JOHN TAYLOR NEWS

HOLDING THE KEYS TO LUXURY REAL ESTATE SINCE 1864

City Scape Qatar

Written By: John Taylor - Sep• 23•15


Cityscape Qatar, one of the Middle East’s leading real estate development and investment events, offers a platform for asset managers and financiers; architects, urban planners and designers; real estate developers, stadium designers and professional service providers to discuss and debate the industry’s trends, as the State of Qatar continues to invest in large scale infrastructure and construction projects in the lead up to the Qatar National Vision 2030.
The fourth annual Cityscape Qatar took place on 11-13 May 2015 at Doha Exhibition Centre, under the patronage of His Excellency Sheikh Abdulla Bin Nasser Bin Khalifa Al-Thani, Prime Minister and Minister of the Interior.
For the second year, John Taylor Qatar participated in CityScape Doha, this year John Taylor Doha had a 200 sqm stand designed to reflect the luxury market that we present. In addition to the local properties, John Taylor Qatar presented international properties, in NY, London, Paris, Cannes and Istanbul. During the exhibition, John Taylor Qatar lunched a big marketing campaign in the newspapers to present all their local and international properties and projects.

Luxus-Makler John Taylor stößt nach Deutschland vor

Written By: John Taylor - Sep• 17•15

In Berlin öffnet das erste deutsche Büro, weitere sollen in München, Frankfurt, Hamburg und Düsseldorf folgen. Der französische Luxus-Makler John Taylor hat Deutschland für sich entdeckt. Doch anders als Engel & Völkers oder Von Poll setzt der Lizenzgeber mit Sitz in Cannes vornehmlich auf internationale Kunden, die in deutsche Edel-Immobilien investieren wollen.

John Taylor begann im Jahr 1864 seine Karriere in Cannes. Heute findet dort die große Immobilien-Messe Mipim statt.

Die erste Adresse lautet: Berlin-Charlottenburg, Goethestraße 80. Oliver Blum sitzt dort. Er hat sich von John Taylor die Deutschland-Lizenz über die Gesellschaft Secinvest Advisory Partners mit Sitz in Hamburg gesichert. In Berlin soll die Marke zunächst etabliert werden, sagt Blum, dann will er andere Metropolen besetzten. Hamburg könnte der nächste Standort sein. Im Blick hat er aber auch München, Frankfurt und Düsseldorf.

Der Berliner Markt sei vielversprechend, sagt Daniel Masnaghetti, Geschäftsführer von John Taylor Corporate. “Unsere internationale Klientel ist sehr an Luxusimmobilien in Berlin interessiert”. Vermögende Menschen würden in Zukunft verstärkt in die Bundeshauptstadt gehen – wegen der einzigartigen Kultur, Kunstwelt und der rasanten Entwicklung der Stadt. “Unsere Kunden möchten eine Stadtwohnung in Berlin besitzen, genauso wie sie bereits Apartments in New York oder ein Pied-a-terre in Paris bewohnen.”

Die John Taylor-Gruppe ist seit 150 Jahren auf Luxusimmobilien spezialisiert. Von Sir John Taylor in Cannes im Jahr 1864 gegründet, sind die vier Hauptgeschäftsfelder des Unternehmens heute Transaktionen, Vermietungen, Immobilien-Management und Gewerbeimmobilien. Die Gruppe ist in 12 Ländern mit einem Netzwerk von 21 Niederlassungen weltweit präsent: in Frankreich, Großbritannien, Italien, Katar, Malta, Monaco, Mauritius, USA, Russland, Schweiz sowie Spanien. Und nun auch in Deutschland.

Source: Immobilien Zeitung

Dubrovnik and The Italian Lakes: second-home hotspots

Written By: John Taylor - Aug• 03•15

Dubrovnik and The Italian Lakes are second-home hotspots for British buyers Holiday homes in the Italian Lakes – or across the coast in Dubrovnik – offer tranquil water views as well as a handsome rental return. Cathy Hawker 31 July 2015 Blue heaven: homes on the banks of Lake Maggiore in Italy enjoy some of the most coveted views in Europe. Image: Rex Most homes with views over water come with a hefty premium. For second-home hunters, a view of a lake, river or the sea can push up property prices by more than 30 per cent, even in already top-flight holiday destinations.

Here we check out two attractive holiday home locations that are near the water.

Dubrovnik, Croatia Across the clear Adriatic Sea from Italy’s east coast, South Dalmatia in Croatia offers good sea views backed by a dramatic landscape of vines and orange trees.

