 million), the five-bedroom waterfront property boasts a glass-enclosed cigar and whiskey room, an onsen-inspired day spa, a home cinema with a starlit ceiling, a games room, a private jetty and a pontoon. There's also a full-floor wellness level. Domain

Housing Starts Fall Across Canada

Canadian housing starts dropped 22% in August, according to Canada Mortgage and Housing Corp. The seasonally adjusted annual rate of housing starts came in at 217,405 units, down from 279,804 in July, the national housing agency said. The annual rate of starts of multi-unit urban projects such as apartments, condominiums and townhouses dropped 29%, while the rate of single-detached urban starts rose 3%. Toronto Sun

Record-Breaking Skyscraper Heading to the Dubai Skyline in 2029

A Dubai skyscraper, slated for completion in 2029, is poised to break multiple world records. Tiger Sky Tower, from developer Tiger Properties, will be home to the world's highest restaurant, pool and penthouse. The building will also boast amenities including a zip line, a rainforest and a jogging track. New York Post

Around News Corp

Kenny Rogers's Home in the Atlanta Suburbs Is Hitting the Market [The Wall Street Journal]

Inside Mareterra, the Property Development on a Brand New Slice of Monaco's Coast [The Times of London]

Director Steven Soderbergh Lists Chic Designer Condo in Tribeca for $9.4 Million [Realtor.com]

I Got a Great Deal on a COVID House—but Now My Mortgage Has Doubled [New York Post]

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