Sun Gardens is an established hotel and family-focused sporting resort 15 minutes from medieval Dubrovnik on a mile-long beach. It has a 201-room hotel and 207 apartments, with 18 restaurants and bars, tennis and squash courts, extensive gym and spa facilities, a climbing wall, football pitch and indoor pool.

From £163,000: one-and two-bedroom apartments set among shaded walkways on the Adriatic coast at Sun Gardens, Dubrovnik

The impressive resort has entered its final phase, selling 32 one- and two-bedroom apartments from £163,000. Annual service charges start from about £3,100 and the resort will manage rentals and maintenance. “This is a hassle-free solution for buyers who want good family time in a safe and interesting location,” says Julian Houchin of resort owners iO Adria.

“Owners come from 15 different countries and are receiving gross rental returns of about five per cent, helped by
a successful conference business outside of the peak holiday season.”

The Italian Lakes

For confirmed fans of Lake Como, agents John Taylor has a duplex apartment with a wide terrace directly overlooking the lake at Torno, three miles from the town of Como. The two-bedroom home is priced at £269,300.

Source: Homes and Property

New partnerships are helping NYC brokers conquer the world

Written By: John Taylor - Feb• 19•15

New York City real estate biggies are going global!

Or, are major international brokerages invading Gotham?

Perhaps it’s a bit of both as local heavy-hitters such as The Corcoran Group continue to forge comprehensive partnerships with big-name brands with serious world-wide bona fides.

Thinking locally — but acting globally — the goal here is to expand the city’s real estate impact as far and wide as possible while exposing local buyers to the world’s best property options.

The partnership: Corcoran — with presence in New York City, the Hamptons and South Florida — partnered with Monaco-based John Taylor Group, which was founded in 1864 and now has $12 billion in worldwide listings, to meet growing demand for Americans to buy abroad and for foreigners to invest stateside.

The players: Pamela Liebman helms Corcoran with 2,200 total sales associates; Delphine Pastor presides over John Taylor with 19 offices in nine countries.

The project: The Robert A.M. Stern-designed 30 Park Place will bring a Four Seasons-brand hotel and residences to TriBeCa when it opens in 2016.

“It’s a global brand that appeals to buyers around the world,” says Liebman.

This makes the project easy “for John Taylor to bring to their clients,” she adds.

Source: The New York Post

Looking to London

Written By: John Taylor - Feb• 03•15

What does the softening of the British capital’s luxury market mean for NYC?

Mystery buyers forking over $100 million for apartments on Billionaire’s Row may grab the headlines, but the real money in luxury real estate isn’t on 57th Street; it’s in London.

In 2014, Britain’s capital overtook Hong Kong as the most expensive city in the world for new residential real estate. The average price per square foot there reached $3,380, according to a December report from commercial brokerage CBRE, which tracked what it called “key global cities favored by high-net-worth individuals.”

Hong Kong ranked second with the average price for luxury homes at $3,290 a square foot, while New York came in third at $3,040.

Yet prices for London’s high-end properties are showing signs of leveling off, if not dropping slightly, brokers say. The change is a result of a stronger pound relative to the euro and the U.S. dollar, coupled with higher real estate taxes and Britain’s upcoming spring election.

London and New York, of course, are often talked about in the same breath — namely because their economies have more in common with each other than they do with the countries they reside in. As a result, many in the New York real estate industry are looking to London as a bellwether.

Sources say the recent slowdown in London can be largely attributed to foreign buyers getting spooked by the political and tax uncertainty. Those buyers account for a huge chunk of the market: According to a 2013 report, a stunning 77 percent of London buyers were either non-British or did not reside in the United Kingdom (49 percent were non-Brits and 28 percent lived elsewhere).

In New York, by comparison, foreigners make up about a third of higher-end condo buyers, according to Census Bureau estimates and other sources.

Sources say if New York’s foreign buyers begin to turn elsewhere, the New York luxury market will see a similar softening. But for now, they note, New York could pick up more foreign buyers as result of the uncertainty in the U.K. and in other parts of the world.

But insiders note London’s leveling off or dip must also be viewed in relation to the titanic increases luxury prices there saw during the boom of the aughts and since the bust.

“In 2009, we set off on quite a boom and prices rose rapidly in 2010, 2011, 2012,” said David Adams, a broker at the European firm John Taylor, which recently partnered with the Corcoran Group in New York. “Many parts of London are now 30, 35, 40 percent above where they were at the peak, whereas, in New York, I believe, they’re back at 2007 levels.”

Priciest closed sales

The three priciest residential sales in London for 2014 ranged in price from about $47 million to $85 million, according to London’s municipal land registry. Ironically, none of them bested the latest record breaker in New York: Extell Development’s $100 million penthouse sale at One57, which closed last month. Still, these London pads are not too shabby.

Price: $85.6 million

The apartment, which sold to an undisclosed buyer in July, is the second-most-expensive single home sale in British history, behind a mansion in West London, which went for just under 55 million pounds in 2012. The newly constructed maisonette is located in the new seven-unit development known as 5 Princes Gate in Westminster.
Price: $78.6 million

This six-bedroom, 8,400-square-foot duplex is located at 21 Chesham Place in the Royal Borough of Kensington and Chelsea. The Norman Foster-designed six-unit building, which was developed by brothers Nick and Christian Candy, is a former telephone company exchange. The unit, which was listed for about $60 million, sold (well over ask) in October. The Candys, of course, are the duo behind London’s now-famed One Hyde Park, where a multi-unit sale in 2011 topped $222 million.

Price: $47.7 million

The house, which is located at 8 Thornwood Gardens in Kensington and Chelsea, has 10 bedrooms and four “reception” rooms. It’s part of a 45-home, garden-centered development from early in the last decade with a pool and a gym. It sold in February. It last sold for $17.57 million in 2006, giving a good idea of just how much London luxury prices have jumped.

Priciest three listings

Gauging the priciest London listings is difficult because the most expensive homes are never actually publicized. “Many buyers for these most expensive properties do not want to see this imprint available on the Web, for security and privacy reasons,” said Adams of John Taylor. TRD, however, was able to find the priciest listings on England’s publicly available multiple-listing service; not surprisingly, most did not have exact addresses. Unlike the New York market, where new construction apartments are currently fetching top dollar, most of London’s priciest listings are houses.

Price: $70.4 million

The seven-bedroom house on Lyndhurst Road in London’s well-to-do Hampstead neighborhood includes four reception rooms, an indoor swimming pool and lush gardens over more than half an acre.

Price: $59.8 million

The 13,564-square-foot eight-bedroom townhouse sits just off Mayfair’s ultra-fashionable Berkeley Square on Charles Street. It comes with a two-story reception hall and traces its architectural roots to the late 1700s (though it’s been recently renovated).

Price: $51.7 million

This seven-bedroom mansion is in the neighborhood known as St. John’s Wood. It includes flourishes like a home theater (with a bar) and a “leisure complex” with gym, steam room and indoor pool.

The development darlings

Like New York’s One57 and 432 Park, London has its own buzz-worthy projects.

When it opened in 2011, the Candy brothers One Hyde Park, was the “it” project, making international headlines when Ukrainian mogul Rinat Akhmetov bought a 25,000-square-feet two-unit pied-à-terre for $222.2 million. The deal still ranks as the overall priciest residential purchase in U.K. history. But there are a slew of new projects, particularly along the currently unfashionable South Bank of the Thames River. Here’s a look at the most noteworthy among them:

The Heron

The 367-foot, 36-story tower, which opened in 2013, was the tallest residential development in the City of London neighborhood in more than 30 years. The 285-unit building includes a 6,000-square-foot duplex penthouse that features a retractable glass roof (not a skylight, a roof) and is asking $27.2 million. The tower was 97 percent sold before construction was finished.

Upcoming challenges

The London market is facing a couple of key challenges in the coming months, namely retaining its status as a go-to investment for wealthy foreigners. Below are three factors that sources say could push foreign buyers out of the market.

Higher taxes

At the end of 2014, the British government increased the sales tax on properties worth more than $2.3 million to 12 percent, up from about 5 percent two years ago. British residents refer to this as the “stamp duty” or “mansion tax.” Nearly every property trade, of whatever price point, is subject to a stamp duty; the mansion tax is for properties trading in only about the top 2 percent of the U.K. housing market — basically, the prime London market.

General election

The U.K. will host its first general election in five years on May 7. The uncertainty over who will control the national government post-election has contributed to the slight softening of the London luxury market, sources said. The Labour Party, which lost the last general election to a Conservative-Liberal coalition and has a good chance of regaining power, has proposed a new annual tax starting at $4,500 on homes worth at least $3 million. The amount of the tax would increase with the value of the home.

Stronger pound

Although a stronger pound speaks well to the British economy, it also makes it more expensive for foreigners looking to buy London real estate. In July 2014, the pound hit a six-year high against the U.S. dollar, rising above $1.70. It was around $1.50 at press time.

Source: The Real Deal

Luxury international agent John Taylor partners with U.S. brokerage

Written By: John Taylor - Jan• 16•15

Last month U.S. residential brokerage firm The Corcoran Group entered into an alliance with John Taylor, the global international luxury estate agency.

The two firms say they have entered into the alliance to satisfy growing demand from American and international clients seeking unique properties in the United States and abroad.

For over 150 years, John Taylor has been working for high net-worth clientele in luxury real estate markets across nine countries (France, Italy, Spain, Monaco, the United Kingdom, Qatar, Russia, Mauritius and Switzerland).

The firm has over 2,400 properties in its network portfolio encompassing more than $12 billon of property value.

Commenting on the new alliance, Corcoran’s Pamela Liebman said: “Corcoran is honoured to enter this relationship with John Taylor. It is an extraordinary company with a rich history, renowned for superb client service and for representing the world’s most prestigious properties.”

“With a large percentage of Corcoran condominium sales coming from international buyers today, our affiliation with John Taylor enhances the level of client services and property selections both firms can offer on a global basis,” she added.

Delphine Pastor, President of John Taylor, stated: “The alliance with Corcoran is fully in line with our strategy to optimize our international network. New York City, the Hamptons and South Florida are the three top destinations attracting our international clients in search of exclusive luxury real estate properties in North America. Corcoran is the perfect partner for John Taylor thanks to its unrivalled expertise and success built across the years and their commitment to excellence.”

Source:International Estate Agent Today

Alpine Allure

Written By: John Taylor - Jan• 13•15

Prime ski properties are back in demand. From the Alps to Canada to Japan, buyers from around the globe, especially the Far East, are heating up the once cool market.
Liana Cafolla takes a look at the white-hot destinations for slope-side living.
Luxury ski homes at the world’s highest addresses are fast becoming must-haves for the world’s wealthiest property owners and investors. Prices have suffered some of the ups and downs of other high-end properties in the post-Lehman years, but the overall trend is upward – the average price of a luxury home in the world’s 20 leading ski resorts was up 5.9 per cent in the year to June 2014, building on 4.6 per cent growth the previous year.

Les Trois Vallées – The Three Valleys – in the French Alps is the world’s largest ski zone, encompassing eight top resorts, including Courchevel and Méribel, and features some of the world’s most advanced ski infrastructure, including bubble lifts with integrated seat heating. The area offers stunning scenery, a vast ski area, as well as a host of aprèsski and non-ski activities. Megève, another popular resort, is located an hour’s drive from the Swiss city of Geneva.

“Courchevel, Méribel, Megève and Val d’Isère are the best French ski resorts,” says Olivier Nicolai of John Taylor Courchevel. “All have invested heavily in order to attract skiers as well as non skiers [and] offer a wide range of activities for the entire family such as hot air balloon rides, skidooing, paragliding, and ice skating.”

The limited supply of properties has pumped up property prices here, and they have been boosted further by increasing demand from international buyers attracted by the area’s cultural appeal and quality of life. “By renting out your chalet or apartment, it is possible to obtain a yearly yield between 2-6 per cent, depending on the location and the amenities of your property,” says Nicolai. “However, it is important to notice that what is most important when investing in a French ski resort is the high capital appreciation you can get out of it in the longer term.” High taxes imposed by the French government and uncertainty about tax policies in recent years have affected the market, and prices in Courchevel, Méribel and Megève stopped rising in 2013. A promise of no new state taxes and an election in 2017 have calmed some concerns. “We believe that real estate prices will remain stable for a few years and we will see slight price reductions for a certain number of properties which are currently priced too high or are not considered premium [due to] location, amenities, or view,” says Nicolai.

Souorce: Luxury Property Magazine

High-end agents link up across the Atlantic

Written By: John Taylor - Dec• 11•14

John Taylor, the high-end European-based estate agency with a branch in London, has entered into an alliance with the Corcoran Group, a major US real estate brokerage.

The primary aim is to help US clients who want property abroad – John Taylor was founded in France 150 years ago and now deals with high net-worth clientele in Italy, Spain, Monaco, the UK, Qatar, Russia, Mauritius and Switzerland, as well as France.

John Taylor – led in the UK by David Adams, an ex-Hamptons International agent – has over 2,400 properties in its portfolio valued at over £7.6 billion. In 2013, the average transaction price for John Taylor was £3.5m.

A spokeswoman for John Taylor says the move is in line with the firm’s strategy “to optimize our international network” by offering clients properties in New York City, the Hamptons and South Florida. Meanwhile US clients are expected to favour John Taylor sourced property in London, Côte D’Azur, Paris, Monaco, Geneva and Lake Como.

Source: estateagenttoday.co.uk

John Taylor ‘first international luxury real estate brand’ on Mauritius

Written By: John Taylor - Dec• 10•14

The growing international agency hopes the new office in Ebene will increase sales, rental and property management to Commonwealth and Francophile communities, plus Russia and the Middle East

Expanding property agency, John Taylor, has opened its first office in Mauritius and claims to be the first international luxury real estate brand on the island.

John Taylor’s office in Ebene, the business and financial hub of Mauritius, is its first in the Indian Ocean region and brings its global total to 19 in nine countries.

The news comes just a week after John Taylor announced it was linking with the US-based Concoran Group to serve the growing demand from American and international clients seeking unique properties in the United States and abroad.

Ansy Gujadhur, who has an extensive background in marketing and the luxury hotel sector, has been appointed to head up the new office on Mauritius.

She says, “We are very excited to represent such an established name as John Taylor in Mauritius. Over the past seven years, Mauritius has implemented a wide range of fiscal incentives to encourage investment and relocation by people in other countries.

“The luxury reputation of Mauritius has contributed to the success of such initiatives and driven the increase in luxury residential projects, with John Taylor being the first international luxury real estate brand to be introduced to the island.”

The new office, which will offer property sales, management and rentals, is within easy reach of the best resort locations across the island and the agency hopes to harness the island’s luxury reputation and burgeoning real estate market, including strong foreign demand.

John Taylor Mauritius will help strengthen the link between the Commonwealth and Francophile communities, as well as reaching the emerging markets of Russia and the Middle East, who have only recently become aware of the island’s potential.

Daniel Masnaghetti, Managing Director of John Taylor Corporate, who is responsible for the international development of the group, says, “Mauritius is a unique destination in line with our objectives for international growth and our commitment to strengthen our network.

“The Mauritius luxury real estate market is characterised by new, unique development projects that attract clients from all over the world. The market is hospitable for international buyers too, with special schemes in place such as a Real Estate Scheme (RES) or an Integrated Resort Scheme (IRS) that helps them to secure their preferred property.”

The agency also intends to work closely with the island’s real estate and tourism bodies to help attract greater international investment into Mauritius.

Patrick Brelu, Associate Director of John Taylor Mauritius, says “It is with great pleasure that we celebrate the launch of the John Taylor Mauritius office. With the current climate of global economic uncertainty, there are an increasing amount of Europeans, especially French nationals looking to relocate to Mauritius for retirement or entrepreneurial purposes.”

Under the RES (Real Estate Scheme), IRS (Integrated Resort Scheme) and IHS (Invest Hotel Scheme), non-residents are permitted to acquire residential properties and obtain residential permits in Mauritius.

John Taylor first founded his real estate agency in 1864 in Cannes, France, and this year marks its 150th anniversary. As well as Mauritius and France, the agency now has offices in Monaco, Spain, Italy, the UK, Qatar, Russia and Switzerland.

Source: OPP Connect

The Corcoran Group expands global reach

Written By: John Taylor - Dec• 09•14

The Corcoran Group says it will expand its global reach by partnering with Monaco-based John Taylor Group, which caters to wealthy clients out of 19 offices in nine countries including France, Italy, Spain, the U.K., Qatar, Russia and Switzerland.

Based in New York City, where it has 1,249 agents and more than $4.1 billion in listings, The Corcoran Group is a Realogy subsidiary and a member of the Cartus Broker Network, which has more than 1,000 member firms and 54,000 agents.

“This alliance exemplifies Corcoran’s strategy for expanding its global reach by aligning with premier local firms in targeted global markets,” said Pamela Liebman, The Corcoran Group’s CEO and president, in a statement. “With a large percentage of Corcoran condominium sales coming from international buyers today, our affiliation with John Taylor enhances the level of client services and property selections both firms can offer on a global basis.”

The Corcoran Group has 2,200 agents working out of 40 offices in New York and Florida. In New York, the brokerage is focused on Manhattan, Brooklyn, the Hamptons, the North Fork and Shelter Island. In Florida, the company serves the Miami Beach, Delray Beach and Palm Beach markets.

John Taylor says it’s handling a portfolio of 2,400 properties valued at more than $12 billion, and that the average sale price of sales it brokered in 2013 was $5.5 million.

Source: inman.com